Raiffeisen Bank International AG increased its position in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 3,107.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 10,744 shares of the apparel retailer’s stock after buying an additional 10,409 shares during the period. Raiffeisen Bank International AG’s holdings in Ross Stores were worth $2,244,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of ROST. Ethic Inc. grew its holdings in Ross Stores by 25.6% in the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after purchasing an additional 4,847 shares during the period. National Pension Service raised its holdings in shares of Ross Stores by 138.4% during the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock valued at $234,192,000 after purchasing an additional 754,816 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in shares of Ross Stores during the fourth quarter valued at about $204,750,000. NewEdge Wealth LLC boosted its position in shares of Ross Stores by 99.5% during the 4th quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock worth $2,656,000 after purchasing an additional 7,353 shares in the last quarter. Finally, Jefferies Financial Group Inc. boosted its position in shares of Ross Stores by 744.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 211,676 shares of the apparel retailer’s stock worth $38,131,000 after purchasing an additional 186,619 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.
Ross Stores Trading Down 0.4%
ROST opened at $230.69 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.61 and a quick ratio of 0.98. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00. The firm has a market capitalization of $73.69 billion, a PE ratio of 27.93, a P/E/G ratio of 1.95 and a beta of 0.85. The company’s 50-day moving average is $234.52 and its 200 day moving average is $224.71.
Ross Stores Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is 21.55%.
Analyst Upgrades and Downgrades
A number of analysts recently commented on ROST shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Barclays increased their price target on Ross Stores from $260.00 to $298.00 and gave the stock an “overweight” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $294.00 price objective on shares of Ross Stores in a research note on Friday, August 21st. JPMorgan Chase & Co. upped their target price on Ross Stores from $262.00 to $272.00 and gave the stock an “overweight” rating in a research report on Friday, August 21st. Finally, Sanford C. Bernstein increased their target price on Ross Stores from $230.00 to $240.00 and gave the stock a “market perform” rating in a report on Friday, August 21st. Fifteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $263.76.
View Our Latest Report on ROST
Key Ross Stores News
Here are the key news stories impacting Ross Stores this week:
- Positive Sentiment: Zacks raised its earnings forecasts across multiple future periods. Estimates increased for Q3 2027 through Q4 2028, Q1 2029, and FY2028. The FY2028 EPS forecast rose to $8.84 from $8.33, while the Q4 2028 estimate increased to $2.48 from $2.34. These revisions suggest analysts see better-than-expected earnings potential for Ross Stores. MarketBeat Ross Stores analyst estimates
- Positive Sentiment: Recent operating results provide support for the bullish estimate revisions. In its latest reported quarter, Ross Stores generated $6.26 billion in revenue, up 13.3% year over year, and posted $2.66 in EPS versus the $1.95 consensus estimate. The earnings beat and strong revenue growth indicate continued resilience in the off-price retail model.
- Neutral Sentiment: Zacks maintained a “Hold” rating. Although its forecasts improved, the unchanged rating signals that the analyst does not yet see enough risk-adjusted upside to recommend buying the shares. The current full-year EPS consensus remains $8.15. Zacks Ross Stores growth stock analysis
- Neutral Sentiment: The Q2 2026 earnings call transcript offers additional management commentary on sales trends, margins, inventory, store expansion and the outlook, but no specific new guidance details are provided in the article listing. Ross Stores Q2 2026 earnings call transcript
- Negative Sentiment: Valuation and limited analyst conviction remain headwinds. Ross Stores trades at roughly 28 times earnings, while its shares are below the 50-day moving average. With Zacks still at Hold and no fresh near-term catalyst, investors may be taking profits after the strong earnings performance.
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.
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