Raiffeisen Bank International AG raised its stake in Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 3,107.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,744 shares of the apparel retailer’s stock after acquiring an additional 10,409 shares during the quarter. Raiffeisen Bank International AG’s holdings in Ross Stores were worth $2,244,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Ross Stores during the 2nd quarter worth approximately $5,938,711,000. State Street Corp boosted its position in Ross Stores by 0.7% in the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock valued at $2,506,099,000 after buying an additional 99,975 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Ross Stores by 20.9% during the second quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after buying an additional 1,657,008 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Ross Stores during the second quarter worth $1,937,995,000. Finally, Wellington Management Group LLP increased its holdings in shares of Ross Stores by 89.2% during the second quarter. Wellington Management Group LLP now owns 6,615,682 shares of the apparel retailer’s stock worth $1,408,148,000 after buying an additional 3,118,591 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Ross Stores
Here are the key news stories impacting Ross Stores this week:
- Positive Sentiment: Zacks raised its earnings forecasts across multiple future periods. Estimates increased for Q3 2027 through Q4 2028, Q1 2029, and FY2028. The FY2028 EPS forecast rose to $8.84 from $8.33, while the Q4 2028 estimate increased to $2.48 from $2.34. These revisions suggest analysts see better-than-expected earnings potential for Ross Stores. MarketBeat Ross Stores analyst estimates
- Positive Sentiment: Recent operating results provide support for the bullish estimate revisions. In its latest reported quarter, Ross Stores generated $6.26 billion in revenue, up 13.3% year over year, and posted $2.66 in EPS versus the $1.95 consensus estimate. The earnings beat and strong revenue growth indicate continued resilience in the off-price retail model.
- Neutral Sentiment: Zacks maintained a “Hold” rating. Although its forecasts improved, the unchanged rating signals that the analyst does not yet see enough risk-adjusted upside to recommend buying the shares. The current full-year EPS consensus remains $8.15. Zacks Ross Stores growth stock analysis
- Neutral Sentiment: The Q2 2026 earnings call transcript offers additional management commentary on sales trends, margins, inventory, store expansion and the outlook, but no specific new guidance details are provided in the article listing. Ross Stores Q2 2026 earnings call transcript
- Negative Sentiment: Valuation and limited analyst conviction remain headwinds. Ross Stores trades at roughly 28 times earnings, while its shares are below the 50-day moving average. With Zacks still at Hold and no fresh near-term catalyst, investors may be taking profits after the strong earnings performance.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on ROST
Ross Stores Price Performance
Shares of NASDAQ:ROST opened at $230.69 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.98 and a current ratio of 1.61. Ross Stores, Inc. has a 52 week low of $143.39 and a 52 week high of $257.00. The firm has a market cap of $73.69 billion, a PE ratio of 27.93, a price-to-earnings-growth ratio of 1.95 and a beta of 0.85. The firm’s fifty day moving average is $234.52 and its 200-day moving average is $224.71.
Ross Stores (NASDAQ:ROST – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.16 billion. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%.Ross Stores’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.56 earnings per share. Sell-side analysts predict that Ross Stores, Inc. will post 8.15 earnings per share for the current year.
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. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, September 8th. Ross Stores’s dividend payout ratio (DPR) is 21.55%.
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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