LGT Fund Management Co Ltd. Invests $3.05 Million in Kohl’s Corporation $KSS

LGT Fund Management Co Ltd. bought a new stake in Kohl’s Corporation (NYSE:KSS) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 236,516 shares of the company’s stock, valued at approximately $3,051,000. LGT Fund Management Co Ltd. owned about 0.21% of Kohl’s at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. purchased a new position in Kohl’s in the 4th quarter worth approximately $49,796,000. JPMorgan Chase & Co. boosted its stake in shares of Kohl’s by 3,123.1% during the third quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock valued at $30,912,000 after purchasing an additional 1,948,783 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Kohl’s by 118.0% during the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after purchasing an additional 1,388,707 shares during the period. Renaissance Technologies LLC bought a new position in shares of Kohl’s in the fourth quarter worth approximately $26,343,000. Finally, Hancock Whitney Corp bought a new position in shares of Kohl’s in the third quarter worth approximately $17,125,000. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl’s Stock Performance

Shares of KSS opened at $16.77 on Monday. The company has a 50-day simple moving average of $15.54 and a two-hundred day simple moving average of $16.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. The firm has a market capitalization of $1.90 billion, a PE ratio of 7.10 and a beta of 1.40. Kohl’s Corporation has a one year low of $9.19 and a one year high of $25.22.

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, topping the consensus estimate of ($0.18) by $0.05. The firm 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 business’s revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, analysts anticipate that Kohl’s Corporation will post 1.36 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. Kohl’s’s dividend payout ratio is currently 21.19%.

Analyst Ratings Changes

A number of research firms recently commented on KSS. Bank of America lowered their price target on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a report on Friday, May 29th. Zacks Research lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $14.00 to $22.00 in a research report on Monday, June 1st. Morgan Stanley reaffirmed an “underweight” rating and set a $15.00 price objective on shares of Kohl’s in a research note on Monday, July 6th. Finally, Gordon Haskett lowered shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price for the company. in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $15.31.

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.