Healthcare of Ontario Pension Plan Trust Fund Cuts Stock Position in Ross Stores, Inc. $ROST

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 66.3% during the 1st quarter, Holdings Channel reports. The firm owned 105,143 shares of the apparel retailer’s stock after selling 207,310 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Ross Stores were worth $22,777,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 buying an additional 140 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Ross Stores in the 4th quarter valued at approximately $26,000. Bard Associates Inc. purchased a new position in Ross Stores in the 4th quarter valued at approximately $31,000. City Holding Co. grew its stake in shares of Ross Stores by 1,080.0% in the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new stake in shares of Ross Stores during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ROST. Telsey Advisory Group increased their price objective on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. Sanford C. Bernstein restated a “market perform” rating and set a $230.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Price Performance

Shares of ROST opened at $238.89 on Monday. Ross Stores, Inc. has a twelve month low of $134.37 and a twelve month high of $242.81. The firm’s fifty day simple moving average is $226.43 and its 200-day simple moving average is $214.04. The firm has a market capitalization of $76.63 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.68 and a beta of 0.87. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.47 earnings per share. 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. Equities analysts forecast that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were 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 was Tuesday, June 9th. Ross Stores’s payout ratio is 24.86%.

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.