Lido Advisors LLC Grows Stock Position in Ross Stores, Inc. $ROST

Lido Advisors LLC increased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 19.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,531 shares of the apparel retailer’s stock after purchasing an additional 2,204 shares during the quarter. Lido Advisors LLC’s holdings in Ross Stores were worth $2,932,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ROST. Independent Advisor Alliance raised its position in Ross Stores by 1.7% during the 4th quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after buying an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC lifted its stake in shares of Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after acquiring an additional 55 shares during the period. Florida Trust Wealth Management Co boosted its holdings in shares of Ross Stores by 1.7% in the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after acquiring an additional 56 shares in the last quarter. MCF Advisors LLC boosted its holdings in shares of Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after acquiring an additional 57 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in shares of Ross Stores by 2.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,448 shares of the apparel retailer’s stock worth $441,000 after acquiring an additional 59 shares during the period. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on ROST. Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Telsey Advisory Group lifted their price objective on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Barclays raised their price target on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Ross Stores Stock Performance

Shares of ROST opened at $238.89 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 52-week low of $134.37 and a 52-week high of $242.81. The company has a 50-day simple moving average of $226.43 and a 200-day simple moving average of $213.85. The company has a market capitalization of $76.63 billion, a PE ratio of 33.36, a P/E/G ratio of 2.68 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 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 38.42%. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the firm earned $1.47 earnings per share. The firm’s revenue was up 20.6% on a year-over-year basis. 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 predict that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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

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.