Ross Stores, Inc. $ROST Shares Acquired by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab grew its stake in Ross Stores, Inc. (NASDAQ:ROST) by 10.0% in the second quarter, Holdings Channel.com reports. The firm owned 89,768 shares of the apparel retailer’s stock after acquiring an additional 8,124 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Ross Stores were worth $19,107,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Woodline Partners LP lifted its position in Ross Stores by 39.9% during the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after buying an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Ross Stores by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after buying an additional 117 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Ross Stores by 35.8% in the 2nd quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after acquiring an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Ross Stores by 1.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock worth $19,200,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Ross Stores by 2.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after acquiring an additional 265 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

ROST has been the topic of several recent research reports. Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Guggenheim restated a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research report on Monday, April 27th. Telsey Advisory Group lifted their target price 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. JPMorgan Chase & Co. boosted their target price on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price target for the company. in a research note on Tuesday, June 23rd. Fifteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $239.12.

Ross Stores Price Performance

NASDAQ:ROST opened at $255.23 on Friday. Ross Stores, Inc. has a 52 week low of $143.39 and a 52 week high of $257.00. The stock’s fifty day moving average is $231.66 and its two-hundred day moving average is $218.12. The company has a market capitalization of $81.87 billion, a P/E ratio of 35.65, a P/E/G ratio of 2.85 and a beta of 0.86. 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 (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.47 EPS. 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. Equities analysts expect that Ross Stores, Inc. will post 7.76 EPS for the current year.

Ross Stores Announces Dividend

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