6,000 Shares in Ross Stores, Inc. $ROST Purchased by Capital Management Associates NY

Capital Management Associates NY purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,000 shares of the apparel retailer’s stock, valued at approximately $1,081,000.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. City Holding Co. raised its holdings in Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares in the last quarter. JFS Wealth Advisors LLC raised its holdings in Ross Stores by 42.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock worth $38,000 after purchasing an additional 63 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in Ross Stores by 89.0% during the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 105 shares in the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in Ross Stores by 396.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 248 shares of the apparel retailer’s stock valued at $46,000 after buying an additional 198 shares in the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores Price Performance

ROST stock opened at $234.81 on Tuesday. The company’s 50 day simple moving average is $219.56 and its 200-day simple moving average is $197.81. The firm has a market capitalization of $75.64 billion, a PE ratio of 32.79, a P/E/G ratio of 3.11 and a beta of 0.87. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $235.80. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.58 and a quick ratio of 1.04.

Ross Stores (NASDAQ:ROST) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 39.02%. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the business earned $1.47 earnings per share. Ross Stores’s revenue was up 20.6% compared to the same quarter last year. 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 analysts expect that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is 24.86%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ROST. UBS Group increased their target price on shares of Ross Stores from $227.00 to $232.00 and gave the company a “neutral” rating in a report on Friday. Telsey Advisory Group increased their target price on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday. Citigroup increased their target price on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday. Truist Financial increased their target price on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a report on Friday. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ross Stores presently has a consensus rating of “Moderate Buy” and an average target price of $230.88.

Insider Buying and Selling

In related news, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $213.13, for a total transaction of $400,897.53. Following the sale, the director owned 2,159 shares in the company, valued at approximately $460,147.67. This trade represents a 46.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the sale, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 25,756 shares of company stock worth $5,521,004. 2.10% of the stock is owned by insiders.

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.