Hsbc Holdings PLC Has $121.40 Million Stake in Ross Stores, Inc. $ROST

Hsbc Holdings PLC increased its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 1.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 673,254 shares of the apparel retailer’s stock after acquiring an additional 10,175 shares during the period. Hsbc Holdings PLC owned about 0.21% of Ross Stores worth $121,398,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Somerset Trust Co boosted its stake in shares of Ross Stores by 0.4% during the fourth quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock valued at $2,664,000 after purchasing an additional 55 shares in the last quarter. Independent Advisor Alliance increased its stake in shares of Ross Stores by 1.7% in the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock valued at $596,000 after buying an additional 55 shares during the period. CYBER HORNET ETFs LLC raised its holdings in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after buying an additional 55 shares during the last quarter. Florida Trust Wealth Management Co raised its holdings in Ross Stores by 1.7% in the 4th quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after buying an additional 56 shares during the last quarter. Finally, MCF Advisors LLC boosted its position in Ross Stores by 4.6% during the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after buying an additional 57 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Wells Fargo & Company lifted their target price on Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Barclays increased their price target on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

Shares of ROST opened at $232.80 on Monday. The firm has a market cap of $74.68 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. Ross Stores, Inc. has a 52-week low of $124.49 and a 52-week high of $242.81. The business’s 50 day moving average price is $226.33 and its two-hundred day moving average price is $206.55. 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 (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.47 EPS. 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, equities analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

Insiders Place Their Bets

In other news, COO Michael J. Hartshorn sold 15,813 shares of the 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 transaction, the chief operating officer owned 116,028 shares of the company’s stock, valued at $24,935,577.48. This represents a 11.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CMO Karen Sykes sold 5,506 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief marketing officer owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. This represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.10% of the company’s stock.

About Ross Stores

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.