AXQ Capital LP Takes Position in Ross Stores, Inc. $ROST

AXQ Capital LP purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,886 shares of the apparel retailer’s stock, valued at approximately $700,000.

Other large investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Ross Stores by 7,000.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock worth $26,000 after acquiring an additional 140 shares in the last quarter. City Holding Co. grew its position in Ross Stores by 1,080.0% during the 4th quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 162 shares during the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Ross Stores by 42.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock valued at $38,000 after acquiring an additional 63 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ross Stores in the 4th quarter valued at $38,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Ross Stores by 89.0% in the 4th quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock valued at $42,000 after acquiring an additional 105 shares during the last quarter. Institutional investors own 86.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ROST. JPMorgan Chase & Co. upped their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 price target on shares of Ross Stores in a report on Friday, May 22nd. UBS Group increased their price target on shares of Ross Stores from $227.00 to $232.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Telsey Advisory Group increased their price target on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Finally, Zacks Research raised shares of Ross Stores from a “hold” rating to a “strong-buy” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $233.18.

Ross Stores Stock Performance

NASDAQ:ROST opened at $223.82 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The company has a fifty day moving average of $221.76 and a two-hundred day moving average of $200.22. The stock has a market capitalization of $72.10 billion, a PE ratio of 31.26, a P/E/G ratio of 2.51 and a beta of 0.86. Ross Stores, Inc. has a fifty-two week low of $124.49 and a fifty-two week high of $237.41.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping 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 net margin of 9.74% and a return on equity of 38.42%. The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior 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. As a group, research analysts forecast that Ross Stores, Inc. will post 7.75 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. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio is currently 24.86%.

Insider Activity

In other news, CMO Karen Sykes sold 5,506 shares of the stock in a transaction dated 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 represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Patricia H. Mueller sold 1,881 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $213.13, for a total transaction of $400,897.53. Following the completion of the sale, the director owned 2,159 shares of the company’s stock, valued at $460,147.67. This trade represents a 46.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 25,756 shares of company stock worth $5,521,004 over the last three months. Insiders own 2.10% of the company’s stock.

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.