Ross Stores, Inc. $ROST Shares Sold by Maverick Capital Ltd.

Maverick Capital Ltd. decreased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 66.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,216 shares of the apparel retailer’s stock after selling 6,350 shares during the period. Maverick Capital Ltd.’s holdings in Ross Stores were worth $697,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ROST. Ethic Inc. boosted its stake in Ross Stores by 25.6% during the 4th 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 during the period. CWM LLC raised its holdings in shares of Ross Stores by 61.1% during the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer’s stock valued at $8,114,000 after buying an additional 17,090 shares during the last quarter. National Pension Service boosted its position in shares of Ross Stores by 138.4% during the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer’s stock worth $234,192,000 after buying an additional 754,816 shares during the period. Financial Planning Hawaii Inc. acquired a new position in shares of Ross Stores during the fourth quarter worth approximately $1,542,000. Finally, Eurizon Capital SGR S.p.A. bought a new position in Ross Stores in the 4th quarter worth approximately $204,750,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

Ross Stores Price Performance

ROST opened at $251.03 on Wednesday. The stock has a market cap of $80.53 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 2.73 and a beta of 0.87. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 1 year low of $134.37 and a 1 year high of $252.09. The stock has a fifty day moving average price of $227.84 and a 200 day moving average price of $214.88.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (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 analyst estimates of $5.64 billion. During the same quarter in the previous year, the business earned $1.47 EPS. Ross Stores’s quarterly revenue was up 20.6% compared to the same quarter last year. 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. Analysts forecast that Ross Stores, Inc. will post 7.74 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently disclosed 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 dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ross Stores’s payout ratio is currently 24.86%.

Analyst Ratings Changes

Several analysts have weighed in on ROST shares. JPMorgan Chase & Co. lifted their target price on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Truist Financial increased their target price 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. Finally, UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.