Brookstone Capital Management 13F: Adds $15M to ROST Stake

Brookstone Capital Management boosted its position in Ross Stores, Inc. (NasdaqGS:ROST) by 63,575 shares during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026. Ross Stores closed at $236.67 on the day of the filing.

ROST Ross Stores, Inc.

$236.67 ▲ +30.30% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Brookstone Capital Management's Ross Stores Position

The fund expanded its holdings by a substantial 6,226.7%, growing its prior stake of 1,021 shares up to a total of 64,596 shares. The reported value of the holding reached $15,076,707.00 as of the filing date.

Other Institutional Activity in Ross Stores

Other large investors adjusted their positions in the off-price apparel retailer around the same period. Traphagen Investment Advisors initiated a new position with 3,049 shares worth about $711,611.00. Vaughan Nelson Investment Management, L.P. held 523,250 shares valued at roughly $111.4 million. Robertson Stephens Wealth Management cut its stake by 8,615 shares, a 75.6% reduction, ending with 2,777 shares worth about $648,093.00. Meanwhile, Primecap Management Company lowered its holdings by 65,108 shares, down 0.7% to 9,104,980 shares valued at approximately $2.2 billion.

Ross Stores, Inc. Stock Up 1.1%

The stock recently traded around $236.76 as of October 23, 2026. That puts the shares up about 1.9% since the filing date.

Recent Earnings

The company generated $24.5 billion in trailing twelve month revenue alongside earnings of $8.27 per share. Profitability metrics include a net profit margin of 10.8% and a return on equity of 42.6%. The company's next earnings report is scheduled for November 19, 2026.

Dividend

Ross Stores pays an annual dividend rate of $1.78 per share, which translates to a dividend yield of 0.76%. The payout is supported by a dividend payout ratio of 20.6%, meaning the company uses a modest share of its earnings to return cash to shareholders while retaining the rest to fund store growth and operations.

Insider Buying and Selling at Ross Stores, Inc.

Company insiders completed several transactions prior to the filing. Chief Operating Officer Michael J. Hartshorn disposed of 21,874 shares valued at about $4.7 million on March 25, 2026. Chief Financial Officer William W Sheehan II sold 4,883 shares at an average price of $216.95 for a total of roughly $1.1 million on March 26, 2026. Later, Chief Executive Officer James Grant Conroy sold 49,205 shares at an average price of $229.48, totaling about $11.3 million on September 14, 2026. Officer Stephen C Brinkley also sold 6,424 shares at an average price of $229.66 for a total of $1,475,304.00 on September 14, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Citigroup maintained a buy rating and raised its target to $290.00 from $270.00 on August 21, 2026. Jefferies kept a buy rating and lifted its target to $285.00 from $265.00 on the same day. Truist Securities maintained a buy rating and bumped its target to $310.00 from $290.00 on August 21, 2026. Morgan Stanley maintained an equal-weight rating while nudging its target to $234.00 from $231.00 on August 21, 2026. Wolfe Research initiated coverage with an outperform rating and a $279.00 price target on October 22, 2026. The stock carries a consensus buy rating and a mean price target of $267.35 across 17 analyst opinions.

About Ross Stores

Ross Stores, Inc., headquartered in Dublin, California, operates off-premise retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS banners. The company targets budget-conscious shoppers by offering branded clothing, accessories, footwear, and home goods at discounted prices across the United States.

Bottom Line

Investors will look toward the company's upcoming earnings release on November 19, 2026, for fresh updates on retail demand and profit margins. Future institutional filings will show whether firms like Brookstone continue to build on their positions.