Kohl’s Corporation (NYSE:KSS – Get Free Report) insider Jennifer Kent sold 18,352 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $22.00, for a total value of $403,744.00. Following the sale, the insider directly owned 211,512 shares of the company’s stock, valued at approximately $4,653,264. This trade represents a 7.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kohl’s Price Performance
NYSE:KSS opened at $21.56 on Friday. Kohl’s Corporation has a 52 week low of $11.38 and a 52 week high of $25.22. The stock’s fifty day moving average is $18.62 and its two-hundred day moving average is $16.77. The company has a market capitalization of $2.44 billion, a P/E ratio of 9.41 and a beta of 1.32. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87.
Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.70. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. Equities analysts expect that Kohl’s Corporation will post 2.10 EPS for the current year.
Kohl’s Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were given a $0.1250 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a yield of 2.3%. Kohl’s’s dividend payout ratio is presently 21.83%.
Hedge Funds Weigh In On Kohl’s
Hedge funds have recently bought and sold shares of the company. Empowered Funds LLC increased its stake in Kohl’s by 23.5% during the first quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock worth $8,592,000 after purchasing an additional 126,550 shares during the period. Bessemer Group Inc. lifted its position in shares of Kohl’s by 56.4% during the first quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock worth $2,706,000 after purchasing an additional 75,700 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of Kohl’s during the first quarter worth about $808,000. Amundi boosted its stake in shares of Kohl’s by 1,409.3% in the second quarter. Amundi now owns 515,833 shares of the company’s stock valued at $9,141,000 after purchasing an additional 481,657 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in shares of Kohl’s in the second quarter valued at approximately $13,487,000. Institutional investors and hedge funds own 98.04% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on KSS. Robert W. Baird lifted their price target on shares of Kohl’s from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, August 27th. Telsey Advisory Group upped their price objective on shares of Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a report on Thursday, August 27th. Morgan Stanley reaffirmed an “underweight” rating and set a $15.00 price objective on shares of Kohl’s in a research report on Monday, July 6th. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Friday, September 18th. Finally, 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 report on Tuesday, August 18th. One research 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kohl’s currently has an average rating of “Reduce” and a consensus price target of $16.17.
Kohl’s Company Profile
Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.
Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.
The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.
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