Maloon Powers Pitre Higgins & Dennehy LLC Invests $681,000 in Ross Stores, Inc. $ROST

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,201 shares of the apparel retailer’s stock, valued at approximately $681,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Woodline Partners LP increased its holdings in Ross Stores by 39.9% in the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after buying an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Ross Stores by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after acquiring an additional 117 shares in the last quarter. NewEdge Advisors LLC grew its holdings 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 period. Treasurer of the State of North Carolina grew its holdings 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 period. Finally, Main Street Financial Solutions LLC increased its stake in Ross Stores by 2.2% in the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ROST. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Jefferies Financial Group raised their price target on Ross Stores from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, August 21st. Evercore set a $290.00 price objective on shares of Ross Stores in a research report on Friday, August 21st. Robert W. Baird increased their price objective on shares of Ross Stores from $250.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Finally, Zacks Research downgraded shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Ross Stores presently has an average rating of “Moderate Buy” and an average target price of $263.76.

More Ross Stores News

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

• Positive Sentiment: Zacks raised its earnings forecasts across multiple future periods. Estimates increased for Q3 2027 through Q4 2028, Q1 2029, and FY2028. The FY2028 EPS forecast rose to $8.84 from $8.33, while the Q4 2028 estimate increased to $2.48 from $2.34. These revisions suggest analysts see better-than-expected earnings potential for Ross Stores. MarketBeat Ross Stores analyst estimates
• Positive Sentiment: Recent operating results provide support for the bullish estimate revisions. In its latest reported quarter, Ross Stores generated $6.26 billion in revenue, up 13.3% year over year, and posted $2.66 in EPS versus the $1.95 consensus estimate. The earnings beat and strong revenue growth indicate continued resilience in the off-price retail model.
• Neutral Sentiment: Zacks maintained a “Hold” rating. Although its forecasts improved, the unchanged rating signals that the analyst does not yet see enough risk-adjusted upside to recommend buying the shares. The current full-year EPS consensus remains $8.15. Zacks Ross Stores growth stock analysis
• Neutral Sentiment: The Q2 2026 earnings call transcript offers additional management commentary on sales trends, margins, inventory, store expansion and the outlook, but no specific new guidance details are provided in the article listing. Ross Stores Q2 2026 earnings call transcript
• Negative Sentiment: Valuation and limited analyst conviction remain headwinds. Ross Stores trades at roughly 28 times earnings, while its shares are below the 50-day moving average. With Zacks still at Hold and no fresh near-term catalyst, investors may be taking profits after the strong earnings performance.

Ross Stores Stock Performance

Ross Stores stock opened at $230.69 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.98 and a current ratio of 1.61. The stock has a fifty day moving average of $234.52 and a two-hundred day moving average of $224.71. The company has a market capitalization of $73.69 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.95 and a beta of 0.85. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.71. The business had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.16 billion. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%.The business’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.56 earnings per share. On average, analysts anticipate that Ross Stores, Inc. will post 8.15 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ross Stores’s dividend payout ratio (DPR) is currently 21.55%.

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.