Wealth High Governance Capital Ltda Takes Position in Ross Stores, Inc. $ROST

Key Points

• Wealth High Governance Capital Ltda acquired 41,405 Ross Stores shares worth approximately $8.8 million, making ROST its 19th-largest holding and representing 2.6% of its portfolio. Institutional investors and hedge funds collectively own 86.86% of the company.
• Ross Stores delivered a strong second quarter: EPS was $2.66 versus the $1.95 consensus, revenue rose 13.3% to $6.26 billion, and comparable-store sales increased 10%. Management raised fiscal 2026 EPS guidance to $8.61–$8.77 and increased its store-opening plan to 115 locations.
• Analysts generally remain bullish, with a Moderate Buy consensus and an average price target of $263.76, although a $253 million tariff refund benefited quarterly operating income and could create a comparison headwind. BTIG maintained a Hold rating, citing the stock’s premium valuation.

Wealth High Governance Capital Ltda bought a new position in shares of Ross Stores, Inc. (NASDAQ:ROST - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,405 shares of the apparel retailer's stock, valued at approximately $8,813,000. Ross Stores comprises about 2.6% of Wealth High Governance Capital Ltda's portfolio, making the stock its 19th largest holding.

A number of other institutional investors have also modified their holdings of the business. Hilton Head Capital Partners LLC acquired a new position in Ross Stores in the fourth quarter valued at $26,000. Bard Associates Inc. acquired a new stake in shares of Ross Stores during the fourth quarter worth about $31,000. Virtus Advisers LLC acquired a new stake in shares of Ross Stores during the fourth quarter worth about $32,000. Bell Investment Advisors Inc purchased a new position in shares of Ross Stores during the second quarter worth about $43,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in shares of Ross Stores during the second quarter worth about $44,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Key Ross Stores News

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

Ross Stores Price Performance

Shares of ROST opened at $239.04 on Monday. The company has a current ratio of 1.61, a quick ratio of 0.98 and a debt-to-equity ratio of 0.12. The stock's 50 day moving average is $233.81 and its two-hundred day moving average is $222.09. Ross Stores, Inc. has a twelve month low of $143.39 and a twelve month high of $257.00. The firm has a market capitalization of $76.68 billion, a PE ratio of 28.94, a P/E/G ratio of 2.30 and a beta of 0.86.

Ross Stores (NASDAQ:ROST - Get Free Report) last issued its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.71. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%.The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.16 billion. During the same period in the prior year, the business posted $1.56 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts anticipate that Ross Stores, Inc. will post 8.13 earnings per share for the current year.

Ross Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.445 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. Ross Stores's dividend payout ratio (DPR) is 21.55%.

Analyst Upgrades and Downgrades

Several analysts have commented on ROST shares. UBS Group upped their price objective on Ross Stores from $232.00 to $239.00 and gave the company a "neutral" rating in a research note on Friday. Truist Financial lifted their target price on Ross Stores from $290.00 to $310.00 and gave the company a "buy" rating in a research note on Friday. Jefferies Financial Group boosted their target price on Ross Stores from $265.00 to $285.00 and gave the company a "buy" rating in a report on Friday. Guggenheim restated a "buy" rating and set a $290.00 price target on shares of Ross Stores in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. increased their price target on Ross Stores from $262.00 to $272.00 and gave the stock an "overweight" rating in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Ross Stores has an average rating of "Moderate Buy" and an average price target of $263.76.

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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