Kohl’s Corporation $KSS Shares Sold by Hestia Capital Management LLC

Hestia Capital Management LLC lessened its stake in shares of Kohl’s Corporation (NYSE:KSS) by 29.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,500 shares of the company’s stock after selling 60,000 shares during the quarter. Kohl’s comprises approximately 2.4% of Hestia Capital Management LLC’s holdings, making the stock its 2nd largest position. Hestia Capital Management LLC owned about 0.13% of Kohl’s worth $2,949,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in Kohl’s by 3,123.1% during the third quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock worth $30,912,000 after purchasing an additional 1,948,783 shares during the period. Hancock Whitney Corp bought a new position in shares of Kohl’s in the third quarter valued at approximately $17,125,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Kohl’s in the third quarter worth $11,516,000. BNP Paribas Financial Markets lifted its stake in shares of Kohl’s by 129.7% in the third quarter. BNP Paribas Financial Markets now owns 968,376 shares of the company’s stock worth $14,884,000 after buying an additional 546,808 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Kohl’s by 7.5% during the 3rd quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock worth $77,501,000 after buying an additional 351,691 shares during the period. 98.04% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. TD Cowen lowered their target price on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Citigroup decreased their price target on shares of Kohl’s from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. Telsey Advisory Group reiterated a “market perform” rating and issued a $17.00 price objective on shares of Kohl’s in a research note on Tuesday, March 17th. Finally, Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $14.83.

Kohl’s Stock Down 2.6%

Shares of KSS opened at $15.07 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46. The company has a 50-day simple moving average of $14.77 and a 200-day simple moving average of $17.49. Kohl’s Corporation has a 52 week low of $6.38 and a 52 week high of $25.22. The firm has a market capitalization of $1.69 billion, a P/E ratio of 6.39 and a beta of 1.46.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The business had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same period last year, the business earned $0.95 earnings per share. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities research analysts expect that Kohl’s Corporation will post 1.31 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, March 18th. Kohl’s’s dividend payout ratio (DPR) is presently 21.19%.

About Kohl’s

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.