Canada Pension Plan Investment Board Purchases New Stake in Ross Stores, Inc. $ROST

Canada Pension Plan Investment Board purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,120,609 shares of the apparel retailer’s stock, valued at approximately $238,522,000. Canada Pension Plan Investment Board owned approximately 0.35% of Ross Stores as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cooper Financial Group lifted its holdings in shares of Ross Stores by 2.8% during the 2nd quarter. Cooper Financial Group now owns 1,919 shares of the apparel retailer’s stock valued at $409,000 after acquiring an additional 52 shares in the last quarter. Independent Advisor Alliance increased its holdings in Ross Stores by 1.7% in the 4th quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock valued at $596,000 after purchasing an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC increased its holdings in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after purchasing an additional 55 shares in the last quarter. MCF Advisors LLC raised its position in 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 purchasing an additional 57 shares during the period. Finally, Caxton Associates LLP raised its position in Ross Stores by 4.3% in the first quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock valued at $308,000 after purchasing an additional 58 shares during the period. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ROST has been the subject of several analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Robert W. Baird boosted their price target on Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Morgan Stanley upped their price target on Ross Stores from $231.00 to $234.00 and gave the stock an “equal weight” rating in a report on Friday. Telsey Advisory Group increased their price objective on shares of Ross Stores from $265.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Truist Financial lifted their price objective on shares of Ross Stores from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $263.76.

More Ross Stores News

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Strong Q2 results and raised guidance: Ross Stores exceeded quarterly earnings and revenue expectations as customer traffic increased and margins expanded. Management also raised its fiscal 2026 outlook, providing a potential catalyst for further analyst estimate increases. Should You Buy, Sell or Hold Ross Stores Stock Post Q2 Earnings?
• Positive Sentiment: Organic growth remains compelling: An analyst commentary argues that Ross Stores’ underlying performance is stronger than any temporary benefit from tariffs, suggesting sustainable retail momentum and execution. Ross Stores: Forget The Tariff Tailwind; Organic Growth Is Even More Impressive
• Positive Sentiment: Technical setup is supportive: Ross Stores has held support across multiple time frames after a recent correction, with technical analysts identifying a possible move toward higher Fibonacci targets and a break above the $245 area. Ross Stores Price Forecast: Can ROST Break Above $245?
• Neutral Sentiment: Broker commentary characterizes ROST as a generally favorable investment, but the reports do not identify a major new price-target or rating catalyst. Ross Stores Given Average Recommendation of Moderate Buy
• Neutral Sentiment: The reported August short-interest data shows zero shares and a zero-day ratio, with an undefined percentage change. Because the figures appear incomplete or erroneous, they provide no reliable signal about short-covering or bearish positioning.

Ross Stores Stock Down 0.1%

Shares of Ross Stores stock opened at $241.19 on Wednesday. The business has a 50-day moving average of $234.04 and a 200-day moving average of $222.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.61 and a quick ratio of 0.98. The company has a market capitalization of $77.37 billion, a PE ratio of 29.20, a P/E/G ratio of 1.99 and a beta of 0.86. Ross Stores, Inc. has a 1-year low of $143.39 and a 1-year high of $257.00.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, topping the consensus estimate of $1.95 by $0.71. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%.The business had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.16 billion. During the same quarter in the previous year, the firm posted $1.56 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. As a group, equities analysts forecast that Ross Stores, Inc. will post 8.3 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 8th. Ross Stores’s dividend payout ratio is 21.55%.

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.