Reflection Asset Management Purchases Shares of 6,078 Ross Stores, Inc. $ROST

Reflection Asset Management purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,078 shares of the apparel retailer’s stock, valued at approximately $1,095,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Ross Stores by 7,000.0% in 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 in the last quarter. Hilton Head Capital Partners LLC acquired a new position in Ross Stores during the fourth quarter worth $26,000. Bard Associates Inc. bought a new stake in Ross Stores during the fourth quarter worth $31,000. City Holding Co. raised its position in Ross Stores by 1,080.0% during the fourth 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 bought a new stake in Ross Stores during the fourth quarter worth $32,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Performance

ROST stock opened at $232.80 on Friday. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $242.81. The stock has a market cap of $74.68 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. The company has a fifty day moving average price of $226.33 and a two-hundred day moving average price of $206.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last posted its 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 company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. Ross Stores’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.47 EPS. 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 anticipate that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently commented on ROST shares. Guggenheim reissued a “buy” rating and issued a $290.00 price objective on shares of Ross Stores in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. JPMorgan Chase & Co. lifted their price target on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. The Goldman Sachs Group reissued a “buy” rating and set a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Wells Fargo & Company upped their price objective on Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Insider Activity at Ross Stores

In other news, COO Michael J. Hartshorn sold 15,813 shares of the 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 transaction, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the sale, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company’s stock.

Ross Stores 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.