Rep. Dan Newhouse Buys Ross Stores, Inc. (NASDAQ:ROST) Stock

Representative Dan Newhouse (R-Washington) recently bought shares of Ross Stores, Inc. (NASDAQ:ROST). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ross Stores stock on August 18th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 8/18/2025.
  • Sold $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of General Mills (NYSE:GIS) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of AMETEK (NYSE:AME) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 8/18/2025.

Ross Stores Trading Down 0.3%

ROST stock traded down $0.52 during mid-day trading on Tuesday, reaching $151.35. The company had a trading volume of 240,176 shares, compared to its average volume of 3,059,465. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.98. The company has a market capitalization of $49.22 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 2.91 and a beta of 1.15. The firm has a 50 day moving average of $146.04 and a 200 day moving average of $139.36. Ross Stores, Inc. has a 12 month low of $122.36 and a 12 month high of $158.69.

Ross Stores (NASDAQ:ROSTGet Free Report) last issued its earnings results on Thursday, August 21st. The apparel retailer reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.02. Ross Stores had a net margin of 9.60% and a return on equity of 37.37%. The business had revenue of $5.53 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the prior year, the firm earned $1.59 EPS. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, equities analysts predict that Ross Stores, Inc. will post 6.17 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be issued a $0.405 dividend. The ex-dividend date is Tuesday, September 9th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.1%. Ross Stores’s dividend payout ratio is presently 25.71%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on ROST shares. Telsey Advisory Group reissued a “market perform” rating and set a $160.00 price target (up previously from $150.00) on shares of Ross Stores in a research report on Monday, August 18th. JPMorgan Chase & Co. increased their price objective on shares of Ross Stores from $156.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, August 22nd. UBS Group increased their price objective on shares of Ross Stores from $144.00 to $147.00 and gave the company a “neutral” rating in a research note on Friday, August 22nd. Morgan Stanley increased their price objective on shares of Ross Stores from $128.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, August 22nd. Finally, Jefferies Financial Group raised Ross Stores from a “hold” rating to a “buy” rating and increased their target price for the company from $135.00 to $150.00 in a research report on Wednesday, July 2nd. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Ross Stores presently has an average rating of “Moderate Buy” and a consensus price target of $160.67.

Read Our Latest Stock Report on ROST

Institutional Trading of Ross Stores

Institutional investors have recently made changes to their positions in the business. Silvercrest Asset Management Group LLC boosted its holdings in Ross Stores by 1.0% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 21,755 shares of the apparel retailer’s stock worth $3,291,000 after acquiring an additional 222 shares in the last quarter. Vident Advisory LLC boosted its stake in Ross Stores by 4.6% in the 4th quarter. Vident Advisory LLC now owns 6,466 shares of the apparel retailer’s stock worth $978,000 after purchasing an additional 282 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Ross Stores in the 4th quarter worth approximately $409,000. Woodline Partners LP acquired a new stake in Ross Stores in the 4th quarter worth approximately $3,014,000. Finally, USS Investment Management Ltd lifted its stake in shares of Ross Stores by 459.3% during the fourth quarter. USS Investment Management Ltd now owns 76,070 shares of the apparel retailer’s stock worth $11,509,000 after buying an additional 62,470 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insiders Place Their Bets

In other Ross Stores news, CMO Karen Sykes sold 4,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $151.76, for a total value of $607,040.00. Following the sale, the chief marketing officer directly owned 106,413 shares of the company’s stock, valued at approximately $16,149,236.88. This represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James Grant Conroy sold 39,351 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $146.00, for a total value of $5,745,246.00. Following the sale, the chief executive officer directly owned 157,153 shares in the company, valued at $22,944,338. This represents a 20.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 46,283 shares of company stock valued at $6,789,418. 2.20% of the stock is owned by insiders.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Ross Stores Company Profile

(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.

Further Reading

Receive News & Ratings for Ross Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ross Stores and related companies with MarketBeat.com's FREE daily email newsletter.