Vise Technologies Inc. purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor purchased 16,791 shares of the apparel retailer’s stock, valued at approximately $3,574,000.
Other large investors have also recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores in the fourth quarter valued at approximately $26,000. Bard Associates Inc. bought a new stake in Ross Stores during the fourth quarter valued at approximately $31,000. Virtus Advisers LLC purchased a new position in Ross Stores in 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 holdings in shares of 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 buying an additional 105 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.
Key Headlines Impacting Ross Stores
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
Analyst Ratings Changes
View Our Latest Analysis on ROST
Ross Stores Price Performance
Shares of ROST stock opened at $239.04 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00. The firm has a market cap of $76.68 billion, a P/E ratio of 28.94, a P/E/G ratio of 2.30 and a beta of 0.86. The business’s 50 day moving average price is $233.81 and its 200-day moving average price is $221.86.
Ross Stores (NASDAQ:ROST – Get Free Report) last announced its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. Ross Stores had a return on equity of 40.28% and a net margin of 10.85%.The company had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.16 billion. During the same quarter in the prior year, the company earned $1.56 earnings per share. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities research analysts anticipate that Ross Stores, Inc. will post 7.81 earnings per share for the current year.
Ross Stores Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.445 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s dividend payout ratio is 21.55%.
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.
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