Havemeyer Place LP Buys Shares of 103,278 Kohl’s Corporation $KSS

Havemeyer Place LP bought a new stake in Kohl’s Corporation (NYSE:KSS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 103,278 shares of the company’s stock, valued at approximately $2,108,000. Havemeyer Place LP owned approximately 0.09% of Kohl’s at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. ProShare Advisors LLC boosted its position in Kohl’s by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock valued at $433,000 after buying an additional 631 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Kohl’s by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after buying an additional 639 shares in the last quarter. Arizona State Retirement System boosted its position in Kohl’s by 2.0% in the third quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after buying an additional 666 shares in the last quarter. GAMMA Investing LLC boosted its position in Kohl’s by 1.6% in the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock valued at $1,026,000 after buying an additional 785 shares in the last quarter. Finally, Sei Investments Co. boosted its position in Kohl’s by 2.9% in the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock valued at $471,000 after buying an additional 868 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KSS shares. TD Cowen cut their target price on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Gordon Haskett lowered shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price on the stock. in a research report on Friday, May 15th. Bank of America cut their target price on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research report on Friday, May 29th. Telsey Advisory Group restated a “market perform” rating and issued a $17.00 target price on shares of Kohl’s in a research report on Tuesday, March 17th. Finally, Citigroup raised shares of Kohl’s from a “neutral” rating to a “buy” rating and raised their price target for the company from $14.00 to $22.00 in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kohl’s currently has an average rating of “Reduce” and an average target price of $14.92.

Kohl’s Price Performance

KSS stock opened at $15.46 on Friday. The company has a fifty day moving average price of $13.75 and a 200-day moving average price of $17.00. The company has a market capitalization of $1.74 billion, a P/E ratio of 6.55 and a beta of 1.45. Kohl’s Corporation has a 52-week low of $7.93 and a 52-week high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts expect that Kohl’s Corporation will post 1.31 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.2%. Kohl’s’s dividend payout ratio (DPR) is presently 21.19%.

Kohl’s Profile

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.