PKO Investment Management Joint Stock Co Acquires Shares of 9,000 Ross Stores, Inc. $ROST

PKO Investment Management Joint Stock Co acquired a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,000 shares of the apparel retailer’s stock, valued at approximately $1,950,000.

A number of other hedge funds have also recently modified their holdings of ROST. Somerset Trust Co grew its holdings in Ross Stores by 0.4% during the fourth quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock worth $2,664,000 after acquiring an additional 55 shares during the period. Independent Advisor Alliance lifted its holdings 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 acquiring an additional 55 shares during the period. CYBER HORNET ETFs LLC boosted its position in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after purchasing an additional 55 shares in the last quarter. Florida Trust Wealth Management Co boosted its position in Ross Stores by 1.7% in the 4th quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock worth $612,000 after purchasing an additional 56 shares in the last quarter. Finally, MCF Advisors LLC grew its stake in shares of Ross Stores by 4.6% during the 4th quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after purchasing an additional 57 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Insider Buying and Selling at Ross Stores

In other news, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer owned 116,028 shares of the company’s stock, valued at $24,935,577.48. The trade was a 11.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company’s stock.

Ross Stores Stock Up 1.8%

Ross Stores stock opened at $236.97 on Tuesday. The stock has a market capitalization of $76.02 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 2.61 and a beta of 0.86. Ross Stores, Inc. has a 12 month low of $124.49 and a 12 month high of $242.81. The business has a 50 day simple moving average of $226.57 and a 200-day simple moving average of $206.97. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last announced its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the firm posted $1.47 EPS. The business’s revenue 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. On average, analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio is currently 24.86%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ROST shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Citigroup increased their price target on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Truist Financial raised their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and issued a $290.00 price objective on shares of Ross Stores in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.18.

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.