Wealth High Governance Capital Ltda Buys 79,896 Shares of Ross Stores, Inc. $ROST

Wealth High Governance Capital Ltda raised its stake in Ross Stores, Inc. (NASDAQ:ROST) by 1,025.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 87,691 shares of the apparel retailer’s stock after buying an additional 79,896 shares during the quarter. Ross Stores makes up about 5.7% of Wealth High Governance Capital Ltda’s investment portfolio, making the stock its 2nd largest holding. Wealth High Governance Capital Ltda’s holdings in Ross Stores were worth $18,997,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Independent Advisor Alliance grew its position in shares of Ross Stores by 1.7% during the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after acquiring an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC lifted its position in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after purchasing an additional 55 shares during the last quarter. Florida Trust Wealth Management Co boosted its stake in Ross Stores by 1.7% during the 4th quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after purchasing an additional 56 shares during the period. MCF Advisors LLC boosted its stake in Ross Stores by 4.6% during the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after purchasing an additional 57 shares during the period. Finally, Caxton Associates LLP grew its position in Ross Stores by 4.3% in the 1st quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock worth $308,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ROST shares. Sanford C. Bernstein restated a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. boosted their price objective on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Wall Street Zen cut Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Truist Financial lifted their target price on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Barclays boosted their price target on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Price Performance

NASDAQ:ROST opened at $251.07 on Monday. The business’s 50-day moving average price is $229.56 and its 200 day moving average price is $216.17. The firm has a market cap of $80.54 billion, a P/E ratio of 35.07, a PEG ratio of 2.82 and a beta of 0.86. Ross Stores, Inc. has a 52-week low of $134.37 and a 52-week high of $255.30. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping 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 firm had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the business earned $1.47 earnings per share. Ross Stores’s revenue for the quarter was up 20.6% compared to the same quarter last year. 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, sell-side analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.445 dividend. 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 presently 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.