Sargent Investment Group LLC Purchases Shares of 3,672 Ross Stores, Inc. $ROST

Sargent Investment Group LLC purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,672 shares of the apparel retailer’s stock, valued at approximately $661,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new stake in Ross Stores in the 4th quarter valued at about $31,000. City Holding Co. lifted its holdings in Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after acquiring an additional 162 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new stake in Ross Stores in the 4th quarter valued at about $32,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ROST. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. Truist Financial upped their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Barclays upped their price target on shares of Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Citigroup boosted their price objective on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, 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 report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Insider Transactions at Ross Stores

In related news, CMO Karen Sykes sold 5,506 shares of the business’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 value of $1,174,980.40. Following the completion of the sale, the chief marketing officer owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the sale, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. The trade was a 11.99% decrease in their position. The SEC filing for this sale provides additional information. 2.10% of the stock is owned by corporate insiders.

Ross Stores Price Performance

Shares of ROST opened at $236.77 on Tuesday. The company has a market capitalization of $75.95 billion, a price-to-earnings ratio of 33.07, a P/E/G ratio of 2.70 and a beta of 0.86. Ross Stores, Inc. has a fifty-two week low of $124.49 and a fifty-two week 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. The business’s 50-day moving average is $225.30 and its 200-day moving average is $204.97.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The company had revenue of $6.01 billion for 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 quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Equities research analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio is currently 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.