D.A. Davidson & CO. Reduces Holdings in Ross Stores, Inc. $ROST

D.A. Davidson & CO. decreased its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 11.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 61,522 shares of the apparel retailer’s stock after selling 7,753 shares during the quarter. D.A. Davidson & CO.’s holdings in Ross Stores were worth $13,328,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Ethic Inc. grew its position in shares of Ross Stores by 25.6% in the fourth quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer’s stock valued at $4,282,000 after purchasing an additional 4,847 shares in the last quarter. CWM LLC raised its stake in shares of Ross Stores by 61.1% during the 4th quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after purchasing an additional 17,090 shares during the period. National Pension Service lifted its holdings in Ross Stores by 138.4% during the 4th quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after purchasing an additional 754,816 shares in the last quarter. Financial Planning Hawaii Inc. purchased a new stake in Ross Stores during the 4th quarter worth about $1,542,000. Finally, Jefferies Financial Group Inc. boosted its stake in Ross Stores by 744.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 211,676 shares of the apparel retailer’s stock worth $38,131,000 after purchasing an additional 186,619 shares during the period. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on ROST shares. Wells Fargo & Company lowered Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price for the company. in a report on Tuesday, June 23rd. Truist Financial increased their price target on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Sanford C. Bernstein restated a “market perform” rating and issued a $230.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. Citigroup boosted their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Telsey Advisory Group upped their target price on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Stock Performance

NASDAQ:ROST opened at $232.72 on Friday. The business’s 50-day moving average price is $224.06 and its two-hundred day moving average price is $211.77. Ross Stores, Inc. has a twelve month low of $128.82 and a twelve month high of $242.81. The stock has a market cap of $74.65 billion, a P/E ratio of 32.50, a PEG ratio of 2.54 and a beta of 0.87. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, equities analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Announces Dividend

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

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.