MASTERINVEST Kapitalanlage GmbH Invests $960,000 in Ross Stores, Inc. $ROST

MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,525 shares of the apparel retailer’s stock, valued at approximately $960,000.

Other institutional investors also recently bought and sold shares of the company. Aspect Partners LLC raised its stake in shares of Ross Stores by 251.7% in the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock worth $26,000 after buying an additional 146 shares during the period. Banque Transatlantique SA purchased a new stake in Ross Stores in the 1st quarter worth approximately $29,000. Bayforest Capital Ltd raised its stake in Ross Stores by 372.5% during the 1st quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock worth $31,000 after acquiring an additional 190 shares during the period. Ameritas Advisory Services LLC purchased a new position in Ross Stores during the second quarter valued at approximately $38,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Ross Stores in the second quarter worth approximately $38,000. 86.86% of the stock is owned by institutional investors.

Insider Activity at Ross Stores

In related news, CMO Karen Fleming sold 2,932 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $149.09, for a total value of $437,131.88. Following the completion of the sale, the chief marketing officer directly owned 88,335 shares of the company’s stock, valued at $13,169,865.15. This represents a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James Grant Conroy sold 39,351 shares of Ross Stores stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $146.00, for a total transaction of $5,745,246.00. Following the transaction, the chief executive officer directly owned 157,153 shares in the company, valued at approximately $22,944,338. The trade was a 20.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 48,720 shares of company stock worth $7,154,172 over the last three months. 2.20% of the stock is owned by corporate insiders.

Ross Stores Trading Down 0.6%

Shares of ROST opened at $182.09 on Monday. The company’s fifty day simple moving average is $164.29 and its 200-day simple moving average is $149.16. The company has a market cap of $58.90 billion, a P/E ratio of 28.45, a P/E/G ratio of 4.00 and a beta of 1.03. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. Ross Stores, Inc. has a twelve month low of $122.36 and a twelve month high of $185.00.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.20. The company had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.38 billion. Ross Stores had a return on equity of 36.75% and a net margin of 9.47%.Ross Stores’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.48 EPS. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. As a group, analysts expect that Ross Stores, Inc. will post 6.17 EPS for the current year.

Ross Stores Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, December 9th. Ross Stores’s dividend payout ratio (DPR) is presently 25.31%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Tuesday, October 14th. Barclays increased their target price on Ross Stores from $164.00 to $183.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. JPMorgan Chase & Co. boosted their price target on Ross Stores from $188.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. BTIG Research assumed coverage on shares of Ross Stores in a report on Tuesday, October 14th. They set a “neutral” rating for the company. Finally, Wells Fargo & Company boosted their target price on shares of Ross Stores from $175.00 to $180.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and an average price target of $181.19.

Ross Stores Profile

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.