Hahn Capital Management LLC Sells 37,348 Shares of Ross Stores, Inc. $ROST

Key Points

• Hahn Capital Management cut its Ross Stores position by 60.3% in the fourth quarter, selling 37,348 shares and leaving it with 24,637 shares worth about $4.44 million.
• Ross Stores reported strong quarterly results, with EPS of $2.02 and revenue of $6.01 billion, both ahead of Wall Street estimates. Revenue jumped 20.6% year over year, and the company raised FY 2026 and Q2 2026 guidance.
• Analysts remain mostly positive on the stock, with a Moderate Buy consensus and an average price target of $233.18. The shares were trading near $232.80, close to their 52-week high.

Hahn Capital Management LLC trimmed its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST - Free Report) by 60.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,637 shares of the apparel retailer's stock after selling 37,348 shares during the quarter. Ross Stores makes up approximately 2.4% of Hahn Capital Management LLC's investment portfolio, making the stock its 20th biggest holding. Hahn Capital Management LLC's holdings in Ross Stores were worth $4,438,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ROST. Woodline Partners LP boosted its position in Ross Stores by 39.9% during the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer's stock valued at $3,562,000 after acquiring an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Ross Stores by 23.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer's stock worth $79,000 after acquiring an additional 117 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Ross Stores by 35.8% in the 2nd quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer's stock worth $1,350,000 after acquiring an additional 2,792 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of Ross Stores by 1.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer's stock worth $19,200,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in shares of Ross Stores by 2.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer's stock worth $1,605,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 86.86% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $257.00 price objective on shares of Ross Stores in a research report on Friday, May 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the stock an "overweight" rating in a research report on Monday, May 18th. Citigroup lifted their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. The Goldman Sachs Group reiterated a "buy" rating and set a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Finally, Zacks Research raised shares of Ross Stores from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $233.18.

Ross Stores Trading Down 0.2%

Shares of NASDAQ:ROST opened at $232.80 on Friday. The business's 50-day moving average is $226.16 and its 200 day moving average is $206.16. Ross Stores, Inc. has a 1 year low of $124.49 and a 1 year high of $242.81. The firm has a market capitalization of $74.68 billion, a P/E ratio of 32.51, a P/E/G ratio of 2.62 and a beta of 0.86. 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 released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to analysts' expectations 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 was up 20.6% compared to the same quarter last year. During the same period last year, the business 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, research analysts predict that Ross Stores, Inc. will post 7.74 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores's dividend payout ratio (DPR) is presently 24.86%.

Insider Activity at Ross Stores

In related news, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total value of $1,174,980.40. Following the completion of the sale, the chief marketing officer directly owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the completion of the sale, the chief operating officer owned 116,028 shares of the company's stock, valued at $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.10% of the company's stock.

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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