Emerald Investment Advisers LLC Purchases Shares of 28,107 Ross Stores, Inc. $ROST

Emerald Investment Advisers LLC acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 28,107 shares of the apparel retailer’s stock, valued at approximately $5,983,000.

Several other institutional investors also recently made changes to their positions in ROST. Hilton Head Capital Partners LLC purchased a new position in shares of Ross Stores in the 4th quarter worth $26,000. Bard Associates Inc. acquired a new position in Ross Stores in the fourth quarter valued at $31,000. Virtus Advisers LLC purchased a new stake in Ross Stores during the fourth quarter valued at about $32,000. Fideuram Asset Management Ireland dac purchased a new stake in Ross Stores during the fourth quarter valued at about $38,000. Finally, Salomon & Ludwin LLC increased its stake in Ross Stores by 89.0% during the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after acquiring an additional 105 shares during the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

Ross Stores Stock Up 4.4%

Shares of NASDAQ ROST opened at $239.04 on Friday. Ross Stores, Inc. has a 12-month low of $143.39 and a 12-month high of $257.00. The company has a market cap of $76.68 billion, a P/E ratio of 28.94, a P/E/G ratio of 2.30 and a beta of 0.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a fifty day moving average price of $233.81 and a 200 day moving average price of $221.86.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, beating the consensus estimate of $1.95 by $0.71. The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.16 billion. Ross Stores had a return on equity of 40.28% and a net margin of 10.85%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company posted $1.56 earnings per share. Research analysts anticipate that Ross Stores, Inc. will post 7.81 EPS for the current fiscal year.

Ross Stores Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued 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 is Tuesday, September 8th. Ross Stores’s dividend payout ratio (DPR) is presently 21.55%.

Ross Stores News Roundup

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Sanford C. Bernstein raised their price objective on Ross Stores from $230.00 to $240.00 and gave the stock a “market perform” rating in a report on Friday. Robert W. Baird boosted their target price on Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a report on Friday. Jefferies Financial Group boosted their target price on Ross Stores from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Friday. Barclays increased their target price on shares of Ross Stores from $260.00 to $298.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Citigroup raised their price target on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.76.

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.