Advisors Preferred LLC Purchases New Shares in Ross Stores, Inc. $ROST

Advisors Preferred LLC acquired a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,333 shares of the apparel retailer’s stock, valued at approximately $505,000.

A number of other large investors have also modified their holdings of ROST. Woodline Partners LP increased its position in shares of Ross Stores by 39.9% in the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after buying an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Ross Stores by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after acquiring an additional 117 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after acquiring an additional 2,792 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in shares of Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock worth $19,200,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its position in shares of Ross Stores by 2.2% during the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after purchasing an additional 265 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Trading Up 2.2%

Shares of ROST stock opened at $225.81 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The firm has a market cap of $72.44 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 2.48 and a beta of 0.87. The company has a 50-day moving average of $223.89 and a two-hundred day moving average of $211.40. Ross Stores, Inc. has a 1-year low of $126.32 and a 1-year high of $242.81.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the firm earned $1.47 EPS. The business’s revenue was up 20.6% on a year-over-year basis. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. On average, analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ROST. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. upped their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a report on Tuesday, June 23rd. Truist Financial raised their target price on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Ross Stores currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.