Flossbach Von Storch SE Has $17.68 Million Stock Holdings in Ross Stores, Inc. $ROST

Flossbach Von Storch SE grew its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 7.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,042 shares of the apparel retailer’s stock after purchasing an additional 7,927 shares during the period. Flossbach Von Storch SE’s holdings in Ross Stores were worth $17,684,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROST. Aspect Partners LLC increased its position in Ross Stores by 251.7% in the 2nd quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 146 shares in the last quarter. American National Bank & Trust acquired a new stake in Ross Stores in the third quarter valued at approximately $26,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Ross Stores during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Ross Stores by 162.6% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Ross Stores during the second quarter worth approximately $38,000. Institutional investors own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Telsey Advisory Group lifted their price target on shares of Ross Stores from $160.00 to $175.00 and gave the company a “market perform” rating in a research report on Friday, November 21st. Citigroup lifted their price objective on shares of Ross Stores from $171.00 to $188.00 and gave the company a “buy” rating in a report on Friday, November 21st. Deutsche Bank Aktiengesellschaft set a $221.00 target price on shares of Ross Stores in a report on Thursday, January 8th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $170.00 price target on shares of Ross Stores in a research report on Tuesday, January 6th. Finally, BTIG Research started coverage on Ross Stores in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $186.41.

Ross Stores Stock Up 0.0%

Ross Stores stock opened at $186.04 on Thursday. Ross Stores, Inc. has a fifty-two week low of $122.36 and a fifty-two week high of $194.92. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.90 and a current ratio of 1.52. The firm’s 50-day simple moving average is $182.87 and its 200 day simple moving average is $161.19. The stock has a market cap of $60.17 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 3.55 and a beta of 1.01.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, beating the consensus estimate of $1.38 by $0.20. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The firm had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.38 billion. During the same quarter last year, the business posted $1.48 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. Research analysts predict that Ross Stores, Inc. will post 6.17 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th were paid a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, December 9th. Ross Stores’s dividend payout ratio is 25.31%.

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.