Barclays PLC reduced its position in Ross Stores, Inc. (NASDAQ:ROST – Free Report) by 22.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,285,591 shares of the apparel retailer’s stock after selling 375,542 shares during the quarter. Barclays PLC owned approximately 0.40% of Ross Stores worth $195,911,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust acquired a new position in shares of Ross Stores in the 3rd quarter valued at $26,000. Grey Fox Wealth Advisors LLC bought a new stake in Ross Stores in the third quarter valued at about $29,000. Aspect Partners LLC raised its position in Ross Stores by 251.7% in the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 146 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its stake in Ross Stores by 162.6% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock worth $36,000 after purchasing an additional 148 shares during the period. Finally, True Wealth Design LLC boosted its holdings in Ross Stores by 152.0% during the third quarter. True Wealth Design LLC now owns 257 shares of the apparel retailer’s stock valued at $39,000 after purchasing an additional 155 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.
Ross Stores Price Performance
Shares of ROST stock opened at $211.75 on Friday. The stock has a 50-day moving average price of $193.33 and a 200 day moving average price of $172.00. The company has a quick ratio of 0.90, a current ratio of 1.58 and a debt-to-equity ratio of 0.16. The firm has a market cap of $68.49 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 2.93 and a beta of 0.97. Ross Stores, Inc. has a 12 month low of $122.36 and a 12 month high of $216.80.
Ross Stores Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.445 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from Ross Stores’s previous quarterly dividend of $0.41. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s payout ratio is 24.51%.
Analysts Set New Price Targets
ROST has been the subject of a number of recent research reports. Robert W. Baird set a $200.00 target price on Ross Stores in a report on Wednesday, December 17th. Wells Fargo & Company upped their price target on Ross Stores from $205.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday. Wall Street Zen raised Ross Stores from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $205.00 target price on shares of Ross Stores in a report on Monday, December 1st. Finally, TD Cowen reissued a “buy” rating on shares of Ross Stores in a report on Thursday, December 4th. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $208.29.
Read Our Latest Research Report on Ross Stores
Trending Headlines about Ross Stores
Here are the key news stories impacting Ross Stores this week:
- Positive Sentiment: Q4 beat, raised dividend and bigger buybacks — Ross reported $6.64B revenue and $2.00 EPS, raised the quarterly dividend ~10% and expanded buybacks by ~25%, which supports EPS accretion and shareholder returns. MarketBeat Q4 analysis
- Positive Sentiment: Strong analyst momentum — several firms upgraded or lifted targets (Citigroup to $240, Goldman to $244, Telsey upgraded, Guggenheim bullish), reinforcing upside expectations after the results. Citigroup PT raise Goldman PT raise Telsey upgrade Guggenheim note
- Positive Sentiment: Technical/long-term momentum — ROST hit a 12‑month high and has outperformed benchmarks over the past year, supporting momentum-driven flows. 12-month high report Outperformance write-up
- Neutral Sentiment: Macro/sector tailwind — the “treasure hunt” or off‑price theme (value-seeking consumers) is lifting both Ross and TJX, suggesting favorable secular demand but not guaranteed sustained outsized growth. Treasure hunt thesis
- Negative Sentiment: Profit-taking / short-term consolidation risk — shares gave back a portion of the post-earnings pop and analysts/coverage notes flag possible consolidation or a pullback toward the low‑$200s if momentum cools. Price-action risk
- Negative Sentiment: Valuation and forward pacing — ROST trades at a premium (P/E ~32, PEG ~3.1) and management’s commentary implies the back half could slow, so upside now depends on persistent comp strength and margin maintenance. Valuation/Outlook piece
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.
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