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Rep. Lisa C. McClain Sells Off Shares of Ross Stores, Inc. (NASDAQ:ROST)

Ross Stores logo with Retail/Wholesale background

Key Points

  • Representative Lisa C. McClain sold shares of Ross Stores, Inc. (NASDAQ:ROST) valued between $1,001 and $15,000 on June 24th, 2023.
  • Ross Stores recently reported earnings of $1.47 per share, exceeding analysts' expectations, and generated $4.98 billion in revenue for the quarter.
  • The company declared a quarterly dividend of $0.405, resulting in an annualized dividend yield of 1.1% and a payout ratio of 25.59%.
  • Looking to export and analyze Ross Stores data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Ross Stores, Inc. NASDAQ: ROST. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Ross Stores stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Ross Stores Stock Performance

Shares of NASDAQ:ROST opened at $146.94 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.55 and a quick ratio of 0.95. The business's 50 day moving average price is $135.11 and its 200-day moving average price is $137.25. The firm has a market capitalization of $48.06 billion, a PE ratio of 23.21, a P/E/G ratio of 2.82 and a beta of 1.11. Ross Stores, Inc. has a 1 year low of $122.36 and a 1 year high of $163.60.

Ross Stores (NASDAQ:ROST - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.03. The firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.94 billion. Ross Stores had a return on equity of 38.77% and a net margin of 9.79%. The business's revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.46 earnings per share. As a group, equities research analysts expect that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th were paid a $0.405 dividend. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.1%. Ross Stores's payout ratio is currently 25.59%.

Institutional Investors Weigh In On Ross Stores

A number of institutional investors have recently modified their holdings of ROST. Vanguard Group Inc. grew its stake in shares of Ross Stores by 14.8% in the second quarter. Vanguard Group Inc. now owns 39,182,660 shares of the apparel retailer's stock valued at $4,998,924,000 after buying an additional 5,060,954 shares in the last quarter. Norges Bank acquired a new stake in shares of Ross Stores in the second quarter valued at $521,159,000. Price T Rowe Associates Inc. MD grew its stake in shares of Ross Stores by 25.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,515,891 shares of the apparel retailer's stock valued at $2,952,170,000 after buying an additional 3,995,760 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Ross Stores by 20.9% in the second 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 buying an additional 1,657,008 shares in the last quarter. Finally, EdgePoint Investment Group Inc. grew its stake in shares of Ross Stores by 59.3% in the first quarter. EdgePoint Investment Group Inc. now owns 4,055,088 shares of the apparel retailer's stock valued at $518,200,000 after buying an additional 1,509,815 shares in the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ROST. Morgan Stanley reduced their price objective on Ross Stores from $128.00 to $126.00 and set an "equal weight" rating on the stock in a research report on Friday, May 23rd. Telsey Advisory Group reiterated a "market perform" rating and set a $150.00 price objective on shares of Ross Stores in a research report on Friday, May 23rd. Loop Capital reduced their price objective on Ross Stores from $175.00 to $170.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. Wells Fargo & Company reduced their price objective on Ross Stores from $155.00 to $150.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Ross Stores from $154.00 to $156.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $159.06.

View Our Latest Stock Report on ROST

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Ross Stores

(Get Free Report)

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.

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