Ross Stores, Inc. $ROST Holdings Trimmed by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC reduced its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 57.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,068 shares of the apparel retailer’s stock after selling 5,545 shares during the period. Main Street Financial Solutions LLC’s holdings in Ross Stores were worth $866,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new position in shares of Ross Stores in the 4th quarter worth approximately $31,000. Virtus Advisers LLC acquired a new position in shares of Ross Stores in the 4th quarter worth approximately $32,000. Bell Investment Advisors Inc acquired a new position in shares of Ross Stores in the 2nd quarter worth approximately $43,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of Ross Stores in the 4th quarter worth approximately $38,000. 86.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROST has been the subject of several recent research reports. Truist Financial increased their target price on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Morgan Stanley set a $231.00 price target on Ross Stores in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Zacks Research cut Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Sixteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and an average price target of $244.76.

Ross Stores Price Performance

ROST opened at $236.38 on Wednesday. The firm has a market capitalization of $75.83 billion, a P/E ratio of 33.01, a PEG ratio of 2.74 and a beta of 0.86. The stock has a fifty day moving average of $233.98 and a 200-day moving average of $221.12. 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, Inc. has a 12-month low of $143.39 and a 12-month high of $257.00.

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

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.