O Shaughnessy Asset Management LLC Increases Stock Holdings in Ross Stores, Inc. $ROST

O Shaughnessy Asset Management LLC grew its position in Ross Stores, Inc. (NASDAQ:ROST) by 15.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,280 shares of the apparel retailer’s stock after buying an additional 6,959 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Ross Stores were worth $9,238,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ROST. Norges Bank purchased a new position in shares of Ross Stores in the fourth quarter valued at $868,360,000. Holocene Advisors LP purchased a new position in shares of Ross Stores in the third quarter valued at $351,763,000. Marshall Wace LLP increased its position in shares of Ross Stores by 1,908.8% in the third quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock valued at $276,857,000 after buying an additional 1,726,324 shares in the last quarter. Bank of America Corp DE increased its position 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, Eurizon Capital SGR S.p.A. purchased a new position in shares of Ross Stores in the fourth quarter valued at $204,750,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Up 1.1%

ROST opened at $231.92 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The firm has a market cap of $74.40 billion, a P/E ratio of 32.39, a PEG ratio of 2.58 and a beta of 0.86. Ross Stores, Inc. has a 52 week low of $124.49 and a 52 week high of $237.41. The business’s fifty day simple moving average is $224.11 and its 200 day simple moving average is $203.63.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter last year, the company earned $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, equities research analysts anticipate that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

Insider Transactions at Ross Stores

In other Ross Stores news, COO Michael J. Hartshorn sold 15,813 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total value of $3,398,371.83. Following the sale, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was 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 approximately $22,331,883.20. The trade was a 5.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ROST shares. Telsey Advisory Group raised their price target on Ross Stores from $240.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Wall Street Zen raised Ross Stores from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Wells Fargo & Company increased their price objective on Ross Stores from $235.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Truist Financial increased their price objective on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Guggenheim reaffirmed a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $233.18.

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.