Dockside LLC Buys Shares of 4,869 Ross Stores, Inc. $ROST

Dockside LLC purchased a new position in Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 4,869 shares of the apparel retailer’s stock, valued at approximately $1,036,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ROST. Ethic Inc. boosted its stake in Ross Stores by 25.6% during the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock worth $4,282,000 after acquiring an additional 4,847 shares during the last quarter. CWM LLC increased its stake in Ross Stores by 61.1% in the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after purchasing an additional 17,090 shares in the last quarter. National Pension Service raised its holdings in Ross Stores by 138.4% in the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after purchasing an additional 754,816 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in Ross Stores in the fourth quarter worth $204,750,000. Finally, NewEdge Wealth LLC boosted its position in shares of Ross Stores by 99.5% during the fourth quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer’s stock worth $2,656,000 after purchasing an additional 7,353 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Trading Up 0.2%

ROST opened at $245.36 on Friday. The stock has a market capitalization of $78.71 billion, a P/E ratio of 34.27, a P/E/G ratio of 2.74 and a beta of 0.86. 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 $143.39 and a 12 month high of $257.00. The firm’s fifty day simple moving average is $233.68 and its 200 day simple moving average is $220.19.

Ross Stores (NASDAQ:ROST) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $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, research analysts anticipate that Ross Stores, Inc. will post 7.77 EPS for the current fiscal year.

Ross Stores Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price target for the company. in a report on Tuesday, June 23rd. Citigroup raised their price objective on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. UBS Group reissued a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. Morgan Stanley set a $231.00 price target on Ross Stores in a report on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

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.