Havemeyer Place LP bought a new position in shares of Kohl’s Corporation (NYSE:KSS – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund bought 103,278 shares of the company’s stock, valued at approximately $2,108,000.
Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in Kohl’s by 233.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after buying an additional 1,167 shares during the last quarter. IFP Advisors Inc raised its stake in Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after buying an additional 1,851 shares during the last quarter. Plato Investment Management Ltd bought a new position in Kohl’s during the fourth quarter worth $42,000. Hantz Financial Services Inc. increased its stake in Kohl’s by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after purchasing an additional 1,308 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new stake in Kohl’s in the third quarter valued at $39,000. Institutional investors own 98.04% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on KSS shares. JPMorgan Chase & Co. decreased their price target on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a research note on Friday, May 15th. Bank of America decreased their price target on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $17.00 price target on shares of Kohl’s in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, Kohl’s has a consensus rating of “Reduce” and a consensus price target of $14.92.
Kohl’s Trading Down 3.1%
KSS opened at $15.46 on Friday. The company has a market cap of $1.74 billion, a P/E ratio of 6.55 and a beta of 1.45. The company has a fifty day moving average price of $13.75 and a two-hundred day moving average price of $17.00. Kohl’s Corporation has a 1-year low of $7.93 and a 1-year high of $25.22. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93.
Kohl’s (NYSE:KSS – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The business’s revenue was down 1.7% on a year-over-year basis. During the same period last year, the company earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Analysts predict that Kohl’s Corporation will post 1.31 EPS for the current fiscal year.
Kohl’s Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is currently 21.19%.
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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