TD Asset Management Inc Sells 96,118 Shares of Ross Stores, Inc. $ROST

TD Asset Management Inc lowered its stake in Ross Stores, Inc. (NASDAQ:ROST) by 23.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 318,900 shares of the apparel retailer’s stock after selling 96,118 shares during the period. TD Asset Management Inc’s holdings in Ross Stores were worth $57,447,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ethic Inc. lifted its stake in Ross Stores by 25.6% during the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after purchasing an additional 4,847 shares during the period. GSA Capital Partners LLP bought a new position in Ross Stores during the third quarter worth about $1,411,000. Financial Planning Hawaii Inc. bought a new position in Ross Stores during the fourth quarter worth about $1,542,000. Amica Mutual Insurance Co. bought a new position in Ross Stores during the third quarter worth about $4,790,000. Finally, Lansforsakringar Fondforvaltning AB publ lifted its stake in Ross Stores by 7.1% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 104,406 shares of the apparel retailer’s stock worth $15,910,000 after purchasing an additional 6,941 shares during the period. Institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Performance

NASDAQ:ROST opened at $230.37 on Friday. Ross Stores, Inc. has a 1 year low of $124.49 and a 1 year high of $237.41. The firm has a 50 day moving average of $223.03 and a 200-day moving average of $201.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $73.90 billion, a P/E ratio of 32.17, a price-to-earnings-growth ratio of 2.62 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating 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 company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. 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. As a group, sell-side analysts anticipate that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s payout ratio is 24.86%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ROST. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $257.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Wells Fargo & Company raised their price target on shares of Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded shares of Ross Stores from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Telsey Advisory Group raised 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. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Key Stories Impacting Ross Stores

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Zacks Research increased several EPS forecasts for Ross Stores, signaling improved profit expectations across 2027-2029. Buy 5 Stocks With High ROE as Markets Swing on War Skirmishes
• Positive Sentiment: The stock is being highlighted as a high-ROE, cash-generating retailer, which can attract investors looking for quality and stability during market volatility. Buy 5 Stocks With High ROE as Markets Swing on War Skirmishes
• Positive Sentiment: Ross Stores recently beat quarterly expectations, reporting EPS and revenue above estimates, which reinforces confidence in its operating momentum.
• Neutral Sentiment: Recent articles question how the investment narrative is evolving and compare Ross Stores with peers like Ollie’s Bargain Outlet, but these pieces are more commentary than new company-specific catalysts. How The Ross Stores (ROST) Investment Narrative Is Evolving Without New Analyst Targets
• Neutral Sentiment: Coverage also notes Ross Stores is outperforming the consumer discretionary sector, but this mainly reflects relative strength already supported by analyst optimism. Ross Stores Stock: Is ROST Outperforming the Consumer Discretionary Sector?

Insider Activity

In related news, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $213.13, for a total value of $400,897.53. Following the completion of the sale, the director owned 2,159 shares of the company’s stock, valued at $460,147.67. This trade represents a 46.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the completion of the sale, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 25,756 shares of company stock worth $5,521,004. Insiders own 2.10% of the company’s stock.

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.