Resona Asset Management Co. Ltd. Sells 6,004 Shares of Ross Stores, Inc. $ROST

Posted by Caroline Horne on May 20th, 2026

Resona Asset Management Co. Ltd. lowered its stake in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 5.8% during the fourth quarter, Holdings Channel reports. The fund owned 97,489 shares of the apparel retailer’s stock after selling 6,004 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Ross Stores were worth $17,572,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Ross Stores by 7,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. City Holding Co. grew its holdings in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Ross Stores during the 3rd quarter worth about $29,000. JFS Wealth Advisors LLC grew its holdings in Ross Stores by 42.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock worth $38,000 after acquiring an additional 63 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its holdings in Ross Stores by 89.0% during the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after acquiring an additional 105 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Up 0.8%

Ross Stores stock opened at $212.68 on Wednesday. The company’s 50 day simple moving average is $218.42 and its 200 day simple moving average is $195.95. Ross Stores, Inc. has a fifty-two week low of $124.49 and a fifty-two week high of $231.16. The firm has a market capitalization of $68.51 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 2.86 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.58 and a quick ratio of 1.04.

Ross Stores (NASDAQ:ROST – Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The apparel retailer reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.10. The business had revenue of $6.64 billion for the quarter, compared to analyst estimates of $6.42 billion. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. Ross Stores’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.65 EPS. As a group, sell-side analysts anticipate that Ross Stores, Inc. will post 7.36 EPS for the current year.

Ross Stores Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a dividend of $0.445 per share. This is an increase from Ross Stores’s previous quarterly dividend of $0.41. The ex-dividend date was Friday, March 13th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is 26.93%.

Analyst Upgrades and Downgrades

ROST has been the topic of a number of research analyst reports. Telsey Advisory Group reissued an “outperform” rating and set a $240.00 price objective on shares of Ross Stores in a report on Thursday, March 26th. The Goldman Sachs Group increased their price objective on shares of Ross Stores from $214.00 to $244.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. increased their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday. Citigroup increased their price objective on shares of Ross Stores from $240.00 to $261.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Truist Financial initiated coverage on shares of Ross Stores in a research note on Monday. They issued a “buy” rating and a $270.00 target price on the stock. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ross Stores has an average rating of “Moderate Buy” and an average price target of $218.56.

Get Our Latest Research Report on Ross Stores

Trending Headlines about Ross Stores

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

Positive Sentiment: JPMorgan Chase raised its price target on Ross Stores (ROST) to $251 from $248 and kept an overweight rating, reinforcing expectations for further upside. Ross Stores (NASDAQ:ROST) Price Target Raised to $251.00 at JPMorgan Chase & Co.
Positive Sentiment: Truist Securities initiated coverage of Ross Stores (ROST) with a buy rating and a $270 price target, signaling strong confidence in the retailer’s growth outlook and valuation. Truist Securities initiates coverage of Ross Stores (ROST) with buy recommendation
Positive Sentiment: Another Truist note called Ross Stores and TJX top names in an attractive discount retail sector, which supports the bull case for the stock. TJX Companies, Ross Stores top names in an attractive vertical—Truist Securities
Positive Sentiment: Analysts and Zacks previews suggest Ross Stores may deliver solid Q1 results, with expectations for double-digit sales and EPS growth driven by traffic, merchandising, and store expansion. Ross Stores Gears Up to Report Q1 Earnings: Is a Beat in Store?
Positive Sentiment: Wall Street remains optimistic on ROST, with additional coverage highlighting it as a GARP-style stock and a potentially attractive value play versus peers. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
Neutral Sentiment: Several recent articles compare Ross Stores with other discount retailers or discuss analyst-rating trends, but they largely reinforce the existing bullish narrative rather than adding new company-specific catalysts. DG or ROST: Which Is the Better Value Stock Right Now?
Neutral Sentiment: Estimate revisions for FY2027 EPS also point to improving sentiment, though this is more of a long-term valuation signal than an immediate trading catalyst. Ross Stores FY2027 EPS Estimate Boosted by Erste Group Bank

Insiders Place Their Bets

In other Ross Stores news, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $213.13, for a total transaction of $400,897.53. Following the sale, the director directly owned 2,159 shares in the company, valued at approximately $460,147.67. This trade represents a 46.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Karen Sykes sold 5,506 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the sale, the chief marketing officer owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 25,756 shares of company stock worth $5,521,004. Company insiders own 2.10% of the company’s stock.

Ross Stores Profile

(Free Report)

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.