Ross Stores, Inc. $ROST Shares Bought by Groupama Asset Managment

Groupama Asset Managment lifted its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 85.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,691 shares of the apparel retailer’s stock after purchasing an additional 2,161 shares during the quarter. Groupama Asset Managment’s holdings in Ross Stores were worth $1,016,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank acquired a new position in Ross Stores during the 4th quarter valued at about $868,360,000. Marshall Wace LLP lifted its stake in shares of Ross Stores by 1,908.8% in the 3rd quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock worth $276,857,000 after acquiring an additional 1,726,324 shares during the period. Bank of America Corp DE boosted its holdings in shares of Ross Stores by 20.9% in the second quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock valued at $1,222,523,000 after acquiring an additional 1,657,008 shares in the last quarter. Viking Global Investors LP boosted its holdings in shares of Ross Stores by 56.5% in the fourth quarter. Viking Global Investors LP now owns 3,167,479 shares of the apparel retailer’s stock valued at $570,590,000 after acquiring an additional 1,143,611 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new position in shares of Ross Stores in the fourth quarter valued at approximately $204,750,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

ROST has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Truist Financial lifted their price target on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Wall Street Zen downgraded Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Ross Stores Stock Performance

Shares of ROST opened at $251.07 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The firm’s 50 day moving average is $229.56 and its 200-day moving average is $216.00. Ross Stores, Inc. has a 12-month low of $134.37 and a 12-month high of $255.30. The stock has a market capitalization of $80.54 billion, a P/E ratio of 35.07, a P/E/G ratio of 2.82 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating 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 business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the business earned $1.47 earnings per share. The business’s quarterly revenue 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. Equities research analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. Ross Stores’s dividend payout ratio 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.