Hahn Capital Management LLC Sells 7,923 Shares of Ross Stores, Inc. $ROST

Hahn Capital Management LLC lessened its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 32.2% in the first quarter, Holdings Channel reports. The fund owned 16,714 shares of the apparel retailer’s stock after selling 7,923 shares during the quarter. Ross Stores comprises 2.3% of Hahn Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Hahn Capital Management LLC’s holdings in Ross Stores were worth $3,621,000 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 Ross Stores by 7,000.0% in 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 during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Ross Stores during the 4th quarter valued at about $26,000. Bard Associates Inc. purchased a new stake in shares of Ross Stores during the 4th quarter valued at about $31,000. City Holding Co. lifted its stake in shares of Ross Stores by 1,080.0% in the 4th 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 bought a new position in shares of Ross Stores in the 4th quarter worth approximately $32,000. Institutional investors own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

ROST has been the subject of several recent research reports. Sanford C. Bernstein restated a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Telsey Advisory Group lifted their price target on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. 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 MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

Shares of NASDAQ ROST opened at $233.46 on Monday. The stock has a market cap of $74.89 billion, a PE ratio of 32.61, a price-to-earnings-growth ratio of 2.62 and a beta of 0.87. Ross Stores, Inc. has a 1 year low of $129.48 and a 1 year high of $242.81. The firm has a fifty day moving average price of $224.21 and a 200-day moving average price of $212.14. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the firm posted $1.47 EPS. Ross Stores’s quarterly 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 anticipate that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid 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 dividend payout ratio is 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.