Portfolio Design Labs LLC Purchases 3,920 Shares of Ross Stores, Inc. $ROST

by · The Markets Daily

Portfolio Design Labs LLC boosted its position in Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 43.9% during the 4th quarter, Holdings Channel reports. The fund owned 12,852 shares of the apparel retailer’s stock after buying an additional 3,920 shares during the period. Portfolio Design Labs LLC’s holdings in Ross Stores were worth $2,315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Somerset Trust Co boosted its holdings in Ross Stores by 0.4% in the fourth quarter. Somerset Trust Co now owns 14,788 shares of the apparel retailer’s stock worth $2,664,000 after acquiring an additional 55 shares in the last quarter. Independent Advisor Alliance boosted its holdings in Ross Stores by 1.7% in the fourth quarter. Independent Advisor Alliance now owns 3,309 shares of the apparel retailer’s stock worth $596,000 after acquiring an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in Ross Stores by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 954 shares of the apparel retailer’s stock worth $172,000 after acquiring an additional 55 shares in the last quarter. Florida Trust Wealth Management Co lifted its holdings in shares of Ross Stores by 1.7% in the fourth quarter. Florida Trust Wealth Management Co now owns 3,399 shares of the apparel retailer’s stock valued at $612,000 after purchasing an additional 56 shares in the last quarter. Finally, MCF Advisors LLC lifted its holdings in shares of Ross Stores by 4.6% in the fourth quarter. MCF Advisors LLC now owns 1,292 shares of the apparel retailer’s stock valued at $233,000 after purchasing an additional 57 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their target price on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Citigroup raised their target price on Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Guggenheim restated a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. The Goldman Sachs Group restated a “buy” rating and issued a $270.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $257.00 target price on shares of Ross Stores in a report on Friday, May 22nd. One 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’s stock. According to MarketBeat, Ross Stores currently has an average rating of “Moderate Buy” and a consensus price target of $233.18.

Get Our Latest Analysis on ROST

Insiders Place Their Bets

In related news, 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 transaction of $3,398,371.83. Following the sale, the chief operating officer directly owned 116,028 shares in the company, valued at approximately $24,935,577.48. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 value of $1,174,980.40. Following the sale, the chief marketing officer owned 104,648 shares in the company, valued at $22,331,883.20. This trade represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.10% of the company’s stock.

Ross Stores Stock Up 0.9%

ROST stock opened at $229.45 on Wednesday. The stock’s 50 day moving average is $223.65 and its 200-day moving average is $203.12. The firm has a market capitalization of $73.60 billion, a PE ratio of 32.05, a P/E/G ratio of 2.56 and a beta of 0.86. Ross Stores, Inc. has a twelve month low of $124.49 and a twelve month high of $237.41. 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 – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company 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. Sell-side analysts expect that Ross Stores, Inc. will post 7.73 EPS for the current fiscal year.

Ross Stores Dividend Announcement

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

Ross Stores Company Profile

(Free Report)

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.

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