Ross Stores, Inc. $ROST Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC grew its holdings in Ross Stores, Inc. (NASDAQ:ROSTFree Report) by 778.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,906 shares of the apparel retailer’s stock after buying an additional 9,665 shares during the quarter. Global Retirement Partners LLC’s holdings in Ross Stores were worth $1,965,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its stake 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 worth $26,000 after purchasing an additional 140 shares in the last quarter. City Holding Co. grew its stake 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 worth $32,000 after purchasing an additional 162 shares in the last quarter. JFS Wealth Advisors LLC grew its stake 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 worth $38,000 after purchasing an additional 63 shares in the last quarter. Salomon & Ludwin LLC grew its stake in shares of Ross Stores by 89.0% during the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 105 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in shares of Ross Stores by 396.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 248 shares of the apparel retailer’s stock worth $46,000 after purchasing an additional 198 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insider Transactions at Ross Stores

In other news, Director Patricia H. Mueller sold 1,881 shares of Ross Stores stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the sale, the director owned 2,159 shares in the company, valued at approximately $460,147.67. The trade was a 46.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the sale, the chief marketing officer owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 25,756 shares of company stock worth $5,521,004. Corporate insiders own 2.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ROST. Truist Financial set a $290.00 target price on shares of Ross Stores and gave the stock a “buy” rating in a research note on Friday. Barclays boosted their target price on shares of Ross Stores from $205.00 to $221.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Wells Fargo & Company boosted their target price on shares of Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday. JPMorgan Chase & Co. boosted their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a research report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Ross Stores presently has an average rating of “Moderate Buy” and an average target price of $230.88.

Read Our Latest Research Report on ROST

Key Stories Impacting Ross Stores

Here are the key news stories impacting Ross Stores this week:

Ross Stores Stock Up 8.1%

ROST opened at $234.81 on Friday. The business’s 50-day simple moving average is $219.06 and its 200-day simple moving average is $197.05. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.58. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $235.80. The stock has a market capitalization of $75.64 billion, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 3.11 and a beta of 0.87.

Ross Stores (NASDAQ:ROSTGet Free Report) last posted its 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. Ross Stores had a return on equity of 39.02% and a net margin of 9.74%.The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the firm earned $1.47 earnings per share. The business’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. Analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

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 dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s payout ratio is 26.93%.

Ross Stores Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ross Stores (NASDAQ:ROST)

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