Lombard Odier Asset Management Switzerland SA Purchases Shares of 3,778 Ross Stores, Inc. $ROST

Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,778 shares of the apparel retailer’s stock, valued at approximately $818,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Ross Stores by 7,000.0% in the fourth 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 during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores during the fourth quarter worth about $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores in the 4th quarter worth about $31,000. City Holding Co. raised its holdings in shares of Ross Stores by 1,080.0% in the 4th 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 period. Finally, Virtus Advisers LLC acquired a new position in shares of Ross Stores in the 4th quarter valued at about $32,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ROST shares. 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 report on Monday, May 18th. Wall Street Zen lowered shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Telsey Advisory Group lifted their price target on shares of Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Finally, UBS Group reissued a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Up 1.9%

Shares of Ross Stores stock opened at $243.35 on Tuesday. Ross Stores, Inc. has a 1-year low of $134.37 and a 1-year high of $244.22. The company has a market capitalization of $78.06 billion, a PE ratio of 33.99, a P/E/G ratio of 2.68 and a beta of 0.87. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94. The business has a 50-day moving average of $227.08 and a 200-day moving average of $214.43.

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 company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the company posted $1.47 EPS. Ross Stores’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. As a group, equities analysts forecast 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 was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s dividend payout ratio is presently 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.