Jones Financial Companies Lllp Has $11.34 Million Holdings in Ross Stores, Inc. $ROST

Jones Financial Companies Lllp increased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 7.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 74,859 shares of the apparel retailer’s stock after acquiring an additional 5,352 shares during the period. Jones Financial Companies Lllp’s holdings in Ross Stores were worth $11,343,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Aspect Partners LLC lifted its holdings in shares of Ross Stores by 251.7% during the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 146 shares during the period. American National Bank & Trust acquired a new stake in shares of Ross Stores during the 3rd quarter worth about $26,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Ross Stores during the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Ross Stores by 162.6% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock valued at $36,000 after purchasing an additional 148 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Ross Stores in the second quarter valued at about $38,000. 86.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ROST. Guggenheim raised shares of Ross Stores to a “strong-buy” rating in a report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft set a $221.00 price target on Ross Stores in a research report on Thursday, January 8th. UBS Group lifted their price objective on Ross Stores from $169.00 to $181.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Citigroup increased their target price on Ross Stores from $171.00 to $188.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Finally, Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Ross Stores in a research note on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $186.41.

Ross Stores Stock Performance

Shares of NASDAQ:ROST opened at $189.27 on Thursday. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. Ross Stores, Inc. has a 1-year low of $122.36 and a 1-year high of $194.92. The stock has a market capitalization of $61.22 billion, a P/E ratio of 29.57, a P/E/G ratio of 3.31 and a beta of 0.99. The business has a 50-day moving average price of $184.53 and a two-hundred day moving average price of $163.27.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.20. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The business had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.38 billion. During the same period in the previous year, the firm posted $1.48 earnings per share. Ross Stores’s revenue for the quarter was up 10.4% compared to the same quarter last year. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. Equities analysts predict that Ross Stores, Inc. will post 6.17 earnings per share for the current year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th were paid a $0.405 dividend. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 0.9%. Ross Stores’s dividend payout ratio is 25.31%.

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.