Mediolanum International Funds Ltd Increases Stake in Ross Stores, Inc. $ROST

Mediolanum International Funds Ltd increased its stake in Ross Stores, Inc. (NASDAQ:ROST) by 23.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,749 shares of the apparel retailer’s stock after buying an additional 3,534 shares during the period. Mediolanum International Funds Ltd’s holdings in Ross Stores were worth $3,915,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ROST. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of 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 period. Hilton Head Capital Partners LLC purchased a new position in shares of Ross Stores in the 4th quarter valued at approximately $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores in the 4th quarter valued at approximately $31,000. City Holding Co. boosted its position in shares of 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 purchasing an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC bought a new stake in shares of Ross Stores during the fourth quarter valued at approximately $32,000. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ROST shares. Citigroup increased 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. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. upped their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. Finally, Guggenheim reissued a “buy” rating and set a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Performance

Ross Stores stock opened at $235.78 on Tuesday. Ross Stores, Inc. has a twelve month low of $130.49 and a twelve month 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 company has a market capitalization of $75.63 billion, a P/E ratio of 32.93, a PEG ratio of 2.62 and a beta of 0.87. The stock’s 50 day moving average is $224.63 and its 200 day moving average is $212.52.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the business earned $1.47 earnings per share. The firm’s quarterly 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. On average, equities research analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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