Deutsche Bank AG decreased its stake in shares of Ross Stores, Inc. (NASDAQ:ROST - Free Report) by 29.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 903,361 shares of the apparel retailer's stock after selling 373,438 shares during the period. Deutsche Bank AG owned about 0.27% of Ross Stores worth $115,441,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its position in shares of Ross Stores by 1.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,971,294 shares of the apparel retailer's stock valued at $251,912,000 after buying an additional 21,473 shares during the last quarter. ASR Vermogensbeheer N.V. purchased a new position in Ross Stores in the first quarter worth $3,017,000. Citizens Financial Group Inc. RI boosted its position in Ross Stores by 5.6% in the first quarter. Citizens Financial Group Inc. RI now owns 2,729 shares of the apparel retailer's stock worth $349,000 after purchasing an additional 144 shares during the last quarter. AXS Investments LLC boosted its position in Ross Stores by 5.8% in the first quarter. AXS Investments LLC now owns 9,418 shares of the apparel retailer's stock worth $1,204,000 after purchasing an additional 518 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Ross Stores by 17.0% in the first quarter. Vanguard Group Inc. now owns 34,121,706 shares of the apparel retailer's stock worth $4,360,413,000 after purchasing an additional 4,946,101 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company's stock.
Ross Stores Stock Performance
NASDAQ:ROST opened at $145.22 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.55. Ross Stores, Inc. has a 52-week low of $122.36 and a 52-week high of $163.60. The firm has a market cap of $47.50 billion, a price-to-earnings ratio of 22.94, a PEG ratio of 2.78 and a beta of 1.11. The business's fifty day moving average is $134.63 and its 200 day moving average is $137.27.
Ross Stores (NASDAQ:ROST - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.03. Ross Stores had a return on equity of 38.77% and a net margin of 9.79%. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.94 billion. During the same period in the previous year, the company posted $1.46 EPS. The firm's revenue for the quarter was up 2.6% compared to the same quarter last year. Research analysts predict that Ross Stores, Inc. will post 6.17 EPS for the current year.
Ross Stores Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 10th were given a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, June 10th. Ross Stores's payout ratio is presently 25.59%.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Wall Street Zen cut Ross Stores from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Barclays cut their price objective on Ross Stores from $157.00 to $156.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Jefferies Financial Group raised Ross Stores from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $135.00 to $150.00 in a research report on Wednesday, July 2nd. Loop Capital cut their price objective on Ross Stores from $175.00 to $170.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. Finally, Morgan Stanley cut their price objective on Ross Stores from $128.00 to $126.00 and set an "equal weight" rating on the stock in a research report on Friday, May 23rd. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $159.06.
Read Our Latest Research Report on ROST
About Ross Stores
(
Free Report)
Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.
Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ross Stores, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ross Stores wasn't on the list.
While Ross Stores currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.