23,000 Shares in Ross Stores, Inc. $ROST Bought by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,000 shares of the apparel retailer’s stock, valued at approximately $4,982,000.

Several other institutional investors also recently bought and sold shares of ROST. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores in the 4th quarter worth approximately $26,000. Bard Associates Inc. bought a new stake in Ross Stores during the fourth quarter worth approximately $31,000. City Holding Co. boosted its position in Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the period. Finally, Virtus Advisers LLC acquired a new position in Ross Stores during the fourth quarter valued at approximately $32,000. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Stock Performance

Shares of NASDAQ ROST opened at $212.85 on Wednesday. Ross Stores, Inc. has a 12 month low of $126.32 and a 12 month high of $242.81. The company has a market cap of $68.28 billion, a P/E ratio of 29.73, a P/E/G ratio of 2.35 and a beta of 0.86. The business’s 50 day moving average is $225.93 and its two-hundred day moving average is $208.64. 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 posted its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the business earned $1.47 earnings per share. Ross Stores’s revenue for the quarter 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. On average, equities analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ROST shares. 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 report on Tuesday, June 23rd. JPMorgan Chase & Co. upped their price objective 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. Barclays raised their target price on shares of Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

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.