Dockside LLC Makes New Investment in Ross Stores, Inc. $ROST

Key Points

• Dockside LLC acquired 4,869 Ross Stores shares worth approximately $1.04 million in the second quarter, while 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 to fiscal 2026 EPS of $7.50–$7.74.
• Analysts maintain a consensus “Moderate Buy” rating with a $240 price target; the company also pays a quarterly dividend of $0.445 per share, yielding about 0.7% annually.

Dockside LLC acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,869 shares of the apparel retailer's stock, valued at approximately $1,036,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ROST. Hilton Head Capital Partners LLC acquired a new stake in shares of Ross Stores during the 4th quarter worth about $26,000. Bard Associates Inc. acquired a new position in Ross Stores in the fourth quarter valued at about $31,000. Virtus Advisers LLC bought a new stake in Ross Stores during the fourth quarter worth about $32,000. Fideuram Asset Management Ireland dac bought a new stake in Ross Stores during the fourth quarter worth about $38,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Ross Stores by 89.0% during the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer's stock worth $42,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company's stock.

Ross Stores Stock Up 0.2%

NASDAQ ROST opened at $245.36 on Friday. The stock has a fifty day moving average of $233.68 and a 200-day moving average of $220.19. The stock has a market capitalization of $78.71 billion, a P/E ratio of 34.27, a price-to-earnings-growth ratio of 2.74 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 company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54.

Ross Stores (NASDAQ:ROST - Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The firm's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, equities research analysts forecast that Ross Stores, Inc. will post 7.77 EPS for the current year.

Ross Stores Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given 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 is presently 24.86%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Telsey Advisory Group increased their price target on Ross Stores from $265.00 to $280.00 and gave the stock an "outperform" rating in a research report on Friday. Sanford C. Bernstein reissued a "market perform" rating and issued a $230.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Zacks Research lowered Ross Stores from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Finally, UBS Group restated a "neutral" rating on shares of Ross Stores in a research note on Wednesday, June 10th. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $240.00.

About Ross Stores

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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