Meeder Advisory Services Inc. Takes $2.46 Million Position in Ross Stores, Inc. $ROST

Meeder Advisory Services Inc. acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, HoldingsChannel reports. The fund acquired 11,576 shares of the apparel retailer’s stock, valued at approximately $2,464,000.

Several other institutional investors have also modified their holdings of the stock. Cooper Financial Group raised its position in shares of Ross Stores by 2.8% during the 2nd quarter. Cooper Financial Group now owns 1,919 shares of the apparel retailer’s stock worth $409,000 after purchasing an additional 52 shares during the last quarter. Independent Advisor Alliance boosted its holdings in Ross Stores by 1.7% in the 4th quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after buying an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC boosted its holdings in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after buying an additional 55 shares during the last quarter. MCF Advisors LLC increased its stake in Ross Stores by 4.6% during the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after buying an additional 57 shares in the last quarter. Finally, Caxton Associates LLP raised its holdings in shares of Ross Stores by 4.3% during the first quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock valued at $308,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ROST shares. Barclays raised their target price on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. The Goldman Sachs Group restated a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price on the stock. in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. raised their price target on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $230.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Sixteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $244.76.

Ross Stores Stock Performance

NASDAQ ROST opened at $236.38 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The stock’s fifty day moving average is $233.98 and its two-hundred day moving average is $221.12. The firm has a market capitalization of $75.83 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.47 EPS. 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. On average, research analysts anticipate that Ross Stores, Inc. will post 7.78 earnings per share for the current year.

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.