Dockside LLC Makes New $614,000 Investment in Ross Stores, Inc. $ROST

Dockside LLC bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,406 shares of the apparel retailer’s stock, valued at approximately $614,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Entropy Technologies LP bought a new stake in shares of Ross Stores during the fourth quarter worth $4,382,000. Bard Associates Inc. bought a new stake in shares of Ross Stores during the fourth quarter worth $31,000. Aigen Investment Management LP bought a new stake in shares of Ross Stores during the fourth quarter worth $1,955,000. Aptus Capital Advisors LLC grew its stake in shares of Ross Stores by 17.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 3,959 shares of the apparel retailer’s stock worth $713,000 after buying an additional 581 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of Ross Stores by 93.4% during the fourth quarter. CreativeOne Wealth LLC now owns 3,697 shares of the apparel retailer’s stock worth $666,000 after buying an additional 1,785 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.

Analysts Set New Price Targets

ROST has been the topic of a number of research reports. Guggenheim reaffirmed a “buy” rating and set a $290.00 target price on shares of Ross Stores in a research note on Monday, April 27th. Citigroup boosted their target price on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Wells Fargo & Company boosted their price objective on shares of Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Finally, Telsey Advisory Group boosted their price objective on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

Shares of Ross Stores stock opened at $240.13 on Monday. 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 $124.49 and a twelve month high of $242.81. The stock has a market cap of $77.03 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 2.70 and a beta of 0.86. The company’s fifty day moving average is $224.97 and its 200 day moving average is $204.55.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. Ross Stores’s revenue for the quarter 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. Sell-side analysts forecast that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

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

Insider Buying and Selling at Ross Stores

In related news, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total value of $3,398,371.83. Following the transaction, the chief operating officer owned 116,028 shares in the company, valued at $24,935,577.48. The trade was a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the transaction, the chief marketing officer owned 104,648 shares in the company, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.10% of the company’s stock.

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.