GSA Capital Partners LLP Invests $1.41 Million in Ross Stores, Inc. $ROST

GSA Capital Partners LLP acquired a new stake in shares of Ross Stores, Inc. (NASDAQ:ROST) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,258 shares of the apparel retailer’s stock, valued at approximately $1,411,000.

Other hedge funds also recently bought and sold shares of the company. Woodline Partners LP raised its stake in Ross Stores by 39.9% during the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares during the period. Geneos Wealth Management Inc. grew its stake in Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after acquiring an additional 117 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in Ross Stores by 0.9% during the second quarter. DekaBank Deutsche Girozentrale now owns 602,273 shares of the apparel retailer’s stock valued at $77,276,000 after acquiring an additional 5,617 shares in the last quarter. Phoenix Financial Ltd. bought a new stake in Ross Stores in the 2nd quarter valued at $214,000. Finally, D.A. Davidson & CO. lifted its stake in Ross Stores by 18.6% in the 2nd quarter. D.A. Davidson & CO. now owns 60,737 shares of the apparel retailer’s stock worth $7,749,000 after purchasing an additional 9,518 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ROST shares. Citigroup increased their price target on Ross Stores from $188.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Erste Group Bank began coverage on shares of Ross Stores in a report on Friday, October 31st. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ross Stores in a research note on Friday, January 9th. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Ross Stores in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft set a $221.00 target price on shares of Ross Stores in a research report on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.94.

Ross Stores Price Performance

Ross Stores stock opened at $198.21 on Wednesday. Ross Stores, Inc. has a 12-month low of $122.36 and a 12-month high of $198.98. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average price of $187.49 and a 200-day moving average price of $167.03. The firm has a market capitalization of $64.11 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 3.41 and a beta of 0.99.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings data on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.20. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 EPS. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. As a group, equities research analysts forecast that Ross Stores, Inc. will post 6.17 EPS for the current year.

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.