Traphagen Investment Advisors 13F: New $712K Stake in ROST

Traphagen Investment Advisors disclosed a new stake in Ross Stores, Inc. (NasdaqGS: ROST) in an institutional filing on October 14, 2026, adding the off-price retailer to its portfolio.

Inside Traphagen Investment Advisors's Ross Stores Trade

The firm picked up 3,049 shares to establish its new holding, bringing its total reported stake to 3,049 shares with a value of $711,611. Because this is a brand-new holding, there is no previous quarter share count or percent change to report. Institutional 13F filings are backward-looking and reflect holdings as of the reporting period, meaning they may not represent the investor's current position today.

Other Institutional Activity in Ross Stores

Other large funds also made notable adjustments to their Ross Stores positions during the period. Blackrock Inc. grew its holdings by 3,044,867 shares, ending with 27,900,923 shares worth about $6,609,449,632. Vanguard Capital Management LLC grew its holdings by 21,020 shares, ending with 21,040,574 shares worth about $4,984,301,562. State Street Corporation grew its holdings by 734,408 shares, ending with 14,643,656 shares worth about $3,468,935,660. Vanguard Portfolio Management LLC grew its holdings by 337,493 shares, ending with 14,517,853 shares worth about $3,439,134,188. Invesco Ltd. grew its holdings by 183,219 shares, ending with 12,316,939 shares worth about $2,917,759,672.

Ross Stores, Inc. Stock Up 2.5%

Ross Stores shares recently traded around $236.40 as of October 16, 2026. The stock sits above its 50-day moving average of $233.66 and well above its 200-day moving average of $219.90. Shares trade about 8.0% below their 52-week high of $257.00 and roughly 52.6% above their 52-week low of $154.87.

Recent Earnings

Ross Stores reported trailing-twelve-month revenue of $24.51 billion and trailing earnings of $8.27 per share. The company posted a net profit margin of 10.8% alongside a return on equity of 42.6% and year-over-year revenue growth of 13.3%. The company's next earnings report is scheduled for November 19, 2026.

Dividend

Ross Stores pays an annual dividend yielding 0.76%, backed by a dividend payout ratio of 20.6%.

Insider Buying and Selling at Ross Stores, Inc.

Company insiders executed several transactions prior to the filing. Karen Sykes-Dick sold 5,506 shares on March 25, 2026, at an average price of $213.40 for a total value of $1,174,984. William W Sheehan II sold 4,883 shares on March 26, 2026, at an average price of $216.95 for a total value of $1,059,367. James Grant Conroy sold 49,205 shares on September 14, 2026, at an average price of $229.48 for a total value of $11,291,775. Stephen C Brinkley sold 6,424 shares on September 14, 2026, at an average price of $229.66 for a total value of $1,475,304.

Analysts Set New Price Targets

Wall Street analysts have updated their outlooks on the stock. On August 21, 2026, Citigroup maintained its Buy rating and raised its price target from $270.00 to $290.00. On August 21, 2026, Jefferies maintained its Buy rating and raised its target from $265.00 to $285.00. On August 21, 2026, Truist Securities maintained its Buy rating and raised its target from $290.00 to $310.00. On August 21, 2026, Morgan Stanley maintained its Equal-Weight rating and raised its target from $231.00 to $234.00. On August 21, 2026, JP Morgan maintained its Overweight rating and raised its target from $262.00 to $272.00. Across 18 analyst opinions, the stock holds a consensus buy recommendation with a mean price target of $268.61.

About Ross Stores

Ross Stores operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands across the United States. The company caters to middle-income and value-conscious shoppers by offering branded apparel, accessories, footwear, and home goods at discounted prices. This retail model attracts institutional interest as investors monitor consumer spending trends in the discount retail sector.

Bottom Line

Traphagen Investment Advisors's new holding establishes a position in the off-price retailer. Investors will look toward the upcoming earnings release on November 19, 2026, for further details on corporate performance and sales trends. Keep in mind that 13F filings are historical snapshots and may not reflect ongoing portfolio changes.