Janus Henderson Group PLC Sells 2,211 Shares of Ross Stores, Inc. $ROST

Janus Henderson Group PLC lessened its stake in Ross Stores, Inc. (NASDAQ:ROST) by 5.6% in the first quarter, HoldingsChannel reports. The firm owned 37,465 shares of the apparel retailer’s stock after selling 2,211 shares during the period. Janus Henderson Group PLC’s holdings in Ross Stores were worth $8,114,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of ROST. Independent Advisor Alliance grew its holdings in shares of Ross Stores by 1.7% in the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after acquiring an additional 55 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in Ross Stores by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after acquiring an additional 55 shares during the period. MCF Advisors LLC boosted its position in Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after purchasing an additional 57 shares during the last quarter. Caxton Associates LLP boosted its position in Ross Stores by 4.3% in the first quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock worth $308,000 after purchasing an additional 58 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in shares of Ross Stores by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,448 shares of the apparel retailer’s stock valued at $441,000 after purchasing an additional 59 shares during the period. 86.86% of the stock is owned by institutional investors.

Ross Stores Price Performance

Shares of Ross Stores stock opened at $253.22 on Thursday. The stock’s 50-day simple moving average is $230.64 and its 200-day simple moving average is $217.43. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 52 week low of $141.91 and a 52 week high of $257.00. The company has a market capitalization of $81.23 billion, a price-to-earnings ratio of 35.37, a PEG ratio of 2.82 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data 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 business had revenue of $6.01 billion during 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 was up 20.6% on a year-over-year basis. During the same period last 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. As a group, analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Truist Financial upped their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $239.12.

Ross Stores 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.