Ieq Capital LLC Takes Position in Ross Stores, Inc. $ROST

Ieq Capital LLC acquired a new position in Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 122,236 shares of the apparel retailer’s stock, valued at approximately $26,018,000.

Other large investors have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores in the 4th quarter worth approximately $26,000. Bard Associates Inc. purchased a new stake in Ross Stores in the fourth quarter worth about $31,000. Virtus Advisers LLC purchased a new position in shares of Ross Stores during the fourth quarter valued at approximately $32,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ross Stores in the 4th quarter worth approximately $38,000. Finally, Salomon & Ludwin LLC increased its position in Ross Stores by 89.0% during the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock valued at $42,000 after buying an additional 105 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on ROST shares. JPMorgan Chase & Co. boosted their target price on Ross Stores from $262.00 to $272.00 and gave the stock an “overweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $294.00 price target on shares of Ross Stores in a research note on Friday. Wells Fargo & Company increased their price objective on shares of Ross Stores from $245.00 to $248.00 and gave the company an “equal weight” rating in a research report on Friday. Jefferies Financial Group lifted their target price on shares of Ross Stores from $265.00 to $285.00 and gave the stock a “buy” rating in a report on Friday. Finally, Robert W. Baird upped their target price on shares of Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ross Stores has a consensus rating of “Moderate Buy” and an average target price of $263.76.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $239.04 on Friday. 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 firm has a market cap of $76.68 billion, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 2.30 and a beta of 0.86. The business has a 50-day simple moving average of $233.81 and a two-hundred day simple moving average of $221.86. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00.

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

Ross Stores Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.445 per share. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores’s payout ratio is currently 21.55%.

Key Ross Stores News

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

Ross Stores 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.