Aurdan Capital Management LLC Has $5.85 Million Stock Position in Ross Stores, Inc. $ROST

Aurdan Capital Management LLC lowered its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 15.7% during the third quarter, Holdings Channel reports. The firm owned 38,393 shares of the apparel retailer’s stock after selling 7,155 shares during the period. Ross Stores accounts for about 1.9% of Aurdan Capital Management LLC’s portfolio, making the stock its 12th largest position. Aurdan Capital Management LLC’s holdings in Ross Stores were worth $5,851,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Louisbourg Investments Inc. boosted its position in Ross Stores by 54.2% during the second quarter. Louisbourg Investments Inc. now owns 30,235 shares of the apparel retailer’s stock worth $3,857,000 after purchasing an additional 10,625 shares during the period. Virtus Investment Advisers LLC bought a new position in shares of Ross Stores in the second quarter valued at approximately $1,265,000. Jump Financial LLC bought a new position in shares of Ross Stores in the second quarter valued at approximately $7,949,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Ross Stores by 34.5% in the third quarter. Robeco Institutional Asset Management B.V. now owns 22,964 shares of the apparel retailer’s stock worth $3,499,000 after buying an additional 5,889 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Ross Stores by 6.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 130,610 shares of the apparel retailer’s stock worth $19,904,000 after buying an additional 7,338 shares during the period. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Stock Down 0.0%

ROST stock opened at $189.23 on Friday. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $194.92. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The company has a market cap of $61.21 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 3.28 and a beta of 0.99. The business’s 50-day simple moving average is $184.76 and its 200 day simple moving average is $163.45.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.20. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.38 billion. Ross Stores had a return on equity of 36.75% and a net margin of 9.47%.Ross Stores’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.48 EPS. 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. On average, research analysts anticipate that Ross Stores, Inc. will post 6.17 earnings per share for the current year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th were given 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 (DPR) is presently 25.31%.

Wall Street Analyst Weigh In

Several research analysts recently commented on ROST shares. BTIG Research began coverage on shares of Ross Stores in a report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Wall Street Zen raised Ross Stores from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. JPMorgan Chase & Co. lifted their price objective on Ross Stores from $188.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Ross Stores in a research report on Tuesday, January 6th. Finally, Erste Group Bank began coverage on Ross Stores in a report on Friday, October 31st. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and an average target price of $186.41.

Ross Stores 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.