USA Financial Formulas Invests $1.34 Million in Ross Stores, Inc. $ROST

Key Points

• USA Financial Formulas bought a $1.34 million stake in Ross Stores during the first quarter, while institutional investors collectively own 86.86% of the company.
• Ross Stores reported strong quarterly results, with EPS of $2.02 beating estimates by $0.29 and revenue rising 20.6% year over year to $6.01 billion. The company provided fiscal 2026 EPS guidance of $7.50–$7.74.
• The stock was trading at $245.36, near its 52-week high, and analysts maintained a “Moderate Buy” consensus with an average price target of $240. Ross Stores also pays a quarterly dividend of $0.445 per share, yielding approximately 0.7%.

USA Financial Formulas bought a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,187 shares of the apparel retailer's stock, valued at approximately $1,340,000. Ross Stores comprises approximately 0.2% of USA Financial Formulas' investment portfolio, making the stock its 24th biggest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Ethic Inc. grew its holdings in Ross Stores by 25.6% during the 4th quarter. Ethic Inc. now owns 23,772 shares of the apparel retailer's stock valued at $4,282,000 after purchasing an additional 4,847 shares during the last quarter. CWM LLC lifted its stake in Ross Stores by 61.1% in the fourth quarter. CWM LLC now owns 45,043 shares of the apparel retailer's stock worth $8,114,000 after purchasing an additional 17,090 shares during the last quarter. National Pension Service boosted its position in shares of Ross Stores by 138.4% during the fourth quarter. National Pension Service now owns 1,300,056 shares of the apparel retailer's stock valued at $234,192,000 after buying an additional 754,816 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in shares of Ross Stores during the fourth quarter valued at approximately $204,750,000. Finally, NewEdge Wealth LLC grew its stake in shares of Ross Stores by 99.5% during the fourth quarter. NewEdge Wealth LLC now owns 14,745 shares of the apparel retailer's stock valued at $2,656,000 after buying an additional 7,353 shares during the last quarter. Hedge funds and other institutional investors own 86.86% of the company's stock.

Ross Stores Stock Up 0.2%

NASDAQ:ROST opened at $245.36 on Friday. 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, Inc. has a 1-year low of $143.39 and a 1-year high of $257.00. The company has a 50-day moving average of $233.68 and a 200 day moving average of $220.19. The firm has a market cap of $78.71 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86.

Ross Stores (NASDAQ:ROST - Get Free Report) last posted its 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the firm posted $1.47 EPS. The company'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. As a group, research analysts anticipate that Ross Stores, Inc. will post 7.78 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued 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 dividend payout ratio (DPR) is presently 24.86%.

Analyst Upgrades and Downgrades

ROST has been the topic of several recent analyst reports. Morgan Stanley set a $231.00 price target on Ross Stores in a report on Wednesday, August 5th. Wall Street Zen cut Ross Stores from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 20th. Barclays upped their price objective on Ross Stores from $242.00 to $260.00 and gave the company an "overweight" rating in a research report on Tuesday, May 26th. Telsey Advisory Group increased their target price on Ross Stores from $265.00 to $280.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, Citigroup lifted their target price on Ross Stores from $261.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Ross Stores presently has a consensus rating of "Moderate Buy" and an average price target 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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