Opal Capital LLC Makes New $738,000 Investment in Ross Stores, Inc. $ROST

Opal Capital LLC acquired a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 1st quarter, Holdings Channel reports. The fund acquired 3,408 shares of the apparel retailer’s stock, valued at approximately $738,000.

Several other institutional investors have also recently added to or reduced their stakes in ROST. Thurston Springer Miller Herd & Titak Inc. lifted its position in Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after buying an additional 140 shares during the period. Hilton Head Capital Partners LLC purchased 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 during the 4th quarter valued at about $31,000. City Holding Co. lifted its holdings in shares of Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after acquiring an additional 162 shares during the period. Finally, Virtus Advisers LLC acquired a new stake in shares of Ross Stores in the fourth quarter worth approximately $32,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Barclays upped their price objective on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Wells Fargo & Company cut Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price on the stock. in a report on Tuesday, June 23rd. Citigroup upped their price target on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned 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 $233.18.

Ross Stores Stock Up 3.2%

Shares of NASDAQ ROST opened at $251.03 on Wednesday. The stock has a fifty day moving average price of $227.84 and a 200 day moving average price of $214.88. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 12-month low of $134.37 and a 12-month high of $252.09. The company has a market cap of $80.53 billion, a P/E ratio of 35.06, a P/E/G ratio of 2.73 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. 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. Research analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio is currently 24.86%.

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.