Kohl’s (NYSE:KSS) Insider Sells $403,744.00 in Stock

Kohl’s Corporation (NYSE:KSS) insider Jennifer Kent sold 18,352 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $22.00, for a total transaction of $403,744.00. Following the completion of the sale, the insider owned 211,512 shares in the company, valued at approximately $4,653,264. The trade was a 7.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Price Performance

Shares of Kohl’s stock traded up $1.31 during midday trading on Thursday, hitting $22.46. 2,486,869 shares of the company traded hands, compared to its average volume of 4,537,389. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 9.79 and a beta of 1.32. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The firm’s fifty day moving average price is $18.50 and its 200-day moving average price is $16.66. Kohl’s Corporation has a 12 month low of $11.38 and a 12 month high of $25.22.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.70. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, sell-side analysts forecast that Kohl’s Corporation will post 2.10 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, September 9th. Kohl’s’s payout ratio is presently 21.83%.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors have recently added to or reduced their stakes in KSS. Empowered Funds LLC increased its position in Kohl’s by 23.5% in the 1st quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock valued at $8,592,000 after acquiring an additional 126,550 shares during the period. Bessemer Group Inc. raised its stake in shares of Kohl’s by 56.4% during the first quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock valued at $2,706,000 after acquiring an additional 75,700 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of Kohl’s during the first quarter worth $808,000. Amundi lifted its holdings in shares of Kohl’s by 1,409.3% during the second quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after purchasing an additional 481,657 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Kohl’s during the second quarter worth $13,487,000. 98.04% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Morgan Stanley reiterated an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Friday, September 18th. Robert W. Baird boosted their price objective on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. increased their target price on Kohl’s from $15.00 to $17.00 and gave the company an “underweight” rating in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $16.17.

Kohl’s Company Profile

Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.

Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.

The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.