Varenne Capital Partners Invests $3.98 Million in Ross Stores, Inc. $ROST

Varenne Capital Partners purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 18,694 shares of the apparel retailer’s stock, valued at approximately $3,976,000. Ross Stores accounts for approximately 0.7% of Varenne Capital Partners’ holdings, making the stock its 24th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in ROST. BlackRock Inc. acquired a new position in shares of Ross Stores in the 2nd quarter valued at $5,938,711,000. Bank of America Corp DE purchased a new position in shares of Ross Stores during the 2nd quarter worth $2,024,203,000. Primecap Management Co. CA acquired a new stake in shares of Ross Stores during the 2nd quarter worth about $1,937,995,000. Norges Bank acquired a new stake in shares of Ross Stores during the 4th quarter worth about $868,360,000. Finally, Wellington Management Group LLP increased its position in shares of Ross Stores by 89.2% during the 2nd quarter. Wellington Management Group LLP now owns 6,615,682 shares of the apparel retailer’s stock worth $1,408,148,000 after purchasing an additional 3,118,591 shares during the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores News Roundup

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

• Positive Sentiment: Zacks raised its earnings forecasts across multiple future periods. Estimates increased for Q3 2027 through Q4 2028, Q1 2029, and FY2028. The FY2028 EPS forecast rose to $8.84 from $8.33, while the Q4 2028 estimate increased to $2.48 from $2.34. These revisions suggest analysts see better-than-expected earnings potential for Ross Stores. MarketBeat Ross Stores analyst estimates
• Positive Sentiment: Recent operating results provide support for the bullish estimate revisions. In its latest reported quarter, Ross Stores generated $6.26 billion in revenue, up 13.3% year over year, and posted $2.66 in EPS versus the $1.95 consensus estimate. The earnings beat and strong revenue growth indicate continued resilience in the off-price retail model.
• Neutral Sentiment: Zacks maintained a “Hold” rating. Although its forecasts improved, the unchanged rating signals that the analyst does not yet see enough risk-adjusted upside to recommend buying the shares. The current full-year EPS consensus remains $8.15. Zacks Ross Stores growth stock analysis
• Neutral Sentiment: The Q2 2026 earnings call transcript offers additional management commentary on sales trends, margins, inventory, store expansion and the outlook, but no specific new guidance details are provided in the article listing. Ross Stores Q2 2026 earnings call transcript
• Negative Sentiment: Valuation and limited analyst conviction remain headwinds. Ross Stores trades at roughly 28 times earnings, while its shares are below the 50-day moving average. With Zacks still at Hold and no fresh near-term catalyst, investors may be taking profits after the strong earnings performance.

Ross Stores Stock Performance

NASDAQ ROST opened at $230.69 on Monday. The firm has a 50 day simple moving average of $234.52 and a 200-day simple moving average of $224.91. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.98 and a current ratio of 1.61. Ross Stores, Inc. has a one year low of $143.39 and a one year high of $257.00. The firm has a market cap of $73.69 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.94 and a beta of 0.85.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. Ross Stores had a net margin of 10.85% and a return on equity of 39.29%. The firm had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.16 billion. During the same quarter in the previous year, the business posted $1.56 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts anticipate that Ross Stores, Inc. will post 8.15 EPS for the current fiscal year.

Ross Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.445 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio is currently 21.55%.

Analyst Upgrades and Downgrades

ROST has been the topic of a number of recent analyst reports. UBS Group upped their target price on shares of Ross Stores from $232.00 to $239.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Zacks Research cut shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Citigroup boosted their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. upped their price objective on shares of Ross Stores from $262.00 to $272.00 and gave the stock an “overweight” rating in a report on Friday, August 21st. Finally, Robert W. Baird increased their price objective on shares of Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Fifteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.76.

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.