Vise Technologies Inc. Invests $3.57 Million in Ross Stores, Inc. $ROST

Vise Technologies Inc. purchased a new position in Ross Stores, Inc. (NASDAQ:ROST) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,791 shares of the apparel retailer’s stock, valued at approximately $3,574,000.

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

Ross Stores Price Performance

ROST stock opened at $239.04 on Friday. The firm has a 50 day moving average of $233.81 and a 200-day moving average of $221.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 12 month low of $143.39 and a 12 month high of $257.00. The firm has a market capitalization of $76.68 billion, a P/E ratio of 28.94, a price-to-earnings-growth ratio of 2.30 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.71. The business had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.16 billion. Ross Stores had a net margin of 10.85% and a return on equity of 40.28%. Ross Stores’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 EPS. As a group, sell-side analysts predict that Ross Stores, Inc. will post 7.81 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be 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 is Tuesday, September 8th. Ross Stores’s payout ratio is 21.55%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ROST shares. Evercore set a $290.00 target price on Ross Stores in a research report on Friday. Truist Financial upped their price target on Ross Stores from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Company increased their price target on Ross Stores from $245.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Friday. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Finally, Jefferies Financial Group lifted their price objective on Ross Stores from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Friday. Fifteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and a consensus price target of $263.76.

More Ross Stores News

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

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.