Focus Partners Advisor Solutions LLC Invests $2.19 Million in Ross Stores, Inc. $ROST

Focus Partners Advisor Solutions LLC acquired a new position in Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, Holdings Channel reports. The fund acquired 10,306 shares of the apparel retailer’s stock, valued at approximately $2,194,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC acquired a new position in Ross Stores during the fourth quarter worth about $26,000. Bard Associates Inc. purchased a new stake in shares of Ross Stores in the fourth quarter valued at about $31,000. Virtus Advisers LLC purchased a new stake in shares of Ross Stores in the fourth quarter valued at about $32,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Ross Stores in the fourth quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC grew its position in shares of 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 last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Ross Stores Stock Performance

Shares of NASDAQ ROST opened at $245.36 on Friday. The company has a market cap of $78.71 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. Ross Stores, Inc. has a 12 month low of $143.39 and a 12 month high of $257.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The company has a 50-day simple moving average of $233.68 and a 200-day simple moving average of $220.19.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, equities analysts anticipate that Ross Stores, Inc. will post 7.78 earnings per share for the current year.

Ross Stores Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s payout ratio is 24.86%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Citigroup lifted their price objective on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. increased their target price on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Telsey Advisory Group raised their price target on Ross Stores from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Truist Financial raised their price target on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Fifteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Ross Stores has an average rating of “Moderate Buy” and a consensus price target of $240.00.

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.