Shares of Kohl’s Corporation (NYSE:KSS – Get Free Report) have received a consensus recommendation of “Reduce” from the sixteen analysts that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $15.4615.
A number of research firms have recently issued reports on KSS. Zacks Research lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. JPMorgan Chase & Co. raised their target price on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 18th. Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $22.00 in a report on Monday, June 1st. Gordon Haskett lowered Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target on the stock. in a research report on Friday, May 15th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $15.00 price objective on shares of Kohl’s in a research note on Monday, July 6th.
View Our Latest Stock Report on Kohl’s
Kohl’s Trading Up 4.0%
Kohl’s (NYSE:KSS – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm earned ($0.13) earnings per share. The business’s quarterly revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Analysts expect that Kohl’s will post 1.38 earnings per share for the current year.
Kohl’s Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 9th. Kohl’s’s dividend payout ratio is 21.19%.
Insider Activity at Kohl’s
In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of the company’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 transaction, the executive vice president owned 234,452 shares in the company, valued at approximately $4,689,040. This represents a 8.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.
Hedge Funds Weigh In On Kohl’s
Several institutional investors and hedge funds have recently modified their holdings of KSS. ProShare Advisors LLC raised its holdings in shares of Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after acquiring an additional 631 shares in the last quarter. Guggenheim Capital LLC grew its stake in Kohl’s by 1.0% in the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after purchasing an additional 774 shares in the last quarter. Sei Investments Co. grew its stake 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 purchasing an additional 868 shares in the last quarter. Bank of Montreal Can increased its position in Kohl’s by 6.1% in the 4th quarter. Bank of Montreal Can now owns 17,399 shares of the company’s stock worth $355,000 after purchasing an additional 995 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Kohl’s by 3.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,677 shares of the company’s stock worth $614,000 after purchasing an additional 1,077 shares in the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.
Kohl’s Company 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.
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