Kohl’s Corporation (NYSE:KSS – Get Free Report)’s share price traded up 7.1% during trading on Wednesday . The stock traded as high as $18.76 and last traded at $19.0910. 388,098 shares traded hands during trading, a decline of 92% from the average session volume of 4,616,483 shares. The stock had previously closed at $17.82.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on KSS shares. Morgan Stanley reaffirmed an “underweight” rating and set a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. Robert W. Baird increased their price objective on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Weiss Ratings raised shares of Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their target price on shares of Kohl’s from $15.00 to $17.00 and gave the company an “underweight” rating in a research note on Tuesday, August 18th. Finally, UBS Group boosted their target price on shares of Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Kohl’s currently has a consensus rating of “Reduce” and an average target price of $16.17.
Check Out Our Latest Analysis on Kohl’s
Kohl’s Stock Performance
Kohl’s (NYSE:KSS – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.70. The company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The business’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, sell-side analysts expect that Kohl’s Corporation will post 1.95 earnings per share for the current year.
Kohl’s Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, September 9th. Kohl’s’s payout ratio is currently 21.83%.
Insider Buying and Selling at Kohl’s
In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the transaction, the executive vice president owned 234,452 shares of the company’s stock, 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 can be accessed 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.
Institutional Trading of Kohl’s
Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Kohl’s by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after purchasing an additional 273,500 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Kohl’s by 13.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock worth $81,811,000 after buying an additional 744,539 shares during the period. Geode Capital Management LLC lifted its holdings in Kohl’s by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock worth $55,177,000 after acquiring an additional 47,037 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Kohl’s by 107.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after acquiring an additional 1,286,710 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. acquired a new position in Kohl’s in the fourth quarter valued at about $49,796,000. Institutional investors own 98.04% of the company’s stock.
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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