Louisiana State Employees Retirement System Invests $642,000 in Kohl’s Corporation $KSS

Louisiana State Employees Retirement System acquired a new stake in shares of Kohl’s Corporation (NYSE:KSS) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 49,800 shares of the company’s stock, valued at approximately $642,000.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC lifted its position in Kohl’s by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after purchasing an additional 1,167 shares during the period. IFP Advisors Inc increased its holdings in Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after buying an additional 1,851 shares during the period. Plato Investment Management Ltd acquired a new position in shares of Kohl’s in the 4th quarter valued at $42,000. Hantz Financial Services Inc. raised its stake in shares of Kohl’s by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after buying an additional 1,308 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Kohl’s during the 4th quarter worth about $45,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KSS has been the subject of a number of analyst reports. Weiss Ratings cut shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Tuesday, March 10th. The Goldman Sachs Group decreased their price target on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research note on Wednesday, March 11th. Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $15.00 price objective on shares of Kohl’s in a research note on Monday. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $15.31.

Kohl’s Stock Performance

NYSE KSS opened at $16.80 on Wednesday. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 7.12 and a beta of 1.40. The company has a 50 day moving average of $15.44 and a 200-day moving average of $16.38. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. Kohl’s Corporation has a 1-year low of $8.88 and a 1-year high of $25.22.

Kohl’s (NYSE:KSS) last announced its 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. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.Kohl’s’s revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities analysts forecast that Kohl’s Corporation will post 1.38 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s dividend payout ratio is presently 21.19%.

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.