Advisors Preferred LLC Purchases Shares of 2,333 Ross Stores, Inc. $ROST

Advisors Preferred LLC acquired a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the 1st quarter, Holdings Channel reports. The firm acquired 2,333 shares of the apparel retailer’s stock, valued at approximately $505,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Woodline Partners LP increased its position in shares of Ross Stores by 39.9% in the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Ross Stores by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after buying an additional 117 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after buying an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after buying an additional 1,508 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Ross Stores by 2.2% in the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock valued at $1,605,000 after buying an additional 265 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $225.81 on Thursday. Ross Stores, Inc. has a one year low of $126.32 and a one year high of $242.81. The stock has a market capitalization of $72.44 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 2.48 and a beta of 0.87. The company has a 50-day simple moving average of $223.89 and a 200-day simple moving average of $211.40. 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 released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the company posted $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. On average, analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date of this dividend was 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 presently 24.86%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ROST. Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Guggenheim reiterated a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a research note on Monday, April 27th. Barclays raised their price objective on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Telsey Advisory Group boosted their price objective on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.