Savant Capital LLC Lowers Stock Position in Ross Stores, Inc. $ROST

Savant Capital LLC cut its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 37.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,593 shares of the apparel retailer’s stock after selling 4,022 shares during the period. Savant Capital LLC’s holdings in Ross Stores were worth $1,188,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew 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 worth $26,000 after acquiring an additional 140 shares during the last quarter. City Holding Co. grew its position 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 worth $32,000 after acquiring an additional 162 shares during the last quarter. JFS Wealth Advisors LLC grew its position in shares of Ross Stores by 42.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 211 shares of the apparel retailer’s stock worth $38,000 after acquiring an additional 63 shares during the last quarter. Salomon & Ludwin LLC grew its position in shares of Ross Stores by 89.0% during the fourth quarter. Salomon & Ludwin LLC now owns 223 shares of the apparel retailer’s stock worth $42,000 after acquiring an additional 105 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its position in shares of Ross Stores by 396.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 248 shares of the apparel retailer’s stock worth $46,000 after acquiring an additional 198 shares during the last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ROST shares. JPMorgan Chase & Co. raised their target price on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Telsey Advisory Group raised their target price on shares of Ross Stores from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Barclays raised their target price on shares of Ross Stores from $242.00 to $260.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. The Goldman Sachs Group restated a “buy” rating and set a $270.00 target price on shares of Ross Stores in a research report on Friday, May 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.18.

Ross Stores Price Performance

Ross Stores stock opened at $224.07 on Tuesday. Ross Stores, Inc. has a one year low of $124.49 and a one year high of $237.41. 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 has a fifty day moving average of $221.76 and a two-hundred day moving average of $200.22. The company has a market cap of $72.18 billion, a P/E ratio of 31.29, a price-to-earnings-growth ratio of 2.60 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the company earned $1.47 earnings per share. Ross Stores’s quarterly revenue was up 20.6% compared to the same quarter last year. 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, analysts predict that Ross Stores, Inc. will post 7.75 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

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

Insider Buying and Selling at Ross Stores

In other news, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the transaction, the chief marketing officer owned 104,648 shares of the company’s stock, valued at $22,331,883.20. The trade was a 5.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Michael J. Hartshorn sold 15,813 shares of Ross Stores stock in a transaction on 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 transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at $24,935,577.48. This trade represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 25,756 shares of company stock valued at $5,521,004. 2.10% of the stock is owned by company insiders.

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.