Copeland Capital Management LLC Reduces Stock Position in Ross Stores, Inc. $ROST

Copeland Capital Management LLC cut its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 5.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,155 shares of the apparel retailer’s stock after selling 4,965 shares during the period. Copeland Capital Management LLC’s holdings in Ross Stores were worth $17,581,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ROST shares. JPMorgan Chase & Co. upped their price target on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price objective on the stock. in a report on Tuesday, June 23rd. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Telsey Advisory Group upped their target price on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, Truist Financial increased their target price on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Up 0.3%

Ross Stores stock opened at $233.46 on Friday. Ross Stores, Inc. has a fifty-two week low of $129.48 and a fifty-two week high of $242.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The company has a market capitalization of $74.89 billion, a P/E ratio of 32.61, a PEG ratio of 2.61 and a beta of 0.87. The stock has a 50-day simple moving average of $224.21 and a 200-day simple moving average of $211.92.

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 the consensus estimate of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the business 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. Equities research analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

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

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.