Pinnbrook Capital Management LP Purchases New Holdings in Ross Stores, Inc. $ROST

Pinnbrook Capital Management LP acquired a new position in Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 39,593 shares of the apparel retailer’s stock, valued at approximately $8,427,000.

A number of other institutional investors have also recently bought and sold shares of ROST. Hilton Head Capital Partners LLC purchased a new stake in shares of Ross Stores during the 4th quarter valued at $26,000. Bard Associates Inc. purchased a new position in shares of Ross Stores in the 4th quarter worth about $31,000. Virtus Advisers LLC bought a new position in Ross Stores during the fourth quarter valued at about $32,000. Fideuram Asset Management Ireland dac bought a new position in Ross Stores during the fourth quarter valued at about $38,000. Finally, Bell Investment Advisors Inc bought a new position in Ross Stores during the second quarter valued at about $43,000. Institutional investors own 86.86% of the company’s stock.

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

Ross Stores Price Performance

NASDAQ ROST opened at $239.04 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The company has a market cap of $76.68 billion, a PE ratio of 28.94, a price-to-earnings-growth ratio of 2.40 and a beta of 0.86. Ross Stores, Inc. has a 52 week low of $143.39 and a 52 week high of $257.00. The firm’s 50-day simple moving average is $233.81 and its two-hundred day simple moving average is $221.86.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $6.16 billion. During the same quarter last year, the company earned $1.56 earnings per share. The company’s revenue was up 13.3% on a year-over-year basis. Research analysts predict that Ross Stores, Inc. will post 8.13 earnings per share for the current year.

Ross Stores Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have commented on ROST. JPMorgan Chase & Co. lifted their price objective on shares of Ross Stores from $262.00 to $272.00 and gave the stock an “overweight” rating in a research report on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. Evercore set a $290.00 price target on shares of Ross Stores in a research note on Friday. Zacks Research cut shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen downgraded Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Fifteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Ross Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.76.

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.