Czech National Bank raised its stake in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 91,696 shares of the apparel retailer’s stock after purchasing an additional 3,607 shares during the quarter. Czech National Bank’s holdings in Ross Stores were worth $19,517,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Hilton Head Capital Partners LLC bought a new stake in Ross Stores in the fourth quarter valued at $26,000. Bard Associates Inc. bought a new position in Ross Stores in the fourth quarter valued at about $31,000. City Holding Co. boosted its stake in shares of Ross Stores by 1,080.0% in the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares during the last quarter. Virtus Advisers LLC acquired a new position in Ross Stores in the fourth quarter valued at approximately $32,000. Finally, Fideuram Asset Management Ireland dac bought a new position in Ross Stores during the fourth quarter worth about $38,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ROST has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Truist Financial raised their price target on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Barclays lifted their price objective on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.12.
Ross Stores Trading Up 0.4%
ROST opened at $255.23 on Friday. The stock has a market capitalization of $81.87 billion, a P/E ratio of 35.65, a P/E/G ratio of 2.85 and a beta of 0.86. Ross Stores, Inc. has a 12 month low of $143.39 and a 12 month high of $257.00. The firm’s fifty day simple moving average is $231.66 and its 200 day simple moving average is $218.12. 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 – Get Free Report) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the prior year, the company earned $1.47 EPS. The company’s revenue was up 20.6% on a year-over-year basis. 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. As a group, research analysts anticipate that Ross Stores, Inc. will post 7.76 EPS for the current fiscal year.
Ross Stores Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.
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.
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