2,223 Shares in Ross Stores, Inc. $ROST Acquired by Sapient Capital LLC

Sapient Capital LLC purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,223 shares of the apparel retailer’s stock, valued at approximately $482,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Ross Stores by 0.7% during 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 20.9% in the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after purchasing an additional 1,657,008 shares in the last quarter. Morgan Stanley raised its stake in Ross Stores by 1.5% in the 4th quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock worth $979,384,000 after purchasing an additional 79,519 shares in the last quarter. Norges Bank bought a new stake in Ross Stores in the 4th quarter valued at about $868,360,000. Finally, Viking Global Investors LP grew its position in shares of Ross Stores by 9.9% during the 2nd quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock worth $605,704,000 after purchasing an additional 426,370 shares in the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on ROST. Guggenheim reaffirmed a “buy” rating and set a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Citigroup lifted their price objective on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Telsey Advisory Group upped their target price on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Finally, UBS Group restated a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Stock Performance

Ross Stores stock opened at $251.06 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The stock has a market cap of $80.54 billion, a PE ratio of 35.06, a P/E/G ratio of 2.84 and a beta of 0.86. Ross Stores, Inc. has a 12-month low of $140.71 and a 12-month high of $257.00. The business’s 50-day moving average price is $230.25 and its two-hundred day moving average price is $217.01.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $5.64 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. 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. As a group, analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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

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.