Callan Family Office LLC Purchases Shares of 53,914 Ross Stores, Inc. $ROST

Callan Family Office LLC bought a new stake in Ross Stores, Inc. (NASDAQ:ROST) during the second quarter, HoldingsChannel.com reports. The fund bought 53,914 shares of the apparel retailer’s stock, valued at approximately $11,476,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Ross Stores in the fourth quarter valued at about $26,000. Bard Associates Inc. bought a new stake in Ross Stores in the 4th quarter valued at $31,000. Virtus Advisers LLC bought a new position in shares of Ross Stores in the fourth quarter valued at about $32,000. Fideuram Asset Management Ireland dac acquired a new stake in Ross Stores during the fourth quarter worth approximately $38,000. Finally, Salomon & Ludwin LLC lifted its holdings in Ross Stores by 89.0% during 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 last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Evercore set a $290.00 price objective on shares of Ross Stores in a research note on Friday. Sanford C. Bernstein upped their price objective on Ross Stores from $230.00 to $240.00 and gave the stock a “market perform” rating in a research report on Friday. Zacks Research downgraded shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Telsey Advisory Group increased their target price on Ross Stores from $265.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.76.

Ross Stores Stock Up 4.4%

Shares of NASDAQ:ROST opened at $239.04 on Friday. 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 stock has a market cap of $76.68 billion, a price-to-earnings ratio of 28.94, a PEG ratio of 2.30 and a beta of 0.86. The business’s 50 day moving average is $233.81 and its 200 day moving average is $221.86. Ross Stores, Inc. has a 12-month low of $143.39 and a 12-month high of $257.00.

Ross Stores (NASDAQ:ROST) last announced its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, beating the consensus estimate of $1.95 by $0.71. The company had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.16 billion. Ross Stores had a net margin of 10.85% and a return on equity of 40.28%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.56 earnings per share. On average, sell-side analysts forecast that Ross Stores, Inc. will post 7.81 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ross Stores’s dividend payout ratio is 21.55%.

Key Ross Stores News

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

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.