Focus Partners Advisor Solutions LLC Acquires New Stake in Ross Stores, Inc. $ROST

Key Points

• Focus Partners Advisor Solutions acquired 10,306 Ross Stores shares in the second quarter, valued at approximately $2.2 million. Institutional investors collectively own 86.86% of the retailer.
• Ross Stores reported quarterly EPS of $2.02, exceeding the $1.73 analyst consensus, while revenue rose 20.6% year over year to $6.01 billion. The company provided fiscal 2026 EPS guidance of $7.50 to $7.74.
• ROST shares opened at $245.36, near the analyst consensus target of $240.00. Analysts maintain a “Moderate Buy” consensus, and Ross Stores recently declared a quarterly dividend of $0.445 per share, yielding 0.7% annually.

Focus Partners Advisor Solutions LLC acquired a new stake in Ross Stores, Inc. (NASDAQ:ROST - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 10,306 shares of the apparel retailer's stock, valued at approximately $2,194,000.

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

Ross Stores Stock Up 0.2%

ROST stock opened at $245.36 on Friday. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The company's 50-day moving average price is $233.68 and its 200 day moving average price is $220.19. Ross Stores, Inc. has a 52 week low of $143.39 and a 52 week high of $257.00. The company has a market cap of $78.71 billion, a P/E ratio of 34.27, a P/E/G ratio of 2.74 and a beta of 0.86.

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

Ross Stores Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Barclays boosted their target price on Ross Stores from $242.00 to $260.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 26th. Morgan Stanley set a $231.00 price target on Ross Stores in a research note on Wednesday, August 5th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $230.00 price objective on shares of Ross Stores in a report on Friday, May 22nd. Wells Fargo & Company lowered Ross Stores from an "overweight" rating to an "equal weight" rating and set a $245.00 price objective on the stock. in a report on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. increased their price objective on Ross Stores from $248.00 to $251.00 and gave the stock an "overweight" rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $240.00.

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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