Crown Advisors Management Inc. Acquires New Position in Ross Stores, Inc. $ROST

Key Points

• Crown Advisors Management acquired 26,000 Ross Stores shares worth approximately $5.5 million in the second quarter, making ROST its ninth-largest holding at 3% of the portfolio.
• Ross Stores has broad institutional support, with institutions owning 86.86% of outstanding shares. Analysts maintain a “Moderate Buy” consensus rating and an average price target of $240.
• The retailer exceeded quarterly expectations, reporting $2.02 in earnings per share and $6.01 billion in revenue, while revenue increased 20.6% year over year; it also pays a $0.445 quarterly dividend, yielding about 0.7%.

Crown Advisors Management Inc. bought a new position in Ross Stores, Inc. (NASDAQ:ROST - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 26,000 shares of the apparel retailer's stock, valued at approximately $5,534,000. Ross Stores makes up about 3.0% of Crown Advisors Management Inc.'s portfolio, making the stock its 9th biggest holding.

A number of other hedge funds have also modified their holdings of ROST. Hilton Head Capital Partners LLC bought a new stake in shares of Ross Stores during the 4th quarter valued at $26,000. Bard Associates Inc. bought a new position in Ross Stores in the 4th quarter worth $31,000. Virtus Advisers LLC bought a new position in Ross Stores in the 4th quarter worth $32,000. Bell Investment Advisors Inc purchased a new stake in Ross Stores in the 2nd quarter worth $43,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in Ross Stores in the 4th quarter worth $38,000. 86.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ROST has been the topic of a number of recent analyst reports. Barclays raised their price target on Ross Stores from $242.00 to $260.00 and gave the company an "overweight" rating in a report on Tuesday, May 26th. Morgan Stanley set a $231.00 target price on Ross Stores in a research report on Wednesday, August 5th. Sanford C. Bernstein reissued a "market perform" rating and set a $230.00 target price on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. boosted their price target on Ross Stores from $248.00 to $251.00 and gave the stock an "overweight" rating in a report on Monday, May 18th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Ross Stores in a report on Wednesday, June 10th. Fifteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $240.00.

Ross Stores Stock Performance

Shares of Ross Stores stock opened at $245.36 on Monday. The stock's fifty day moving average is $233.68 and its two-hundred day moving average is $220.42. The company has a market capitalization of $78.71 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a 52 week low of $143.39 and a 52 week high of $257.00.

Ross Stores (NASDAQ:ROST - Get Free Report) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period last year, the company earned $1.47 earnings per share. 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. As a group, analysts expect that Ross Stores, Inc. will post 7.78 earnings per share for the current year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a dividend of $0.445 per share. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores's dividend payout ratio (DPR) is presently 24.86%.

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.

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