OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stake in Ross Stores, Inc. $ROST

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in Ross Stores, Inc. (NASDAQ:ROST) by 33.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the apparel retailer’s stock after selling 2,500 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ross Stores were worth $901,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ROST. Woodline Partners LP grew its position in Ross Stores by 39.9% in the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after acquiring an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Ross Stores by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after acquiring an additional 117 shares in the last quarter. NewEdge Advisors LLC grew its position in Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after acquiring an additional 2,792 shares in the last quarter. Treasurer of the State of North Carolina grew its position in Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock worth $19,200,000 after acquiring an additional 1,508 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its position in Ross Stores by 2.2% in the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after acquiring an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Price Performance

Shares of ROST stock opened at $236.77 on Tuesday. 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 firm has a market capitalization of $75.95 billion, a P/E ratio of 33.07, a P/E/G ratio of 2.70 and a beta of 0.86. The stock has a 50 day moving average price of $225.30 and a 200 day moving average price of $204.97. Ross Stores, Inc. has a 52-week low of $124.49 and a 52-week high of $242.81.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion during 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%.Ross Stores’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, sell-side analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s payout ratio is presently 24.86%.

Analyst Ratings Changes

Several research analysts have issued reports on ROST shares. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Telsey Advisory Group raised their price target on Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Barclays raised their price target on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company raised their price target on Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Insider Buying and Selling

In related news, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the sale, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. The trade was a 11.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the sale, the chief marketing officer owned 104,648 shares of the company’s stock, valued at $22,331,883.20. The trade was a 5.00% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.10% of the stock is currently owned by insiders.

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.