Renaissance Technologies LLC Makes New $8.95 Million Investment in Ross Stores, Inc. $ROST

Renaissance Technologies LLC bought a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 41,300 shares of the apparel retailer’s stock, valued at approximately $8,947,000.

Several other large investors have also recently made changes to their positions in ROST. Ethic Inc. boosted its holdings in Ross Stores by 25.6% in the fourth 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 in the last quarter. CWM LLC grew its stake in Ross Stores by 61.1% during the 4th 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 during the last quarter. National Pension Service grew its stake in Ross Stores by 138.4% during the 4th quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock valued at $234,192,000 after purchasing an additional 754,816 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in shares of Ross Stores in the fourth quarter valued at about $204,750,000. Finally, NewEdge Wealth LLC raised its stake in shares of Ross Stores by 99.5% in 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 during the last quarter. 86.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ROST has been the subject of a number of research reports. UBS Group reaffirmed a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Zacks Research upgraded shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Finally, Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Performance

ROST opened at $251.07 on Monday. The firm has a fifty day moving average price of $229.56 and a 200 day moving average price of $216.17. Ross Stores, Inc. has a 1 year low of $134.37 and a 1 year high of $255.30. The stock has a market cap of $80.54 billion, a P/E ratio of 35.07, a P/E/G ratio of 2.82 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts anticipate that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores’s dividend payout ratio (DPR) is currently 24.86%.

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.