Ross Stores, Inc. $ROST Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 8.6% during the 4th quarter, Holdings Channel reports. The fund owned 1,185,331 shares of the apparel retailer’s stock after purchasing an additional 94,269 shares during the quarter. Natixis Advisors LLC’s holdings in Ross Stores were worth $213,526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. AXQ Capital LP purchased a new position in Ross Stores during the fourth quarter worth approximately $700,000. Root Financial Partners LLC boosted its position in Ross Stores by 15.1% during the fourth quarter. Root Financial Partners LLC now owns 823 shares of the apparel retailer’s stock worth $148,000 after purchasing an additional 108 shares in the last quarter. BW Gestao de Investimentos Ltda. purchased a new position in Ross Stores during the fourth quarter worth approximately $1,404,000. Ellevest Inc. boosted its position in Ross Stores by 43.6% during the fourth quarter. Ellevest Inc. now owns 2,675 shares of the apparel retailer’s stock worth $482,000 after purchasing an additional 812 shares in the last quarter. Finally, Rothschild Wealth LLC purchased a new position in Ross Stores during the fourth quarter worth approximately $239,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Price Performance

NASDAQ:ROST opened at $224.07 on Tuesday. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $237.41. 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 stock has a market cap of $72.18 billion, a PE ratio of 31.29, a P/E/G ratio of 2.60 and a beta of 0.86. The stock has a 50 day moving average price of $221.76 and a 200 day moving average price of $200.22.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS 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 firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter last year, the firm earned $1.47 earnings per share. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is currently 24.86%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Truist Financial increased their price target on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Wells Fargo & Company increased their price target on Ross Stores from $235.00 to $245.00 and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $233.18.

Insider Activity at Ross Stores

In related news, CMO Karen Sykes sold 5,506 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the sale, the chief marketing officer owned 104,648 shares of the company’s stock, valued at approximately $22,331,883.20. This trade represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the sale, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This trade represents a 11.99% 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 valued at $5,521,004. 2.10% of the stock is currently owned by insiders.

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.