California State Teachers Retirement System Sells 13,233 Shares of Ross Stores, Inc. $ROST

California State Teachers Retirement System lowered its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 2.7% during the first quarter, HoldingsChannel reports. The firm owned 471,301 shares of the apparel retailer’s stock after selling 13,233 shares during the quarter. California State Teachers Retirement System’s holdings in Ross Stores were worth $102,098,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in 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 buying an additional 140 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of Ross Stores during the fourth quarter worth $26,000. Bard Associates Inc. bought a new stake in Ross Stores in the 4th quarter valued at $31,000. City Holding Co. boosted its stake in 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 Ross Stores during the 4th quarter worth about $32,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROST has been the subject of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. 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. Barclays boosted their price target on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. One 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Up 0.4%

Ross Stores stock opened at $251.96 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The company’s 50-day moving average is $228.53 and its 200-day moving average is $215.33. The firm has a market capitalization of $80.82 billion, a PE ratio of 35.19, a P/E/G ratio of 2.81 and a beta of 0.87. Ross Stores, Inc. has a fifty-two week low of $134.37 and a fifty-two week high of $255.30.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the company earned $1.47 earnings per share. The business’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. Sell-side analysts anticipate that Ross Stores, Inc. will post 7.76 earnings per share for the current year.

Ross Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s dividend payout ratio (DPR) is 24.86%.

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.