Ross Stores, Inc. $ROST Shares Sold by TD Asset Management Inc

TD Asset Management Inc reduced its stake in shares of Ross Stores, Inc. (NASDAQ:ROST) by 44.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 415,018 shares of the apparel retailer’s stock after selling 335,326 shares during the period. TD Asset Management Inc owned approximately 0.13% of Ross Stores worth $63,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gateway Investment Advisers LLC lifted its stake in shares of Ross Stores by 3.1% in the third quarter. Gateway Investment Advisers LLC now owns 2,303 shares of the apparel retailer’s stock valued at $351,000 after purchasing an additional 69 shares during the period. Empirical Finance LLC increased its holdings in Ross Stores by 0.6% in the second quarter. Empirical Finance LLC now owns 12,032 shares of the apparel retailer’s stock valued at $1,535,000 after buying an additional 74 shares in the last quarter. Legacy Financial Advisors Inc. lifted its position in shares of Ross Stores by 4.7% during the 3rd quarter. Legacy Financial Advisors Inc. now owns 1,684 shares of the apparel retailer’s stock valued at $257,000 after acquiring an additional 75 shares during the period. Klingman & Associates LLC boosted its stake in shares of Ross Stores by 1.5% during the 3rd quarter. Klingman & Associates LLC now owns 5,421 shares of the apparel retailer’s stock worth $826,000 after acquiring an additional 79 shares in the last quarter. Finally, Alteri Wealth LLC grew its holdings in shares of Ross Stores by 2.2% in the 3rd quarter. Alteri Wealth LLC now owns 3,882 shares of the apparel retailer’s stock worth $592,000 after acquiring an additional 85 shares during the period. 86.86% of the stock is owned by institutional investors and hedge funds.

Key Ross Stores News

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

• Positive Sentiment: Zacks says ROST shows momentum heading into Q4, expecting a likely beat driven by strong comps, broad merchandise strength and the resilience of the off‑price model. Ross Stores Stock Shows Momentum Before Q4 Results
• Positive Sentiment: Seeking Alpha reports ROST hit a new record high as the market rewards its value focus and momentum created by strong results at peer TJX. Ross Stores sets a new record high
• Positive Sentiment: Telsey Advisory Group raised its price target to $220 (from $175) while keeping a Market Perform rating — a notable lift to near‑term upside expectations. Telsey raises ROST price target
• Positive Sentiment: Yahoo Finance highlights how competitor retail bankruptcies may provide Ross multi‑quarter margin tailwinds (less competition for discounted inventory/pricing leverage). Ross Stores Turns Retail Bankruptcies Into Potential Multi Quarter Margin Tailwind
• Positive Sentiment: AmericanBankingNews reports JPMorgan sees strong price appreciation potential for ROST, adding institutional confidence to the bullish narrative. JPMorgan Forecasts Strong Price Appreciation
• Neutral Sentiment: Zacks includes Ross among discount retailers (with COST, TGT, DG) that look well placed given pricing and inventory trends — supportive sector context but not company‑specific new information. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
• Neutral Sentiment: Bernstein nudged its target to $180 but kept a Market Perform rating — a modest upgrade that signals improving data (card spend) but not a full conviction buy signal. Bernstein raises target
• Neutral Sentiment: Zacks pieces on earnings‑ESP and “stocks to watch” mention Ross as one to consider before results — informational for traders using short‑term beat signals. Why Investors Need to Take Advantage…

Ross Stores Stock Up 1.0%

Shares of NASDAQ:ROST opened at $203.50 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.52 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $65.82 billion, a P/E ratio of 31.80, a P/E/G ratio of 3.49 and a beta of 0.99. Ross Stores, Inc. has a 52-week low of $122.36 and a 52-week high of $204.85. The stock’s fifty day simple moving average is $190.10 and its 200-day simple moving average is $169.50.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ROST shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Friday, January 9th. Wall Street Zen upgraded Ross Stores from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Guggenheim raised Ross Stores to a “strong-buy” rating in a research note on Wednesday, December 10th. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Ross Stores in a research note on Tuesday, January 6th. Finally, TD Cowen restated a “buy” rating on shares of Ross Stores in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $195.78.

Ross Stores 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.