Kohl’s Corporation $KSS Shares Purchased by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 23.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 666,072 shares of the company’s stock after purchasing an additional 126,550 shares during the quarter. Empowered Funds LLC’s holdings in Kohl’s were worth $8,592,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Baird Financial Group Inc. bought a new position in Kohl’s during the 1st quarter valued at $96,000. Caxton Associates LLP bought a new stake in shares of Kohl’s in the 1st quarter worth about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Kohl’s by 14.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after purchasing an additional 60,769 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of Kohl’s in the 2nd quarter valued at about $120,000. Finally, Cetera Investment Advisers lifted its position in shares of Kohl’s by 21.6% during the second quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after purchasing an additional 5,997 shares during the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Stock Performance

KSS stock opened at $19.18 on Friday. Kohl’s Corporation has a 1 year low of $11.38 and a 1 year high of $25.22. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 8.12 and a beta of 1.40. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48. The stock’s fifty day moving average is $17.99 and its two-hundred day moving average is $16.01.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, research analysts predict that Kohl’s Corporation will post 1.36 EPS for the current year.

Kohl’s Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, June 10th. Kohl’s’s payout ratio is 21.19%.

Insider Buying and Selling at Kohl’s

In other news, EVP Jennifer J. Kent sold 22,942 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 234,452 shares in the company, valued at approximately $4,689,040. The trade was a 8.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group increased their target price on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a report on Friday, May 29th. TD Cowen raised their price objective on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, June 8th. Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective for the company. in a report on Friday, May 15th. Morgan Stanley reiterated an “underweight” rating and set a $15.00 target price on shares of Kohl’s in a research note on Monday, July 6th. Finally, Zacks Research downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. One research 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 MarketBeat.com, Kohl’s has a consensus rating of “Reduce” and an average target price of $15.31.

Kohl’s 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.