Ross Stores, Inc. $ROST Stake Lifted by Czech National Bank

Czech National Bank lifted its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,696 shares of the apparel retailer’s stock after acquiring an additional 3,607 shares during the quarter. Czech National Bank’s holdings in Ross Stores were worth $19,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROST. State Street Corp boosted its stake in Ross Stores by 0.7% during the 4th quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock valued at $2,506,099,000 after purchasing an additional 99,975 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Ross Stores by 20.9% in the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after buying an additional 1,657,008 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Ross Stores by 1.5% in the fourth quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock valued at $979,384,000 after buying an additional 79,519 shares during the period. Norges Bank acquired a new stake in shares of Ross Stores in the fourth quarter valued at $868,360,000. Finally, Viking Global Investors LP boosted its stake in Ross Stores by 9.9% during the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock valued at $605,704,000 after buying an additional 426,370 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Ross Stores Price Performance

NASDAQ ROST opened at $255.23 on Friday. The stock’s 50-day moving average price is $231.66 and its two-hundred day moving average price is $218.12. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The company has a market cap of $81.87 billion, a PE ratio of 35.65, a PEG ratio of 2.85 and a beta of 0.86. Ross Stores, Inc. has a 1 year low of $143.39 and a 1 year high of $257.00.

Ross Stores (NASDAQ:ROST) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS 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 during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period last year, the company posted $1.47 earnings per share. The business’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. On average, analysts predict that Ross Stores, Inc. will post 7.76 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were given a dividend of $0.445 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores’s payout ratio is presently 24.86%.

Analyst Upgrades and Downgrades

ROST has been the topic of several research reports. Telsey Advisory Group boosted their price target on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Morgan Stanley set a $231.00 price objective on shares of Ross Stores in a research report on Wednesday. Truist Financial lifted their price objective on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Wells Fargo & Company downgraded shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price on the stock. in a report on Tuesday, June 23rd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $270.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.12.

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.