11,057 Shares in Ross Stores, Inc. $ROST Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the second quarter, HoldingsChannel.com reports. The firm bought 11,057 shares of the apparel retailer’s stock, valued at approximately $2,353,000.

Several other institutional investors have also recently added to or reduced their stakes in ROST. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores during the fourth quarter worth approximately $26,000. Bard Associates Inc. purchased a new position in Ross Stores during the fourth quarter worth about $31,000. Virtus Advisers LLC purchased a new position in shares of Ross Stores during the 4th quarter worth about $32,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Ross Stores during the 4th quarter worth about $38,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Ross Stores by 89.0% in the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after acquiring an additional 105 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Trading Up 0.2%

NASDAQ ROST opened at $245.36 on Friday. The firm has a market capitalization of $78.71 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 2.74 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. Ross Stores, Inc. has a one year low of $143.39 and a one year high of $257.00. The company’s 50 day moving average price is $233.68 and its 200 day moving average price is $220.19.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping 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 company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. Ross Stores’s revenue for the quarter 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. On average, sell-side analysts predict that Ross Stores, Inc. will post 7.78 EPS for the current year.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were given a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s dividend payout ratio is 24.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ROST shares. Wall Street Zen downgraded shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Barclays increased their price target on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Zacks Research cut shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $240.00.

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.