OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,500 Shares of Ross Stores, Inc. $ROST

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 33.3% in the fourth quarter, according to its most recent 13F filing with the SEC. 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 filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp grew its position in Ross Stores by 0.7% in the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock valued at $2,506,099,000 after acquiring an additional 99,975 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Ross Stores by 1.9% in the third quarter. Bank of America Corp DE now owns 9,762,583 shares of the apparel retailer’s stock worth $1,487,720,000 after acquiring an additional 180,182 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Ross Stores by 1.5% in the fourth quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock worth $979,384,000 after acquiring an additional 79,519 shares during the last quarter. Norges Bank acquired a new stake in shares of Ross Stores in the 4th quarter valued at approximately $868,360,000. Finally, Viking Global Investors LP boosted its stake in shares of Ross Stores by 9.9% in the 2nd quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock valued at $605,704,000 after purchasing an additional 426,370 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Price Performance

NASDAQ:ROST opened at $232.80 on Friday. The firm’s 50 day simple moving average is $226.33 and its 200 day simple moving average is $206.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $242.81. The company has a market cap of $74.68 billion, a PE ratio of 32.51, a P/E/G ratio of 2.61 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The business also recently disclosed 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. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio is presently 24.86%.

Analyst Ratings Changes

A number of research firms recently issued reports on ROST. 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. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Guggenheim reiterated a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. One investment 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 stock. According to MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Insider Buying and Selling at Ross Stores

In other Ross Stores news, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. The trade was a 11.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction dated 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 in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is owned by company insiders.

About Ross Stores

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.