Hsbc Holdings PLC Boosts Stock Holdings in Kohl’s Corporation $KSS

Hsbc Holdings PLC raised its stake in Kohl’s Corporation (NYSE:KSS) by 1,497.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,141,932 shares of the company’s stock after acquiring an additional 1,070,457 shares during the period. Hsbc Holdings PLC’s holdings in Kohl’s were worth $23,406,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. ProShare Advisors LLC increased its holdings in shares of Kohl’s by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after purchasing an additional 631 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of 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 worth $1,163,000 after buying an additional 639 shares in the last quarter. Guggenheim Capital LLC boosted its stake in Kohl’s by 1.0% during the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after buying an additional 774 shares during the last quarter. GAMMA Investing LLC boosted its stake in Kohl’s by 1.6% during 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 during the last quarter. Finally, Sei Investments Co. grew its holdings in Kohl’s by 2.9% during the 3rd 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. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Performance

Kohl’s stock opened at $18.92 on Thursday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. Kohl’s Corporation has a 1-year low of $7.99 and a 1-year high of $25.22. The firm has a market capitalization of $2.15 billion, a P/E ratio of 8.02 and a beta of 1.45. The company’s 50-day moving average is $14.82 and its 200 day moving average is $16.69.

Kohl’s (NYSE:KSS) last announced its 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 business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Research analysts forecast that Kohl’s Corporation will post 1.32 EPS for the current year.

Kohl’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were issued a dividend of $0.125 per share. The ex-dividend date was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. Kohl’s’s payout ratio is presently 21.19%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on KSS shares. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. Telsey Advisory Group reissued a “market perform” rating and issued a $17.00 target price on shares of Kohl’s in a report on Tuesday, March 17th. Jefferies Financial Group reduced their price target on shares of Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Citigroup raised shares of Kohl’s from a “neutral” rating to a “buy” rating and upped their price target for the company from $14.00 to $22.00 in a research note on Monday, June 1st. Finally, Weiss Ratings lowered shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kohl’s has a consensus rating of “Reduce” and an average target price of $14.85.

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.