26,000 Shares in Ross Stores, Inc. $ROST Acquired by Crown Advisors Management Inc.

Crown Advisors Management Inc. acquired a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 26,000 shares of the apparel retailer’s stock, valued at approximately $5,534,000. Ross Stores accounts for 3.0% of Crown Advisors Management Inc.’s investment portfolio, making the stock its 9th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new stake in shares of Ross Stores in the 4th quarter worth $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores during the fourth quarter valued at $31,000. Virtus Advisers LLC purchased a new position in shares of Ross Stores during the fourth quarter valued at $32,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Ross Stores in the fourth quarter valued at about $38,000. Finally, Salomon & Ludwin LLC raised its holdings 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 valued at $42,000 after acquiring an additional 105 shares in the last quarter. 86.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on ROST. JPMorgan Chase & Co. increased their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Morgan Stanley set a $231.00 price target on shares of Ross Stores in a report on Wednesday, August 5th. Barclays upped their price target on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Citigroup lifted their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Fifteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $240.00.

Ross Stores Price Performance

Shares of ROST opened at $245.36 on Monday. The company has a 50 day moving average of $233.68 and a two-hundred day moving average of $220.42. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a twelve month low of $143.39 and a twelve month high of $257.00. The company has a market cap of $78.71 billion, a price-to-earnings ratio of 34.27, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last issued its quarterly 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. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the prior year, the firm posted $1.47 earnings per share. 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. As a group, analysts predict that Ross Stores, Inc. will post 7.78 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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

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.