Churchill Financial Advisors LLC Invests $667,000 in Ross Stores, Inc. $ROST

Churchill Financial Advisors LLC purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,700 shares of the apparel retailer’s stock, valued at approximately $667,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ROST. Woodline Partners LP grew its holdings in shares of Ross Stores by 39.9% during the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after buying an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Ross Stores by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after purchasing an additional 117 shares during the period. NewEdge Advisors LLC grew its holdings in Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after purchasing an additional 2,792 shares during the period. Treasurer of the State of North Carolina grew its holdings in Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after purchasing an additional 1,508 shares during the period. Finally, Main Street Financial Solutions LLC grew its holdings in Ross Stores by 2.2% in the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock valued at $1,605,000 after purchasing an additional 265 shares during the period. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Ross Stores Price Performance

ROST opened at $234.81 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 0.16. Ross Stores, Inc. has a 52-week low of $124.49 and a 52-week high of $235.80. The company has a 50 day moving average of $219.06 and a two-hundred day moving average of $197.30. The company has a market cap of $75.64 billion, a P/E ratio of 32.79, a P/E/G ratio of 3.11 and a beta of 0.87.

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 39.02%. 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, analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s payout ratio is currently 24.86%.

Insiders Place Their Bets

In other Ross Stores news, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the sale, the chief marketing officer directly owned 104,648 shares in the company, valued at $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the sale, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,756 shares of company stock worth $5,521,004 over the last ninety days. 2.10% of the stock is owned by company insiders.

Key Headlines Impacting Ross Stores

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

• Positive Sentiment: Ross Stores reported Q1 EPS of $2.02, easily topping estimates, while revenue of $6.01 billion also exceeded forecasts; same-store sales jumped 17% and revenue rose 20.6% year over year. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
• Positive Sentiment: The company raised full-year EPS guidance to $7.50-$7.74 and increased its comparable-sales outlook to 6%-7%, signaling continued momentum after a strong quarter. Ross Stores Lifts Outlook as Sales Jump
• Positive Sentiment: Analysts turned more bullish after the beat, with Citigroup lifting its price target to $270 and other firms raising forecasts, reinforcing the post-earnings rally. These Analysts Boost Their Forecasts On Ross Stores After Better-Than-Expected Q1 Results
• Positive Sentiment: Multiple market commentaries highlighted Ross Stores as a beneficiary of consumer demand for value and noted the stock hitting a 52-week high after the earnings release. Why Ross Stores Stock Climbed Today

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ROST. Guggenheim restated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Citigroup boosted their target price on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday. Zacks Research downgraded shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday. Finally, Wells Fargo & Company boosted their target price on shares of Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a report on Friday. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $230.88.

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.