Kentucky Retirement Systems Has $3.88 Million Holdings in Ross Stores, Inc. $ROST

Kentucky Retirement Systems decreased its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 11.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,890 shares of the apparel retailer’s stock after selling 2,337 shares during the period. Kentucky Retirement Systems’ holdings in Ross Stores were worth $3,876,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Ross Stores by 7,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores during the 4th quarter valued at $26,000. Bard Associates Inc. bought a new position in Ross Stores during the fourth quarter worth $31,000. City Holding Co. boosted its position in Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the period. Finally, Virtus Advisers LLC bought a new position in Ross Stores during the fourth quarter worth $32,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Telsey Advisory Group increased their price objective on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating 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 Monday, July 6th. Sanford C. Bernstein restated a “market perform” rating and set a $230.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Citigroup increased their target price 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 restated 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 assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Price Performance

NASDAQ:ROST opened at $252.57 on Friday. Ross Stores, Inc. has a 52 week low of $134.37 and a 52 week high of $255.30. 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’s 50-day simple moving average is $229.23 and its 200 day simple moving average is $215.76. The firm has a market cap of $81.02 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 2.83 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last posted 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the firm posted $1.47 EPS. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. 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 Dividend Announcement

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

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.