Bryn Mawr Trust Advisors LLC bought a new stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,637 shares of the apparel retailer’s stock, valued at approximately $1,413,000.
A number of other institutional investors have also recently made changes to their positions in ROST. Cooper Financial Group increased its holdings in Ross Stores by 2.8% in the 2nd quarter. Cooper Financial Group now owns 1,919 shares of the apparel retailer’s stock worth $409,000 after acquiring an additional 52 shares during the last quarter. Independent Advisor Alliance lifted its holdings in Ross Stores by 1.7% during the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock valued at $596,000 after purchasing an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC boosted its position in Ross Stores by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after purchasing an additional 55 shares during the period. MCF Advisors LLC boosted its position in Ross Stores by 4.6% during the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after purchasing an additional 57 shares during the period. Finally, Caxton Associates LLP increased its stake in shares of Ross Stores by 4.3% in the first quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock worth $308,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.
Wall Street Analysts Forecast Growth
ROST has been the topic of several research reports. Truist Financial boosted their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Citigroup raised their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. Wells Fargo & Company cut 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, Telsey Advisory Group increased their target price on Ross Stores from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $240.00.
Ross Stores Trading Up 0.2%
Shares of ROST opened at $245.36 on Friday. Ross Stores, Inc. has a twelve month low of $143.39 and a twelve month high of $257.00. The stock has a market cap of $78.71 billion, a PE ratio of 34.27, a P/E/G ratio of 2.74 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. The business’s 50-day moving average price is $233.68 and its 200-day moving average price is $220.19.
Ross Stores (NASDAQ:ROST – Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. Ross Stores’s revenue was up 20.6% compared to the same quarter last year. During the same period last year, the business earned $1.47 earnings per share. 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, equities analysts forecast that Ross Stores, Inc. will post 7.77 EPS for the current fiscal year.
Ross Stores Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s payout ratio is 24.86%.
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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