Sanctuary Advisors LLC Purchases 3,461 Shares of Ross Stores, Inc. $ROST

Sanctuary Advisors LLC grew its position in Ross Stores, Inc. (NASDAQ:ROST) by 15.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 25,820 shares of the apparel retailer’s stock after buying an additional 3,461 shares during the period. Sanctuary Advisors LLC’s holdings in Ross Stores were worth $5,593,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Ross Stores by 7,000.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 142 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 140 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Ross Stores in the 4th quarter valued at approximately $26,000. Bard Associates Inc. bought a new position in Ross Stores in the 4th quarter valued at approximately $31,000. City Holding Co. lifted its holdings in shares of Ross Stores by 1,080.0% during the fourth quarter. City Holding Co. now owns 177 shares of the apparel retailer’s stock valued at $32,000 after purchasing an additional 162 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new stake in shares of Ross Stores during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 86.86% of the company’s stock.

Ross Stores Trading Up 0.3%

Ross Stores stock opened at $233.46 on Friday. The business has a 50-day simple moving average of $224.21 and a two-hundred day simple moving average of $211.92. The company has a market cap of $74.89 billion, a P/E ratio of 32.61, a P/E/G ratio of 2.62 and a beta of 0.87. Ross Stores, Inc. has a 52-week low of $129.48 and a 52-week high of $242.81. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion for 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 business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 EPS. 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. Analysts predict that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Dividend Announcement

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

Wall Street Analysts Forecast Growth

ROST has been the topic of several research analyst reports. Wells Fargo & Company cut shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price on the stock. in a research note on Tuesday, June 23rd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Guggenheim reissued a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a report on Monday, April 27th. JPMorgan Chase & Co. increased their price objective on shares of Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.18.

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.