Peachtree Investment Partners LLC Invests $1.84 Million in Ross Stores, Inc. $ROST

Peachtree Investment Partners LLC acquired a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,639 shares of the apparel retailer’s stock, valued at approximately $1,839,000. Ross Stores comprises approximately 0.6% of Peachtree Investment Partners LLC’s holdings, making the stock its 28th biggest position.

Other large investors have also bought and sold shares of the company. Flputnam Investment Management Co. bought a new position in shares of Ross Stores in the second quarter worth about $275,000. Global Retirement Partners LLC bought a new stake in shares of Ross Stores during the 2nd quarter valued at approximately $3,165,000. Wilkinson Global Asset Management LLC acquired a new position in Ross Stores during the 2nd quarter worth approximately $888,000. Bank of New York Mellon Corp acquired a new position in Ross Stores during the 2nd quarter worth approximately $385,441,000. Finally, Private Advisory Group LLC bought a new position in Ross Stores in the 2nd quarter valued at approximately $225,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on ROST shares. The Goldman Sachs Group restated a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Guggenheim reiterated a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a research note on Monday, April 27th. Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Truist Financial boosted their price objective on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Zacks Research cut Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Fifteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $240.00.

Ross Stores Stock Performance

Shares of ROST stock opened at $245.36 on Monday. The business’s 50 day simple moving average is $233.68 and its 200 day simple moving average is $220.42. Ross Stores, Inc. has a one year low of $143.39 and a one year high of $257.00. The stock has a market capitalization of $78.71 billion, a PE ratio of 34.27, a PEG ratio of 2.74 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. The firm 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%. The company’s revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the business earned $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. As a group, research analysts forecast that Ross Stores, Inc. will post 7.78 earnings per share for the current year.

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis 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 currently 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.