Man Group plc purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,025,756 shares of the apparel retailer’s stock, valued at approximately $218,332,000.
Several other institutional investors also recently modified their holdings of ROST. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. acquired a new stake in shares of Ross Stores in the fourth quarter valued at about $31,000. Virtus Advisers LLC bought a new position in shares of Ross Stores during the fourth quarter worth about $32,000. Bell Investment Advisors Inc bought a new position in shares of Ross Stores during the second quarter worth about $43,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Ross Stores in the second quarter worth approximately $44,000. Institutional investors own 86.86% of the company’s stock.
Ross Stores Stock Down 0.1%
Shares of NASDAQ:ROST opened at $241.19 on Wednesday. The company has a market capitalization of $77.37 billion, a price-to-earnings ratio of 29.20, a P/E/G ratio of 1.99 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.61 and a quick ratio of 0.98. The business’s 50-day moving average is $234.04 and its 200-day moving average is $222.81. Ross Stores, Inc. has a 1 year low of $143.39 and a 1 year high of $257.00.
Ross Stores Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.445 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. Ross Stores’s dividend payout ratio (DPR) is 21.55%.
More Ross Stores News
Here are the key news stories impacting Ross Stores this week:
- Positive Sentiment: Strong Q2 results and raised guidance: Ross Stores exceeded quarterly earnings and revenue expectations as customer traffic increased and margins expanded. Management also raised its fiscal 2026 outlook, providing a potential catalyst for further analyst estimate increases. Should You Buy, Sell or Hold Ross Stores Stock Post Q2 Earnings?
- Positive Sentiment: Organic growth remains compelling: An analyst commentary argues that Ross Stores’ underlying performance is stronger than any temporary benefit from tariffs, suggesting sustainable retail momentum and execution. Ross Stores: Forget The Tariff Tailwind; Organic Growth Is Even More Impressive
- Positive Sentiment: Technical setup is supportive: Ross Stores has held support across multiple time frames after a recent correction, with technical analysts identifying a possible move toward higher Fibonacci targets and a break above the $245 area. Ross Stores Price Forecast: Can ROST Break Above $245?
- Neutral Sentiment: Broker commentary characterizes ROST as a generally favorable investment, but the reports do not identify a major new price-target or rating catalyst. Ross Stores Given Average Recommendation of Moderate Buy
- Neutral Sentiment: The reported August short-interest data shows zero shares and a zero-day ratio, with an undefined percentage change. Because the figures appear incomplete or erroneous, they provide no reliable signal about short-covering or bearish positioning.
Analysts Set New Price Targets
ROST has been the topic of several analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Morgan Stanley raised their price target on shares of Ross Stores from $231.00 to $234.00 and gave the stock an “equal weight” rating in a report on Friday. Robert W. Baird boosted their price target on shares of Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. Finally, Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Fifteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Ross Stores currently has an average rating of “Moderate Buy” and an average price target of $263.76.
Get Our Latest Research Report on ROST
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.
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