Ross Stores, Inc. $ROST Position Boosted by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC boosted its position in Ross Stores, Inc. (NASDAQ:ROST) by 5,315.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 8,827 shares of the apparel retailer’s stock after buying an additional 8,664 shares during the period. Catalyst Capital Advisors LLC’s holdings in Ross Stores were worth $1,912,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Woodline Partners LP increased its stake in Ross Stores by 39.9% during the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after acquiring an additional 117 shares during the period. NewEdge Advisors LLC lifted its holdings in Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock worth $1,350,000 after acquiring an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after acquiring an additional 1,508 shares during the period. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Ross Stores by 2.2% during the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock valued at $1,605,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ROST shares. Telsey Advisory Group boosted their price objective on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Barclays boosted their price target on shares of Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Citigroup lifted their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Wells Fargo & Company lowered 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 research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

Shares of ROST opened at $233.46 on Friday. The firm has a market capitalization of $74.89 billion, a PE ratio of 32.61, a P/E/G ratio of 2.61 and a beta of 0.87. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $224.21 and a 200 day moving average price of $211.92. Ross Stores, Inc. has a 52-week low of $129.48 and a 52-week high of $242.81.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The company 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%. Ross Stores’s revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 EPS. 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, sell-side analysts anticipate 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 was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio is 24.86%.

Ross Stores 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.