First American Trust FSB Has $9.62 Million Position in Ross Stores, Inc. $ROST

First American Trust FSB boosted its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 33.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,425 shares of the apparel retailer’s stock after buying an additional 13,540 shares during the period. First American Trust FSB’s holdings in Ross Stores were worth $9,624,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Ethic Inc. raised its holdings in Ross Stores by 25.6% in the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after purchasing an additional 4,847 shares during the period. GSA Capital Partners LLP acquired a new stake in Ross Stores in the third quarter worth $1,411,000. Financial Planning Hawaii Inc. acquired a new stake in Ross Stores in the fourth quarter worth $1,542,000. Amica Mutual Insurance Co. acquired a new stake in Ross Stores in the third quarter worth $4,790,000. Finally, Lansforsakringar Fondforvaltning AB publ raised its holdings in Ross Stores by 7.1% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 104,406 shares of the apparel retailer’s stock worth $15,910,000 after purchasing an additional 6,941 shares during the period. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Guggenheim reiterated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. JPMorgan Chase & Co. increased their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Wall Street Zen upgraded shares of Ross Stores from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Insiders Place Their Bets

In related news, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the sale, the chief operating officer directly owned 116,028 shares in the company, valued at $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the firm’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the sale, the chief marketing officer owned 104,648 shares in the company, valued at approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company’s stock.

Ross Stores Trading Up 1.1%

Shares of NASDAQ:ROST opened at $231.92 on Thursday. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $237.41. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The company’s fifty day simple moving average is $224.11 and its 200 day simple moving average is $203.63. The firm has a market cap of $74.40 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 2.58 and a beta of 0.86.

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 net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the business 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. As a group, research analysts forecast that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.

Ross Stores Announces Dividend

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 dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

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.