Ross Stores, Inc. $ROST Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lessened its stake in Ross Stores, Inc. (NASDAQ:ROST) by 23.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,017 shares of the apparel retailer’s stock after selling 4,853 shares during the period. Landscape Capital Management L.L.C.’s holdings in Ross Stores were worth $2,885,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several research firms recently commented on ROST. Wells Fargo & Company increased their price target on Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Telsey Advisory Group increased their price target on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. JPMorgan Chase & Co. increased their price target on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen raised Ross Stores from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Ross Stores currently has an average rating of “Moderate Buy” and an average target price of $233.18.

Ross Stores Stock Performance

NASDAQ:ROST opened at $240.13 on Monday. The firm has a market cap of $77.03 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 2.70 and a beta of 0.86. The stock has a fifty day moving average price of $224.97 and a 200 day moving average price of $204.55. Ross Stores, Inc. has a 12-month low of $124.49 and a 12-month high of $242.81. 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 (NASDAQ:ROST) last released its earnings results 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. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s revenue was up 20.6% compared to the same quarter last year. During the same period last year, the business posted $1.47 earnings per share. 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. Sell-side analysts anticipate that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.445 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores’s dividend payout ratio (DPR) is 24.86%.

Insiders Place Their Bets

In related news, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the completion of the transaction, the chief operating officer directly owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the transaction, the chief marketing officer owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. This trade represents a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company’s stock.

About Ross Stores

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.