OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,500 Shares of Ross Stores, Inc. $ROST

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 33.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,000 shares of the apparel retailer’s stock after selling 2,500 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ross Stores were worth $901,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. State Street Corp raised its stake in Ross Stores by 0.7% in the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock worth $2,506,099,000 after buying an additional 99,975 shares in the last quarter. Bank of America Corp DE raised its stake in Ross Stores by 1.9% in the third quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock worth $1,487,720,000 after buying an additional 180,182 shares in the last quarter. Morgan Stanley raised its stake in Ross Stores by 1.5% in the fourth quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock worth $979,384,000 after buying an additional 79,519 shares in the last quarter. Norges Bank bought a new position in Ross Stores in the fourth quarter worth approximately $868,360,000. Finally, Viking Global Investors LP raised its stake in Ross Stores by 9.9% in the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock worth $605,704,000 after buying an additional 426,370 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Performance

Shares of ROST stock opened at $236.77 on Tuesday. The business’s fifty day simple moving average is $225.30 and its 200-day simple moving average is $204.97. The company has a market cap of $75.95 billion, a PE ratio of 33.07, a PEG ratio of 2.70 and a beta of 0.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 12-month low of $124.49 and a 12-month 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 (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 38.42% and a net margin of 9.74%.The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.47 earnings per share. 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. Analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

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

Insider Buying and Selling at Ross Stores

In related news, COO Michael J. Hartshorn sold 15,813 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at $24,935,577.48. This represents a 11.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the transaction, the chief marketing officer directly owned 104,648 shares in the company, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ROST has been the subject of a number of recent research reports. Sanford C. Bernstein reissued a “market perform” rating and issued a $230.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. Barclays upped their price target on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company upped their price target on Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and a consensus price target 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.