X Square Capital LLC Takes $2.12 Million Position in Ross Stores, Inc. $ROST

X Square Capital LLC bought a new stake in shares of Ross Stores, Inc. (NASDAQ:ROSTFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,935 shares of the apparel retailer’s stock, valued at approximately $2,115,000.

Other hedge funds have also recently bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new stake in Ross Stores in the 4th quarter valued at about $26,000. Bard Associates Inc. bought a new position in shares of Ross Stores during the 4th quarter valued at about $31,000. Virtus Advisers LLC acquired a new position in shares of Ross Stores in the 4th quarter worth approximately $32,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Ross Stores in the 4th quarter worth approximately $38,000. Finally, Bell Investment Advisors Inc acquired a new position in shares of Ross Stores in the 2nd quarter worth approximately $43,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Ross Stores Stock Performance

Shares of ROST stock opened at $239.04 on Friday. Ross Stores, Inc. has a 1-year low of $143.39 and a 1-year high of $257.00. 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 company has a market capitalization of $76.68 billion, a price-to-earnings ratio of 28.94, a P/E/G ratio of 2.40 and a beta of 0.86. The stock’s fifty day simple moving average is $233.81 and its 200-day simple moving average is $221.86.

Ross Stores (NASDAQ:ROSTGet Free Report) last posted its quarterly earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.71. The firm 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%.Ross Stores’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.56 earnings per share. On average, sell-side analysts predict that Ross Stores, Inc. will post 8.13 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

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

Analysts Set New Price Targets

ROST has been the subject of several recent research reports. Evercore set a $290.00 target price on shares of Ross Stores in a research note on Friday. UBS Group lifted their price target on shares of Ross Stores from $232.00 to $239.00 and gave the stock a “neutral” rating in a research report on Friday. Telsey Advisory Group upped their price target on Ross Stores from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Guggenheim reaffirmed a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Finally, Truist Financial increased their price objective on Ross Stores from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.76.

Get Our Latest Report on ROST

Ross Stores News Summary

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 Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ross Stores (NASDAQ:ROST)

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