Ross Stores, Inc. $ROST Shares Purchased by Swiss National Bank

Swiss National Bank lifted its position in Ross Stores, Inc. (NASDAQ:ROST) by 6.5% during the first quarter, HoldingsChannel.com reports. The fund owned 949,300 shares of the apparel retailer’s stock after acquiring an additional 57,800 shares during the period. Swiss National Bank’s holdings in Ross Stores were worth $205,647,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Somerset Trust Co lifted its holdings in Ross Stores by 0.4% in the 4th quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock valued at $2,664,000 after purchasing an additional 55 shares in the last quarter. Independent Advisor Alliance grew its holdings in shares of Ross Stores by 1.7% during the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after buying an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC grew its holdings in shares of Ross Stores by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after buying an additional 55 shares in the last quarter. Florida Trust Wealth Management Co raised its position in shares of Ross Stores by 1.7% in the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after buying an additional 56 shares during the last quarter. Finally, MCF Advisors LLC raised its position in shares of Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after buying an additional 57 shares during the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Barclays raised their target price on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Guggenheim restated a “buy” rating and set a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

NASDAQ ROST opened at $233.46 on Monday. Ross Stores, Inc. has a 52 week low of $129.48 and a 52 week high of $242.81. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The business’s fifty day simple moving average is $224.21 and its 200-day simple moving average is $212.14. The firm has a market cap of $74.89 billion, a PE ratio of 32.61, a P/E/G ratio of 2.62 and a beta of 0.87.

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

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s payout ratio is presently 24.86%.

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.