Kohl’s (NYSE:KSS) Stock Price Up 10.5% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS) shares traded up 10.5% on Thursday . The stock traded as high as $17.12 and last traded at $17.5410. 2,740,059 shares changed hands during trading, a decline of 43% from the average session volume of 4,779,310 shares. The stock had previously closed at $15.87.

Wall Street Analyst Weigh In

Several research analysts have commented on KSS shares. TD Cowen boosted their price target on shares of Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday. Gordon Haskett cut shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a report on Friday, May 15th. The Goldman Sachs Group lowered their price target on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a report on Wednesday, March 11th. Robert W. Baird lowered their price target on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Finally, BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $14.85.

Kohl’s Stock Up 9.6%

The firm’s fifty day simple moving average is $13.97 and its 200 day simple moving average is $17.02. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 7.38 and a beta of 1.45.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the business earned ($0.13) EPS. Kohl’s’s revenue for the quarter was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Sell-side analysts predict that Kohl’s Corporation will post 1.31 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.9%. The ex-dividend date is Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is currently 21.19%.

Institutional Investors Weigh In On Kohl’s

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. acquired a new stake in Kohl’s during the 4th quarter worth $49,796,000. JPMorgan Chase & Co. boosted its stake in Kohl’s by 3,123.1% during the 3rd 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. Wells Fargo & Company MN boosted its stake in Kohl’s by 118.0% during the 4th quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock worth $4,320,000 after purchasing an additional 1,388,707 shares during the period. Renaissance Technologies LLC acquired a new stake in Kohl’s during the 4th quarter worth $26,343,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake 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 purchasing an additional 1,286,710 shares during the period. 98.04% of the stock is currently owned by institutional investors and hedge funds.

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.