Strs Ohio Has $31.20 Million Stake in Ross Stores, Inc. $ROST

Strs Ohio trimmed its position in shares of Ross Stores, Inc. (NASDAQ:ROST) by 6.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,021 shares of the apparel retailer’s stock after selling 10,612 shares during the period. Strs Ohio’s holdings in Ross Stores were worth $31,199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ROST. Root Financial Partners LLC increased its stake in shares of Ross Stores by 23.8% in the first quarter. Root Financial Partners LLC now owns 1,019 shares of the apparel retailer’s stock worth $221,000 after purchasing an additional 196 shares during the period. USS Investment Management Ltd lifted its position in shares of Ross Stores by 3.3% during the 1st quarter. USS Investment Management Ltd now owns 65,738 shares of the apparel retailer’s stock worth $14,238,000 after purchasing an additional 2,076 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in Ross Stores by 1.9% during the 1st quarter. IFM Investors Pty Ltd now owns 64,652 shares of the apparel retailer’s stock valued at $14,006,000 after purchasing an additional 1,187 shares during the period. Severin Investments LLC bought a new stake in Ross Stores during the 1st quarter valued at approximately $507,000. Finally, Capricorn Fund Managers Ltd acquired a new stake in Ross Stores in the 1st quarter valued at approximately $4,982,000. 86.86% of the stock is owned by institutional investors and hedge funds.

Ross Stores Price Performance

Shares of ROST stock opened at $213.43 on Friday. Ross Stores, Inc. has a 12 month low of $126.32 and a 12 month high of $242.81. The company has a market capitalization of $68.46 billion, a P/E ratio of 29.81, a P/E/G ratio of 2.40 and a beta of 0.87. The stock has a 50 day moving average of $225.11 and a two-hundred day moving average of $209.10. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings data on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.Ross Stores’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.47 earnings per share. 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, equities analysts expect that Ross Stores, Inc. will post 7.74 EPS for the current year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $0.445 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio is currently 24.86%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Wall Street Zen cut Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Guggenheim restated a “buy” rating and issued a $290.00 price objective on shares of Ross Stores in a research note on Monday, April 27th. Truist Financial boosted their target price on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Finally, UBS Group reiterated a “neutral” rating on shares of Ross Stores in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and an average price target 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.