State of Wyoming Buys New Position in Ross Stores, Inc. $ROST

State of Wyoming purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the second quarter, HoldingsChannel.com reports. The firm purchased 3,679 shares of the apparel retailer’s stock, valued at approximately $783,000.

Several other institutional investors have also added to or reduced their stakes in ROST. ABN AMRO Bank N.V. acquired a new position in shares of Ross Stores during the second quarter valued at about $1,254,000. GSA Capital Partners LLP acquired a new stake in Ross Stores in the 2nd quarter worth approximately $2,353,000. One Wealth Advisors LLC purchased a new stake in Ross Stores during the 2nd quarter worth approximately $272,000. Maridea Wealth Management LLC purchased a new stake in Ross Stores during the 2nd quarter worth approximately $318,000. Finally, Bridgewater Advisors Inc. acquired a new position in Ross Stores during the 2nd quarter valued at approximately $226,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Wall Street Analysts Forecast Growth

ROST has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Morgan Stanley set a $231.00 target price on Ross Stores in a research note on Wednesday, August 5th. Wells Fargo & Company lowered Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a research note on Tuesday, June 23rd. Finally, Citigroup lifted their price target on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

Ross Stores Stock Performance

ROST opened at $245.36 on Monday. 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, Inc. has a 12-month low of $143.39 and a 12-month high of $257.00. The firm has a 50 day moving average of $233.68 and a two-hundred day moving average of $220.42. The firm has a market capitalization of $78.71 billion, a PE ratio of 34.27, a P/E/G ratio of 2.74 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior year, the firm earned $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. On average, analysts anticipate that Ross Stores, Inc. will post 7.78 EPS for the current year.

Ross Stores Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. This represents a $1.78 annualized dividend and a 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%.

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.