Legal & General Group Plc Makes New Investment in Ross Stores, Inc. $ROST

Legal & General Group Plc purchased a new position in Ross Stores, Inc. (NASDAQ:ROST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,237,256 shares of the apparel retailer’s stock, valued at approximately $476,200,000.

A number of other large investors also recently modified their holdings of ROST. The Manufacturers Life Insurance Company bought a new stake in shares of Ross Stores during the second quarter valued at about $51,589,000. Fiduciary Financial Advisors acquired a new stake in Ross Stores in the second quarter worth about $49,000. L2 Asset Management LLC bought a new position in Ross Stores in the 2nd quarter valued at about $395,000. Visionary Wealth Advisors bought a new position in Ross Stores in the 2nd quarter valued at about $433,000. Finally, Cibc World Market Inc. bought a new position in Ross Stores in the 2nd quarter valued at about $13,831,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROST has been the topic of a number of recent analyst reports. Truist Financial boosted their price target on shares of Ross Stores from $290.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday. Citigroup raised their price objective on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday. Evercore set a $290.00 target price on Ross Stores in a report on Friday. Robert W. Baird upped their target price on Ross Stores from $250.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Finally, Sanford C. Bernstein increased their price target on Ross Stores from $230.00 to $240.00 and gave the company a “market perform” rating in a research note on Friday. Fifteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Ross Stores currently has a consensus rating of “Moderate Buy” and an average price target of $263.76.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $241.19 on Wednesday. Ross Stores, Inc. has a twelve month low of $143.39 and a twelve month high of $257.00. 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 firm has a 50-day moving average of $234.04 and a two-hundred day moving average of $222.81. The company has a market capitalization of $77.37 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 1.99 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.71. Ross Stores had a net margin of 10.85% and a return on equity of 39.29%. The company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.16 billion. During the same quarter in the previous year, the company posted $1.56 EPS. The business’s revenue was up 13.3% compared to the same quarter last year. As a group, analysts expect that Ross Stores, Inc. will post 8.3 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.445 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 annualized dividend and a yield of 0.7%. Ross Stores’s payout ratio is 21.55%.

Ross Stores News Roundup

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

• Positive Sentiment: Strong Q2 results and raised guidance: Ross Stores exceeded quarterly earnings and revenue expectations as customer traffic increased and margins expanded. Management also raised its fiscal 2026 outlook, providing a potential catalyst for further analyst estimate increases. Should You Buy, Sell or Hold Ross Stores Stock Post Q2 Earnings?
• Positive Sentiment: Organic growth remains compelling: An analyst commentary argues that Ross Stores’ underlying performance is stronger than any temporary benefit from tariffs, suggesting sustainable retail momentum and execution. Ross Stores: Forget The Tariff Tailwind; Organic Growth Is Even More Impressive
• Positive Sentiment: Technical setup is supportive: Ross Stores has held support across multiple time frames after a recent correction, with technical analysts identifying a possible move toward higher Fibonacci targets and a break above the $245 area. Ross Stores Price Forecast: Can ROST Break Above $245?
• Neutral Sentiment: Broker commentary characterizes ROST as a generally favorable investment, but the reports do not identify a major new price-target or rating catalyst. Ross Stores Given Average Recommendation of Moderate Buy
• Neutral Sentiment: The reported August short-interest data shows zero shares and a zero-day ratio, with an undefined percentage change. Because the figures appear incomplete or erroneous, they provide no reliable signal about short-covering or bearish positioning.

About Ross Stores

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.