Ross Stores Attracts Further Institutional Investment
Ross Stores continues to draw confidence from value-focused investors, with institutional players expanding their positions in the company. Lansforsakringar Fondforvaltning AB recently acquired additional shares of ROST, reflecting institutional belief in the off-price model's resilience amid economic uncertainty.
- Institutional investors hold a significant majority of Ross Stores' stock, with ownership percentages cited as high as 92.7%. Major holders include asset managers like The Vanguard Group, BlackRock, and State Street. - The company is scheduled to report its fourth-quarter and full-year fiscal 2025 financial results on March 3, 2026. In its most recent reported quarter (Q3 2025), Ross exceeded analyst expectations with a 10.4% year-over-year revenue increase to $5.6 billion and an EPS of $1.58. - Analyst sentiment for Ross Stores is predominantly positive, with a consensus "Strong Buy" rating from 15 out of 19 analysts. In February 2026, firms including JP Morgan, UBS, and Citigroup reiterated positive ratings, with JP Morgan setting a high price target of $232. - The global off-price retail market was valued at over $404 billion in 2026 and is projected to grow to $858.3 billion by 2035, reflecting sustained consumer demand for value. Forecasters expect off-price retailers to be leaders in new-store growth in 2026. - As of early 2026, the company operates a total of 2,267 stores across two brands: 1,904 Ross Dress for Less locations and 363 dd's DISCOUNTS stores. - Ross Stores' stock (ROST) has demonstrated strong performance, gaining over 46% in the year prior to February 2026 and reaching an all-time high of over $200 per share. - For the full fiscal year 2025, analysts project Ross Stores' earnings per share to be approximately $6.47, with expectations of it rising to around $7.13 in fiscal 2027. - Länsförsäkringar Fondförvaltning AB, the Swedish asset manager mentioned in the report, has approximately $19 billion in assets under management, with its largest holdings concentrated in major US technology companies such as NVIDIA, Microsoft, and Apple.
