Victory Capital Management Inc. Has $545.52 Million Stock Position in Ross Stores, Inc. $ROST

Victory Capital Management Inc. boosted its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 21.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,028,237 shares of the apparel retailer’s stock after buying an additional 538,707 shares during the period. Victory Capital Management Inc.’s holdings in Ross Stores were worth $545,516,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 140 shares during the period. Hilton Head Capital Partners LLC acquired a new position in Ross Stores during the fourth quarter valued at $26,000. City Holding Co. raised its position in Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after buying an additional 162 shares during the period. JFS Wealth Advisors LLC raised its position in Ross Stores by 42.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock valued at $38,000 after buying an additional 63 shares during the period. Finally, Fideuram Asset Management Ireland dac acquired a new position in Ross Stores during the fourth quarter valued at $38,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief marketing officer owned 104,648 shares in the company, valued at approximately $22,331,883.20. This represents a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Michael J. Hartshorn sold 15,813 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the sale, the chief operating officer owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price target on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Wednesday, April 8th. Wells Fargo & Company boosted their target price on Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

Shares of NASDAQ ROST opened at $240.13 on Friday. The company has a market capitalization of $77.03 billion, a P/E ratio of 33.54, a price-to-earnings-growth ratio of 2.69 and a beta of 0.86. The business’s 50-day moving average price is $224.97 and its two-hundred day moving average price is $204.34. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $242.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.47 EPS. 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. Analysts anticipate that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio is 24.86%.

Ross Stores Company 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.