OneDigital Investment Advisors LLC Buys New Shares in Ross Stores, Inc. $ROST

OneDigital Investment Advisors LLC bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, Holdings Channel.com reports. The firm bought 2,555 shares of the apparel retailer’s stock, valued at approximately $544,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC purchased a new stake in Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores during the 4th quarter worth about $31,000. Virtus Advisers LLC acquired a new stake in shares of Ross Stores in the fourth quarter worth approximately $32,000. Fideuram Asset Management Ireland dac purchased a new stake in Ross Stores in the fourth quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC grew its holdings in Ross Stores by 89.0% in the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock valued at $42,000 after purchasing an additional 105 shares during the period. 86.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on ROST shares. Telsey Advisory Group upped their price target on shares of Ross Stores from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Citigroup boosted their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. The Goldman Sachs Group restated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Wall Street Zen lowered Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, 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. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.76.

Ross Stores Trading Up 0.5%

Shares of ROST stock opened at $236.38 on Wednesday. The stock has a market cap of $75.83 billion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. 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 fifty-two week low of $143.39 and a fifty-two week high of $257.00. The firm’s 50 day moving average price is $233.98 and its two-hundred day moving average price is $221.12.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The business’s quarterly revenue 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. On average, analysts anticipate that Ross Stores, Inc. will post 7.78 EPS for the current year.

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.