Nomura Asset Management Co. Ltd. Sells 57,026 Shares of Ross Stores, Inc. $ROST

Nomura Asset Management Co. Ltd. lowered its stake in Ross Stores, Inc. (NASDAQ:ROST) by 14.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 332,065 shares of the apparel retailer’s stock after selling 57,026 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Ross Stores were worth $59,818,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Somerset Trust Co lifted 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 buying an additional 55 shares in the last quarter. Independent Advisor Alliance lifted 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 buying an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC lifted 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 buying an additional 55 shares in the last quarter. Florida Trust Wealth Management Co lifted 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 buying an additional 56 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted 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 buying an additional 63 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Insiders Place Their Bets

In other Ross Stores news, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the sale, the chief marketing officer directly owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. This represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Patricia H. Mueller sold 1,881 shares of the company’s 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 sale, the director directly owned 2,159 shares in the company, valued at $460,147.67. This trade represents a 46.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,756 shares of company stock valued at $5,521,004. 2.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ROST has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. UBS Group boosted their price objective on shares of Ross Stores from $227.00 to $232.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Barclays boosted their price objective on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

Shares of ROST stock opened at $231.73 on Monday. 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’s fifty day simple moving average is $221.49 and its 200-day simple moving average is $199.79. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $237.41. The firm has a market cap of $74.65 billion, a PE ratio of 32.36, a P/E/G ratio of 2.60 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the firm posted $1.47 earnings per share. The company’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. Equities research analysts expect that Ross Stores, Inc. will post 7.75 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is 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.