Wealth High Governance Capital Ltda Buys Shares of 41,405 Ross Stores, Inc. $ROST

Wealth High Governance Capital Ltda purchased a new position in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 41,405 shares of the apparel retailer’s stock, valued at approximately $8,813,000. Ross Stores comprises approximately 2.6% of Wealth High Governance Capital Ltda’s holdings, making the stock its 19th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in Ross Stores in the 4th quarter valued at approximately $26,000. Bard Associates Inc. purchased a new stake in Ross Stores during the fourth quarter worth $31,000. Virtus Advisers LLC purchased a new stake in Ross Stores during the fourth quarter worth $32,000. Fideuram Asset Management Ireland dac acquired a new stake in Ross Stores in the fourth quarter valued at $38,000. Finally, Bell Investment Advisors Inc acquired a new stake in Ross Stores in the second quarter valued at $43,000. Institutional investors and hedge funds own 86.86% of the company’s stock.

Ross Stores Stock Performance

NASDAQ ROST opened at $239.04 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.61 and a debt-to-equity ratio of 0.12. Ross Stores, Inc. has a fifty-two week low of $143.39 and a fifty-two week high of $257.00. The business has a fifty day moving average of $233.81 and a 200-day moving average of $222.09. The stock has a market cap of $76.68 billion, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 2.30 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. The business had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.16 billion. Ross Stores had a return on equity of 39.29% and a net margin of 10.85%.The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.56 earnings per share. As a group, analysts predict that Ross Stores, Inc. will post 8.13 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.445 per share. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.7%. Ross Stores’s payout ratio is 21.55%.

Analyst Ratings Changes

ROST has been the subject of several research reports. Wells Fargo & Company lifted their price target on Ross Stores from $245.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Friday. JPMorgan Chase & Co. increased their price objective on shares of Ross Stores from $262.00 to $272.00 and gave the company an “overweight” rating in a research note on Friday. UBS Group raised their target price on shares of Ross Stores from $232.00 to $239.00 and gave the company a “neutral” rating in a report on Friday. Jefferies Financial Group lifted their target price on shares of Ross Stores from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.76.

More Ross Stores News

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

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

About Ross Stores

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.