Korea Investment CORP Has $21.89 Million Stake in Ross Stores, Inc. $ROST

Korea Investment CORP grew its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 13.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 143,612 shares of the apparel retailer’s stock after buying an additional 17,000 shares during the period. Korea Investment CORP’s holdings in Ross Stores were worth $21,885,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ROST. Vanguard Group Inc. lifted its holdings in shares of Ross Stores by 14.8% during the 2nd quarter. Vanguard Group Inc. now owns 39,182,660 shares of the apparel retailer’s stock worth $4,998,924,000 after acquiring an additional 5,060,954 shares during the period. Norges Bank bought a new stake in Ross Stores in the second quarter valued at about $521,159,000. Bank of America Corp DE increased its stake in Ross Stores by 20.9% in the second quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock valued at $1,222,523,000 after acquiring an additional 1,657,008 shares during the period. First Trust Advisors LP raised its position in Ross Stores by 30.1% in the second quarter. First Trust Advisors LP now owns 3,669,876 shares of the apparel retailer’s stock worth $468,203,000 after purchasing an additional 849,391 shares in the last quarter. Finally, Scopus Asset Management L.P. acquired a new position in Ross Stores in the second quarter worth about $102,281,000. Institutional investors own 86.86% of the company’s stock.

Trending Headlines about Ross Stores

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Ross accelerated its store rollout — 17 new U.S. locations opened in Feb–Mar and management now plans roughly 110 new locations in 2026 (about 5% unit growth), signaling a clear growth pipeline that supports revenue and footprint expansion. ROSS CONTINUES EXPANSION WITH THE OPENING OF 17 STORES
• Positive Sentiment: Analyst sentiment and model scores are turning bullish — Zacks upgraded ROST to a Buy and highlighted momentum and growth style scores, which can attract buying from both quant models and retail/institutional investors. All You Need to Know About Ross Stores (ROST) Rating Upgrade to Buy
• Positive Sentiment: Macro/sector tailwinds for discount retailers: coverage notes consumers tightening budgets and ETFs/strategies that favor value-oriented retailers include Ross, which benefits from both share gains and ETF flows. Positive media pieces and a recent strong earnings beat add to the momentum case. 3 ETFs That Could Benefit as Consumers Tighten Their Budgets
• Neutral Sentiment: Some commentary asks whether the strong recent rally leaves less upside (valuation/late-cycle momentum debate), prompting discussions on whether it’s “too late” to buy after the run — a reminder valuation risk can limit further near-term gains. Is It Too Late To Consider Ross Stores (ROST) After Its Strong Share Price Run?
• Negative Sentiment: Operational/strategy risk flagged — a Yahoo report says the CEO is eyeing a change that could push some shoppers away; if the initiative changes Ross’s value proposition or store experience, it could hurt traffic and margins. This introduces execution and customer-retention risk that investors should watch. Ross Stores CEO eyes a change that risks pushing shoppers away

Ross Stores Stock Performance

NASDAQ ROST opened at $212.93 on Wednesday. The firm has a market cap of $68.87 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 2.89 and a beta of 0.97. The company has a 50 day moving average of $194.59 and a 200-day moving average of $173.28. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. Ross Stores, Inc. has a 1-year low of $122.36 and a 1-year high of $216.80.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Tuesday, March 3rd. The apparel retailer reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.10. The company had revenue of $6.64 billion during the quarter, compared to analysts’ expectations of $6.42 billion. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. Ross Stores’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 earnings per share. On average, equities analysts forecast that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Ross Stores Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.445 dividend. This is an increase from Ross Stores’s previous quarterly dividend of $0.41. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Ross Stores’s payout ratio is presently 24.51%.

Analyst Upgrades and Downgrades

ROST has been the topic of a number of recent research reports. Robert W. Baird set a $200.00 price objective on Ross Stores in a report on Wednesday, December 17th. JPMorgan Chase & Co. increased their target price on Ross Stores from $215.00 to $232.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Wall Street Zen upgraded Ross Stores from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Zacks Research lowered Ross Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $221.00 price target on Ross Stores in a research report on Thursday, January 8th. Sixteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and an average price target of $208.29.

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.