OMERS ADMINISTRATION Corp Acquires 12,818 Shares of Ross Stores, Inc. $ROST

OMERS ADMINISTRATION Corp boosted its holdings in Ross Stores, Inc. (NASDAQ:ROST) by 106.5% during the first quarter, Holdings Channel.com reports. The firm owned 24,854 shares of the apparel retailer’s stock after acquiring an additional 12,818 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Ross Stores were worth $5,384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of 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 valued at $26,000 after purchasing an additional 140 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Ross Stores in the 4th quarter worth approximately $26,000. Bard Associates Inc. purchased a new stake in shares of Ross Stores in the 4th quarter worth approximately $31,000. City Holding Co. increased its position in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after buying an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC bought a new position in Ross Stores during the 4th quarter valued at approximately $32,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Price Performance

ROST stock opened at $238.89 on Monday. The business’s 50-day moving average is $226.43 and its two-hundred day moving average is $214.04. Ross Stores, Inc. has a fifty-two week low of $134.37 and a fifty-two week high of $242.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The company has a market cap of $76.63 billion, a price-to-earnings 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 earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the business earned $1.47 earnings per share. Ross Stores’s quarterly 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. As a group, analysts forecast that Ross Stores, Inc. will post 7.74 earnings per share for the current year.

Ross Stores Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have issued reports on ROST shares. Barclays lifted their price objective on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. UBS Group restated a “neutral” rating on shares of Ross Stores in a report on Wednesday, June 10th. Citigroup lifted their price target on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

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.