Bryn Mawr Trust Advisors LLC Takes Position in Ross Stores, Inc. $ROST

Bryn Mawr Trust Advisors LLC acquired a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 2nd quarter, Holdings Channel reports. The fund acquired 6,637 shares of the apparel retailer’s stock, valued at approximately $1,413,000.

Other institutional investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in shares of Ross Stores in the fourth quarter worth about $26,000. Bard Associates Inc. bought a new position in Ross Stores during the 4th quarter worth approximately $31,000. Virtus Advisers LLC bought a new position in Ross Stores during the 4th quarter worth approximately $32,000. Fideuram Asset Management Ireland dac purchased a new position in Ross Stores in the 4th quarter worth approximately $38,000. Finally, Salomon & Ludwin LLC increased its stake in Ross Stores by 89.0% in the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 105 shares during the period. 86.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROST has been the subject of a number of analyst reports. Citigroup increased their price objective on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Zacks Research lowered shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Ross Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

Ross Stores Trading Up 0.2%

Shares of ROST opened at $245.36 on Friday. Ross Stores, Inc. has a 1-year low of $143.39 and a 1-year high of $257.00. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The firm’s 50-day moving average price is $233.68 and its 200-day moving average price is $220.19. The firm has a market capitalization of $78.71 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 2.74 and a beta of 0.86.

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 analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. Ross Stores’s revenue was up 20.6% on a year-over-year basis. 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. Sell-side analysts anticipate that Ross Stores, Inc. will post 7.77 EPS for the current year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) 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.