CX Institutional Has $642,000 Stock Holdings in Ross Stores, Inc. $ROST

Key Points

• CX Institutional cut its Ross Stores stake by 91.2% in the second quarter, selling 31,414 shares and retaining 3,016 shares valued at approximately $642,000. Institutional investors collectively own 86.86% of the company.
• Ross Stores reported quarterly EPS of $2.02, beating estimates by $0.29, while revenue rose 20.6% year over year to $6.01 billion. The company guided for fiscal 2026 EPS of $7.50–$7.74.
• The stock recently traded at $254.31, near its 52-week high, while analysts maintained a “Moderate Buy” consensus with an average price target of $239.12. Ross also announced a $0.445 quarterly dividend, implying a 0.7% yield.

CX Institutional decreased its holdings in Ross Stores, Inc. (NASDAQ:ROST - Free Report) by 91.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,016 shares of the apparel retailer's stock after selling 31,414 shares during the period. CX Institutional's holdings in Ross Stores were worth $642,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. State Street Corp lifted its holdings in shares of Ross Stores by 0.7% during the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer's stock worth $2,506,099,000 after buying an additional 99,975 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Ross Stores by 20.9% during the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer's stock worth $1,222,523,000 after acquiring an additional 1,657,008 shares during the period. Morgan Stanley boosted its holdings in shares of Ross Stores by 1.5% in the 4th quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer's stock valued at $979,384,000 after purchasing an additional 79,519 shares in the last quarter. Norges Bank acquired a new stake in Ross Stores in the fourth quarter valued at about $868,360,000. Finally, Viking Global Investors LP grew its holdings in shares of Ross Stores by 9.9% during the 2nd quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer's stock valued at $605,704,000 after purchasing an additional 426,370 shares during the last quarter. 86.86% of the stock is owned by institutional investors.

Ross Stores Trading Up 0.4%

Shares of Ross Stores stock opened at $254.31 on Friday. Ross Stores, Inc. has a 52-week low of $143.39 and a 52-week high of $257.00. The stock has a market capitalization of $81.58 billion, a P/E ratio of 35.52, a P/E/G ratio of 2.84 and a beta of 0.86. 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 stock's 50-day simple moving average is $231.19 and its 200 day simple moving average is $217.86.

Ross Stores (NASDAQ:ROST - Get Free Report) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the business posted $1.47 earnings per share. The business's quarterly revenue was up 20.6% on a year-over-year basis. 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, research analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were given a $0.445 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores's payout ratio is 24.86%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ROST. Zacks Research lowered Ross Stores from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an "overweight" rating in a research note on Monday, May 18th. Sanford C. Bernstein reissued a "market perform" rating and issued a $230.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. UBS Group reissued a "neutral" rating on shares of Ross Stores in a research report on Wednesday, June 10th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Ross Stores in a research report on Monday, July 6th. Fifteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $239.12.

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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