GS Investments Inc. Sells 7,944 Shares of Ross Stores, Inc. $ROST

GS Investments Inc. lessened its position in Ross Stores, Inc. (NASDAQ:ROST) by 27.1% in the 4th quarter, Holdings Channel reports. The firm owned 21,408 shares of the apparel retailer’s stock after selling 7,944 shares during the period. Ross Stores accounts for approximately 2.1% of GS Investments Inc.’s investment portfolio, making the stock its 16th biggest holding. GS Investments Inc.’s holdings in Ross Stores were worth $3,856,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Somerset Trust Co increased its stake in Ross Stores by 0.4% in the fourth quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock valued at $2,664,000 after purchasing an additional 55 shares in the last quarter. Independent Advisor Alliance increased its stake in Ross Stores by 1.7% in the fourth 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 stake in Ross Stores by 6.1% in the fourth 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. Florida Trust Wealth Management Co increased its stake in 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 purchasing an additional 56 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its stake in Ross Stores by 42.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock valued at $38,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Insider Buying and Selling

In related news, COO Michael J. Hartshorn sold 15,813 shares of the stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the completion of the transaction, the chief operating officer owned 116,028 shares in the company, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Patricia H. Mueller sold 1,881 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the transaction, the director owned 2,159 shares of the company’s stock, valued at $460,147.67. The trade was a 46.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 25,756 shares of company stock worth $5,521,004. 2.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ROST shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 target price on shares of Ross Stores in a research note on Friday. The Goldman Sachs Group reiterated a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a report on Friday. UBS Group upped their price target on shares of Ross Stores from $227.00 to $232.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. upped their price target on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Truist Financial upped their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and an average target price of $233.18.

Ross Stores Stock Down 0.1%

Ross Stores stock opened at $234.68 on Wednesday. The stock has a market capitalization of $75.60 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87. Ross Stores, Inc. has a twelve month low of $124.49 and a twelve month high of $236.29. 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 company has a 50 day moving average of $220.13 and a 200-day moving average of $198.32.

Ross Stores (NASDAQ:ROST) last released its quarterly 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. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.47 earnings per share. 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, equities research analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 24.86%.

Ross Stores Company 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.