Kohl’s Corporation (NYSE:KSS – Get Free Report) insider Jennifer Kent sold 22,940 shares of Kohl’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $24.00, for a total transaction of $550,560.00. Following the transaction, the insider owned 188,572 shares in the company, valued at $4,525,728. The trade was a 10.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kohl’s Stock Down 0.9%
Kohl’s stock traded down $0.21 during trading on Friday, reaching $24.57. 2,402,835 shares of the company’s stock were exchanged, compared to its average volume of 4,545,313. Kohl’s Corporation has a 52-week low of $11.38 and a 52-week high of $25.22. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 10.71 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 company’s 50-day moving average is $18.89 and its two-hundred day moving average is $17.07.
Kohl’s (NYSE:KSS – Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.70. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the business earned $0.56 earnings per share. The company’s revenue was down .9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, analysts predict that Kohl’s Corporation will post 2.10 earnings per share for the current year.
Kohl’s Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th were given a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, September 9th. Kohl’s’s payout ratio is presently 21.83%.
Institutional Trading of Kohl’s
Several hedge funds and other institutional investors have recently bought and sold shares of KSS. Arrowstreet Capital Limited Partnership lifted its holdings in Kohl’s by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after buying an additional 1,286,710 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Kohl’s by 1,497.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company’s stock valued at $23,406,000 after acquiring an additional 1,070,457 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Kohl’s during the 2nd quarter valued at approximately $13,487,000. Dimensional Fund Advisors LP lifted its stake in Kohl’s by 13.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock worth $81,811,000 after purchasing an additional 744,539 shares during the last quarter. Finally, Amundi lifted its stake in 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 last quarter. 98.04% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have commented on KSS shares. Gordon Haskett upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Thursday. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Telsey Advisory Group increased their target price on Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a research note on Thursday, August 27th. Finally, Robert W. Baird raised their price target on shares of Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $17.25.
Read Our Latest Research Report on Kohl’s
Kohl’s Company Profile
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.
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