Saturna Capital Corp Grows Position in Ross Stores, Inc. $ROST

Saturna Capital Corp lifted its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 31.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,056 shares of the apparel retailer’s stock after purchasing an additional 2,622 shares during the quarter. Saturna Capital Corp’s holdings in Ross Stores were worth $2,395,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 140 shares during the period. Hilton Head Capital Partners LLC acquired a new position in shares of Ross Stores in the fourth quarter worth about $26,000. Bard Associates Inc. acquired a new position in shares of Ross Stores in the fourth quarter worth about $31,000. City Holding Co. boosted its stake in shares of Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new stake in shares of Ross Stores during the 4th quarter worth about $32,000. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores Stock Up 0.0%

ROST stock opened at $235.81 on Wednesday. The stock has a market capitalization of $75.64 billion, a P/E ratio of 32.93, a P/E/G ratio of 2.65 and a beta of 0.87. The firm has a 50-day simple moving average of $225.00 and a 200-day simple moving average of $212.91. 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, Inc. has a 52 week low of $133.14 and a 52 week high of $242.81.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share 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 firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $1.47 EPS. 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. Equities analysts forecast that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ROST shares. Telsey Advisory Group raised their target price on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Wall Street Zen downgraded Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Weiss Ratings reaffirmed 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 assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $233.18.

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.