Bull Harbor Capital LLC Invests $694,000 in Ross Stores, Inc. $ROST

Bull Harbor Capital LLC purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,203 shares of the apparel retailer’s stock, valued at approximately $694,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ROST. Ethic Inc. boosted its position in shares of Ross Stores by 25.6% in the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after buying an additional 4,847 shares in the last quarter. National Pension Service grew its stake in Ross Stores by 138.4% in the 4th quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock valued at $234,192,000 after acquiring an additional 754,816 shares during the last quarter. CWM LLC increased its holdings in Ross Stores by 61.1% during the 4th quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after acquiring an additional 17,090 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in Ross Stores during the fourth quarter worth about $204,750,000. Finally, NewEdge Wealth LLC raised its position in Ross Stores by 99.5% during the fourth quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock worth $2,656,000 after acquiring an additional 7,353 shares during the last quarter. 86.86% of the stock is owned by institutional investors.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $252.57 on Friday. The company has a market cap of $81.02 billion, a P/E ratio of 35.28, a P/E/G ratio of 2.83 and a beta of 0.87. The business has a fifty day simple moving average of $229.23 and a 200-day simple moving average of $215.76. Ross Stores, Inc. has a 52 week low of $134.37 and a 52 week high of $255.30. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

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

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Barclays lifted their price objective on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Telsey Advisory Group increased their target price on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores 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.