Cetera Investment Advisers Grows Holdings in Ross Stores, Inc. $ROST

Cetera Investment Advisers lifted its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 4.8% during the first quarter, Holdings Channel reports. The institutional investor owned 47,651 shares of the apparel retailer’s stock after acquiring an additional 2,200 shares during the quarter. Cetera Investment Advisers’ holdings in Ross Stores were worth $10,323,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Independent Advisor Alliance boosted its stake in Ross Stores by 1.7% during the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after acquiring an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC increased its stake in shares of Ross Stores by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after purchasing an additional 55 shares in the last quarter. Florida Trust Wealth Management Co increased its stake in shares of Ross Stores by 1.7% during the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after purchasing an additional 56 shares in the last quarter. MCF Advisors LLC lifted its holdings in shares of Ross Stores by 4.6% during the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after purchasing an additional 57 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Ross Stores by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,448 shares of the apparel retailer’s stock valued at $441,000 after purchasing an additional 59 shares during the last quarter. 86.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Truist Financial upped their price target on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Citigroup lifted their price objective on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Sanford C. Bernstein reissued a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Barclays increased their target price on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $270.00 price target 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 assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $252.57 on Friday. Ross Stores, Inc. has a twelve month low of $134.37 and a twelve month high of $255.30. The firm has a market cap of $81.02 billion, a P/E ratio of 35.28, a PEG ratio of 2.83 and a beta of 0.87. The company has a 50 day moving average of $229.23 and a 200 day moving average of $215.76. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 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 business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period last year, the business posted $1.47 EPS. The company’s 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. As a group, research analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.445 per share. 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%.

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.