47,474 Shares in Kohl’s Corporation $KSS Purchased by TriaGen Wealth Management LLC

TriaGen Wealth Management LLC bought a new stake in shares of Kohl’s Corporation (NYSE:KSS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 47,474 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds have also made changes to their positions in the stock. Harbor Capital Advisors Inc. bought a new position in Kohl’s during the 3rd quarter worth $28,000. Future Financial Wealth Managment LLC boosted its holdings in shares of Kohl’s by 400.0% during the third quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock valued at $38,000 after acquiring an additional 2,000 shares during the period. Blue Trust Inc. grew its position in shares of Kohl’s by 73.1% during the second quarter. Blue Trust Inc. now owns 6,591 shares of the company’s stock worth $56,000 after acquiring an additional 2,784 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of Kohl’s during the second quarter worth about $85,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Kohl’s in the 2nd quarter worth about $88,000. Institutional investors own 98.04% of the company’s stock.

Kohl’s Price Performance

Shares of NYSE:KSS opened at $21.37 on Monday. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 12.43 and a beta of 1.42. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. Kohl’s Corporation has a 12 month low of $6.04 and a 12 month high of $25.22. The stock’s 50 day moving average price is $20.00 and its 200 day moving average price is $15.70.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The company had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter in the previous year, the business earned $0.20 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities research analysts anticipate that Kohl’s Corporation will post 1.3 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th were given a dividend of $0.125 per share. The ex-dividend date was Wednesday, December 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.3%. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Analysts Set New Price Targets

A number of research analysts have issued reports on KSS shares. Jefferies Financial Group boosted their target price on shares of Kohl’s from $20.00 to $24.00 and gave the company a “hold” rating in a research note on Friday, December 12th. Wall Street Zen raised Kohl’s from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Telsey Advisory Group restated a “market perform” rating and issued a $23.00 target price (up from $16.00) on shares of Kohl’s in a research report on Tuesday, November 25th. Evercore ISI lifted their target price on Kohl’s from $13.00 to $21.00 and gave the company an “in-line” rating in a research note on Tuesday, November 25th. Finally, Morgan Stanley boosted their price target on Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $15.73.

Insider Activity

In related news, CFO Jill Timm sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $22.75, for a total value of $568,750.00. Following the sale, the chief financial officer directly owned 335,561 shares in the company, valued at $7,634,012.75. The trade was a 6.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by corporate insiders.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.