3,172 Shares in Ross Stores, Inc. $ROST Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management bought a new stake in Ross Stores, Inc. (NASDAQ:ROST) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,172 shares of the apparel retailer’s stock, valued at approximately $687,000.

Other institutional investors also recently added to or reduced their stakes in the company. Ethic Inc. lifted its stake in Ross Stores by 25.6% during the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after purchasing an additional 4,847 shares during the last quarter. Financial Planning Hawaii Inc. purchased a new position in Ross Stores in the fourth quarter valued at approximately $1,542,000. National Pension Service raised its holdings in Ross Stores by 138.4% during the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after purchasing an additional 754,816 shares in the last quarter. CWM LLC raised its holdings in Ross Stores by 61.1% during the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock worth $8,114,000 after purchasing an additional 17,090 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its position in shares of Ross Stores by 99.5% during the 4th quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock worth $2,656,000 after buying an additional 7,353 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Price Performance

Ross Stores stock opened at $208.83 on Tuesday. 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 business has a 50 day simple moving average of $226.23 and a 200-day simple moving average of $208.43. Ross Stores, Inc. has a 12 month low of $126.32 and a 12 month high of $242.81. The stock has a market capitalization of $66.99 billion, a PE ratio of 29.17, a price-to-earnings-growth ratio of 2.39 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the company posted $1.47 EPS. Ross Stores’s revenue was up 20.6% compared to the same quarter last year. 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 predict that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

The firm also recently disclosed 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 0.9%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s payout ratio is currently 24.86%.

Analysts Set New Price Targets

ROST has been the subject of several research analyst reports. Truist Financial upped their target price on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price target on the stock. in a research note on Tuesday, June 23rd. Barclays boosted their price target on shares of Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Citigroup upped their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Company 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.