Ross Stores, Inc. $ROST Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lowered its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 33.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 694,314 shares of the apparel retailer’s stock after selling 345,390 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Ross Stores were worth $125,074,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ethic Inc. grew its stake in shares of Ross Stores by 25.6% in the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock valued at $4,282,000 after buying an additional 4,847 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Ross Stores during the 3rd quarter worth approximately $1,411,000. Financial Planning Hawaii Inc. purchased a new position in Ross Stores in the 4th quarter worth approximately $1,542,000. Amica Mutual Insurance Co. acquired a new stake in Ross Stores in the third quarter valued at approximately $4,790,000. Finally, CWM LLC grew its position in Ross Stores by 61.1% in the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after acquiring an additional 17,090 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Stock Performance

Shares of Ross Stores stock opened at $236.77 on Tuesday. The firm has a market cap of $75.95 billion, a PE ratio of 33.07, a price-to-earnings-growth ratio of 2.70 and a beta of 0.86. The firm’s 50-day simple moving average is $225.30 and its 200-day simple moving average is $204.97. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. Ross Stores, Inc. has a 1 year low of $124.49 and a 1 year high of $242.81.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm 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 earnings per share 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. Stockholders of record on Tuesday, June 9th will be given a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

Insider Buying and Selling

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

Analyst Ratings Changes

A number of research analysts have recently commented on ROST shares. Guggenheim reissued a “buy” rating and set a $290.00 target price on shares of Ross Stores in a research report on Monday, April 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Wells Fargo & Company boosted their price objective on shares of Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Telsey Advisory Group upped their price objective on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Finally, Citigroup raised their target price on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. One investment 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.