Lido Advisors LLC Boosts Stock Position in Ross Stores, Inc. $ROST

Lido Advisors LLC raised its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 19.5% 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 13,531 shares of the apparel retailer’s stock after buying an additional 2,204 shares during the period. Lido Advisors LLC’s holdings in Ross Stores were worth $2,932,000 as of its most recent SEC filing.

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

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $238.89 on Friday. The stock has a market cap of $76.63 billion, a P/E ratio of 33.36, a P/E/G ratio of 2.68 and a beta of 0.87. Ross Stores, Inc. has a twelve month low of $134.37 and a twelve month high of $242.81. The stock has a 50 day moving average of $226.43 and a two-hundred day moving average of $213.85. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last announced its 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the firm posted $1.47 earnings per share. The company’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, research analysts forecast that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The firm 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. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Ratings Changes

A number of analysts have weighed in on ROST shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Wall Street Zen downgraded shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. 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 note on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given 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 a consensus target price of $233.18.

Ross Stores 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.