Global Retirement Partners LLC Buys New Stake in Ross Stores, Inc. $ROST

Key Points

• Global Retirement Partners purchased 14,868 Ross Stores shares worth approximately $3.17 million during the second quarter. Institutional investors collectively own 86.86% of ROST.
• Ross Stores reported quarterly EPS of $2.02, beating estimates of $1.73, while revenue rose 20.6% year over year to $6.01 billion. The company issued fiscal 2026 EPS guidance of $7.50–$7.74.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $240 price target. Ross Stores also pays a quarterly dividend of $0.445 per share, yielding approximately 0.7%.

Global Retirement Partners LLC purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,868 shares of the apparel retailer's stock, valued at approximately $3,165,000.

A number of other institutional investors have also modified their holdings of ROST. State Street Corp lifted its holdings in Ross Stores by 0.7% in the fourth quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer's stock valued at $2,506,099,000 after acquiring an additional 99,975 shares during the period. Bank of America Corp DE increased 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 valued at $1,222,523,000 after purchasing an additional 1,657,008 shares in the last quarter. Morgan Stanley lifted its stake 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 during the period. Norges Bank purchased a new stake in Ross Stores during the fourth quarter worth $868,360,000. Finally, Viking Global Investors LP boosted its holdings in Ross Stores by 9.9% during the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer's stock worth $605,704,000 after buying an additional 426,370 shares in the last quarter. Hedge funds and other institutional investors own 86.86% of the company's stock.

Ross Stores Price Performance

Shares of Ross Stores stock opened at $245.36 on Monday. The stock has a market capitalization of $78.71 billion, a P/E ratio of 34.27, a PEG ratio of 2.74 and a beta of 0.86. The business has a 50 day simple moving average of $233.68 and a two-hundred day simple moving average of $220.42. Ross Stores, Inc. has a 12 month low of $143.39 and a 12 month high of $257.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

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, topping analysts' consensus estimates 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 analyst estimates of $5.64 billion. During the same period in the previous year, the company posted $1.47 earnings per share. The business's 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, analysts predict that Ross Stores, Inc. will post 7.78 EPS for the current fiscal 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 paid a dividend of $0.445 per share. 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 payout ratio is 24.86%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ROST shares. Morgan Stanley set a $231.00 price objective on shares of Ross Stores in a research report on Wednesday, August 5th. Barclays upped their price target on Ross Stores from $242.00 to $260.00 and gave the stock an "overweight" rating in a report on Tuesday, May 26th. The Goldman Sachs Group reiterated a "buy" rating and set a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Zacks Research lowered Ross Stores from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Ross Stores in a research report on Monday, July 6th. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $240.00.

Ross Stores 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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