SCHEDULE: T. Rowe Price Discloses 4.0% Stake in Ross Stores

T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, disclosing a 4.0% beneficial ownership stake in Ross Stores Inc. common stock.

Summary

• T. Rowe Price Associates, Inc. reported beneficial ownership of 13,036,901 shares of Ross Stores Inc. common stock.
• This aggregate amount represents 4.0% of the class of securities.
• T. Rowe Price Associates, Inc. holds sole voting power over 12,666,774 shares.
• T. Rowe Price Associates, Inc. holds sole dispositive power over 12,976,430 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing existed.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ross Stores Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing reflects an institutional investor's passive ownership stake in a publicly traded retail company. Such disclosures are routine for large asset managers like T. Rowe Price and provide transparency on significant holdings within the retail sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming T. Rowe Price's continued passive investment in Ross Stores Inc.

Key Dates

Keywords

Ross Stores, T. Rowe Price, Schedule 13G, Beneficial Ownership, Common Stock, Retail, Investment Adviser