Sather Financial Group Inc Has $87.28 Million Holdings in Ross Stores, Inc. $ROST

Sather Financial Group Inc reduced its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 2.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 402,878 shares of the apparel retailer’s stock after selling 11,783 shares during the period. Ross Stores makes up about 5.4% of Sather Financial Group Inc’s investment portfolio, making the stock its 4th largest position. Sather Financial Group Inc’s holdings in Ross Stores were worth $87,275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Woodline Partners LP boosted its position in shares of Ross Stores by 39.9% during the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Ross Stores by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after purchasing an additional 117 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Ross Stores by 35.8% during the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after purchasing an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in Ross Stores by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in Ross Stores by 2.2% during the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock worth $1,605,000 after buying an additional 265 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Trading Up 2.6%

Shares of Ross Stores stock traded up $5.55 during trading on Tuesday, hitting $216.91. The stock had a trading volume of 686,676 shares, compared to its average volume of 2,808,809. Ross Stores, Inc. has a 1 year low of $126.32 and a 1 year high of $242.81. The stock has a 50 day simple moving average of $225.11 and a 200 day simple moving average of $209.27. 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 market capitalization of $69.58 billion, a PE ratio of 30.28, a P/E/G ratio of 2.40 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last issued 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 net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the firm earned $1.47 EPS. The firm’s quarterly 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, research analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have issued reports on ROST shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Wells Fargo & Company lowered Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price objective for the company. in a research note on Tuesday, June 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. JPMorgan Chase & Co. boosted their target price on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Finally, Guggenheim reaffirmed a “buy” rating and set a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $233.18.

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.