Sapient Capital LLC Makes New Investment in Ross Stores, Inc. $ROST

Sapient Capital LLC purchased a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the first quarter, Holdings Channel reports. The fund purchased 2,223 shares of the apparel retailer’s stock, valued at approximately $482,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Independent Advisor Alliance raised its holdings in Ross Stores by 1.7% in the 4th quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock valued at $596,000 after buying an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC increased its position in Ross Stores by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock valued at $172,000 after acquiring an additional 55 shares during the period. Florida Trust Wealth Management Co raised its stake in shares of Ross Stores by 1.7% during the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after acquiring an additional 56 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of Ross Stores by 4.6% during the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock worth $233,000 after purchasing an additional 57 shares during the period. Finally, Caxton Associates LLP lifted its holdings in shares of Ross Stores by 4.3% during the first quarter. Caxton Associates LLP now owns 1,421 shares of the apparel retailer’s stock worth $308,000 after purchasing an additional 58 shares during the period. 86.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ROST. Barclays raised their target price on Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research report on Wednesday, June 10th. Truist Financial increased their price target on Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Zacks Research upgraded Ross Stores from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. One equities research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Ross Stores Price Performance

Shares of ROST opened at $251.06 on Wednesday. Ross Stores, Inc. has a 52-week low of $140.71 and a 52-week high of $257.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The business’s 50 day moving average price is $230.25 and its two-hundred day moving average price is $217.01. The firm has a market cap of $80.54 billion, a PE ratio of 35.06, a price-to-earnings-growth ratio of 2.84 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping the consensus estimate of $1.73 by $0.29. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted $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. On average, equities analysts anticipate that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, June 9th. Ross Stores’s dividend payout ratio (DPR) is presently 24.86%.

Ross Stores Company 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.