Mediolanum International Funds Ltd Boosts Stock Holdings in Ross Stores, Inc. $ROST

Mediolanum International Funds Ltd lifted its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 23.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 18,749 shares of the apparel retailer’s stock after buying an additional 3,534 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Ross Stores were worth $3,915,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ROST. Thurston Springer Miller Herd & Titak Inc. lifted its position in Ross Stores by 7,000.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores in the 4th quarter worth $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores in the fourth quarter worth $31,000. City Holding Co. raised its stake in shares of Ross Stores by 1,080.0% in the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the last quarter. Finally, Virtus Advisers LLC bought a new position in shares of Ross Stores during the fourth quarter valued at $32,000. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Ross Stores Stock Up 1.0%

Ross Stores stock opened at $235.78 on Tuesday. Ross Stores, Inc. has a one year low of $130.49 and a one year high of $242.81. The stock has a fifty day moving average of $224.63 and a 200 day moving average of $212.52. 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 $75.63 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 2.62 and a beta of 0.87.

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, topping the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the firm posted $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, sell-side analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were 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 was Tuesday, June 9th. Ross Stores’s payout ratio is 24.86%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ROST shares. Truist Financial increased their price objective on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $257.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Finally, Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 price target for the company. in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $233.18.

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.