Ross Stores, Inc. $ROST Stock Holdings Boosted by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Ross Stores position by 41.3% in the second quarter, owning 514,498 shares valued at approximately $109.5 million. Institutional investors collectively hold 86.86% of the company.
• 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.
• The stock recently traded near its 12-month high at $255.23, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $239.12. Ross also pays a quarterly dividend of $0.445 per share, yielding about 0.7%.

Assenagon Asset Management S.A. lifted its position in Ross Stores, Inc. (NASDAQ:ROST - Free Report) by 41.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 514,498 shares of the apparel retailer's stock after buying an additional 150,502 shares during the period. Assenagon Asset Management S.A. owned approximately 0.16% of Ross Stores worth $109,511,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Apella Capital LLC bought a new position in Ross Stores during the second quarter valued at about $222,000. 55 North Private Wealth LLC raised its position in Ross Stores by 35.3% in the second quarter. 55 North Private Wealth LLC now owns 1,415 shares of the apparel retailer's stock worth $301,000 after acquiring an additional 369 shares in the last quarter. GAMMA Investing LLC raised its position in Ross Stores by 8.0% in the second quarter. GAMMA Investing LLC now owns 10,078 shares of the apparel retailer's stock worth $2,145,000 after acquiring an additional 744 shares in the last quarter. Central Pacific Bank Trust Division boosted its position in shares of Ross Stores by 1.9% during the 2nd quarter. Central Pacific Bank Trust Division now owns 10,875 shares of the apparel retailer's stock valued at $2,315,000 after purchasing an additional 204 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. bought a new position in shares of Ross Stores during the 2nd quarter valued at about $621,000. Institutional investors and hedge funds own 86.86% of the company's stock.

Ross Stores Stock Performance

Shares of Ross Stores stock opened at $255.23 on Friday. Ross Stores, Inc. has a 12 month low of $143.39 and a 12 month high of $257.00. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The stock has a market cap of $81.87 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 2.85 and a beta of 0.86. The business has a fifty day simple moving average of $231.66 and a 200-day simple moving average of $218.12.

Ross Stores (NASDAQ:ROST - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the prior year, the business earned $1.47 EPS. The business's revenue for the quarter 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. On average, sell-side analysts anticipate that Ross Stores, Inc. will post 7.76 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The business 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. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores's dividend payout ratio (DPR) is 24.86%.

Analyst Ratings Changes

ROST has been the topic of several recent research reports. Wall Street Zen lowered shares of Ross Stores from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 20th. The Goldman Sachs Group reissued a "buy" rating and set a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. JPMorgan Chase & Co. lifted their target price on Ross Stores from $248.00 to $251.00 and gave the stock an "overweight" rating in a report on Monday, May 18th. UBS Group reaffirmed a "neutral" rating on shares of Ross Stores in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $239.12.

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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