Ross Stores saw fluctuating institutional ownership but beat earnings expectations and declared a dividend.

Ross Stores, Inc. saw mixed changes in institutional ownership during the third quarter, with some investors increasing their stakes while Circle Wealth Management reduced its holdings by 10.4%. Notably, the company's chairman and COO sold significant shares. Despite this, analysts remain optimistic, with ratings mostly "buy" and an average target price of $171.69. Ross Stores reported earnings of $1.48 per share, beating expectations, and declared a dividend of $0.3675 per share.

November 30, 2024
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