Boston Trust Walden Corp Reduces Position in Ross Stores, Inc. $ROST

Boston Trust Walden Corp decreased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 12.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 481,674 shares of the apparel retailer’s stock after selling 69,373 shares during the quarter. Ross Stores comprises 0.9% of Boston Trust Walden Corp’s holdings, making the stock its 18th biggest position. Boston Trust Walden Corp’s holdings in Ross Stores were worth $104,345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Ethic Inc. lifted its position in Ross Stores by 25.6% during the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after acquiring an additional 4,847 shares during the period. Financial Planning Hawaii Inc. purchased a new position in shares of Ross Stores in the fourth quarter worth about $1,542,000. CWM LLC lifted its holdings in shares of Ross Stores by 61.1% during the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock worth $8,114,000 after purchasing an additional 17,090 shares during the period. National Pension Service lifted its holdings in shares of Ross Stores by 138.4% during the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after purchasing an additional 754,816 shares during the period. Finally, NewEdge Wealth LLC increased its holdings in Ross Stores by 99.5% in the 4th quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock worth $2,656,000 after buying an additional 7,353 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Trading Up 0.7%

Ross Stores stock opened at $213.43 on Friday. 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 $126.32 and a 12 month high of $242.81. The stock’s 50 day simple moving average is $225.36 and its two-hundred day simple moving average is $209.07. The firm has a market cap of $68.46 billion, a PE ratio of 29.81, a P/E/G ratio of 2.38 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the firm earned $1.47 EPS. The business’s quarterly revenue was up 20.6% on a year-over-year basis. 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 anticipate that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s payout ratio is presently 24.86%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ROST shares. Guggenheim reissued a “buy” rating and set a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. Sanford C. Bernstein reiterated 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 reissued a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Barclays boosted their target price on shares of Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Finally, Wall Street Zen lowered shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

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.