Aigen Investment Management LP Takes Position in Ross Stores, Inc. $ROST

Aigen Investment Management LP purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,850 shares of the apparel retailer’s stock, valued at approximately $1,955,000.

A number of other hedge funds also recently made changes to their positions in ROST. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores during the fourth quarter valued at approximately $26,000. City Holding Co. raised its holdings in shares of Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after buying an additional 162 shares during the last quarter. Virtus Advisers LLC bought a new stake in shares of Ross Stores during the fourth quarter valued at approximately $32,000. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Ross Stores by 42.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock valued at $38,000 after buying an additional 63 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ROST. Telsey Advisory Group lifted their price target on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. raised their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

ROST opened at $240.13 on Friday. The stock has a fifty day moving average of $224.97 and a 200-day moving average of $204.34. The firm has a market capitalization of $77.03 billion, a P/E ratio of 33.54, a PEG ratio of 2.70 and a beta of 0.86. Ross Stores, Inc. has a 12-month low of $124.49 and a 12-month high of $242.81. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last released its 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. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.47 earnings per share. 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. Equities analysts forecast that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.445 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores’s payout ratio is currently 24.86%.

Insiders Place Their Bets

In other news, COO Michael J. Hartshorn sold 15,813 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the completion of the transaction, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the transaction, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at $22,331,883.20. This represents a 5.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is owned by insiders.

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.