Kohl’s (NYSE:KSS) Stock Rating Upgraded by Gordon Haskett

Kohl’s (NYSE:KSS) was upgraded by stock analysts at Gordon Haskett from a “hold” rating to a “buy” rating in a research note issued on Thursday, Briefing.com reports. The firm currently has a $27.00 target price on the stock. Gordon Haskett’s target price suggests a potential upside of 21.78% from the stock’s previous close.

KSS has been the topic of several other reports. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. Morgan Stanley restated an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Weiss Ratings raised Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Finally, JPMorgan Chase & Co. lifted their price objective on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $17.25.

Kohl’s Trading Up 2.0%

Shares of NYSE KSS opened at $22.17 on Thursday. The firm’s 50 day moving average price is $18.79 and its 200-day moving average price is $16.99. Kohl’s has a 52-week low of $11.38 and a 52-week high of $25.22. 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 company has a market cap of $2.51 billion, a PE ratio of 9.68 and a beta of 1.32.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.70. The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate 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 quarter last year, the firm earned $0.56 earnings per share. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, equities research analysts expect that Kohl’s will post 2.10 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Jennifer Kent sold 22,942 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the sale, the executive vice president owned 234,452 shares in the company, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 45,882 shares of company stock worth $963,520 in the last 90 days. 1.55% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kohl’s

Large investors have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC raised its stake in Kohl’s by 1,016.9% during the 3rd quarter. Annex Advisory Services LLC now owns 312,630 shares of the company’s stock valued at $5,771,000 after buying an additional 284,640 shares during the last quarter. Dupree Financial Group LLC bought a new position in shares of Kohl’s in the 3rd quarter worth approximately $1,953,000. GAMMA Investing LLC increased its holdings in Kohl’s by 3.0% during the third quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock valued at $884,000 after buying an additional 1,401 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Kohl’s in the second quarter worth approximately $33,000. Finally, Amundi raised its position in Kohl’s by 1,409.3% in the second quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after acquiring an additional 481,657 shares during the period. Institutional investors own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.