MASTERINVEST Kapitalanlage GmbH Takes Position in Ross Stores, Inc. $ROST

MASTERINVEST Kapitalanlage GmbH bought a new position in Ross Stores, Inc. (NASDAQ:ROST) in the second quarter, Holdings Channel.com reports. The firm bought 7,525 shares of the apparel retailer’s stock, valued at approximately $960,000.

Several other large investors have also added to or reduced their stakes in ROST. Aspect Partners LLC raised its stake in shares of Ross Stores by 251.7% in the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 146 shares during the last quarter. Bayforest Capital Ltd increased its holdings in Ross Stores by 372.5% in the 1st quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock worth $31,000 after buying an additional 190 shares during the period. Banque Transatlantique SA purchased a new position in Ross Stores during the 1st quarter worth approximately $29,000. Elevation Point Wealth Partners LLC acquired a new stake in Ross Stores during the 2nd quarter valued at approximately $38,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Ross Stores in the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on ROST shares. Barclays raised their target price on shares of Ross Stores from $164.00 to $183.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. BTIG Research began coverage on Ross Stores in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Cowen restated a “buy” rating on shares of Ross Stores in a research note on Thursday, December 4th. Wells Fargo & Company raised their target price on Ross Stores from $175.00 to $180.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Finally, TD Cowen boosted their price target on Ross Stores from $170.00 to $174.00 and gave the company a “buy” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Ross Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.19.

Insider Buying and Selling at Ross Stores

In related news, CEO James Grant Conroy sold 39,351 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $146.00, for a total value of $5,745,246.00. Following the transaction, the chief executive officer directly owned 157,153 shares of the company’s stock, valued at approximately $22,944,338. This trade represents a 20.03% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Stephen C. Brinkley sold 6,437 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $150.97, for a total value of $971,793.89. Following the sale, the insider owned 57,012 shares of the company’s stock, valued at approximately $8,607,101.64. This trade represents a 10.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,720 shares of company stock valued at $7,154,172 over the last ninety days. Corporate insiders own 2.20% of the company’s stock.

Ross Stores Price Performance

Shares of Ross Stores stock opened at $182.09 on Monday. The firm has a market cap of $58.90 billion, a PE ratio of 28.45, a P/E/G ratio of 4.00 and a beta of 1.03. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $185.00. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $164.29 and a 200 day moving average price of $149.16.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 EPS for the quarter, beating the consensus estimate of $1.38 by $0.20. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.38 billion. Ross Stores had a return on equity of 36.75% and a net margin of 9.47%.Ross Stores’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the company earned $1.48 earnings per share. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. Sell-side analysts predict that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 9th. Ross Stores’s dividend payout ratio (DPR) is presently 25.31%.

Ross Stores Company Profile

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.