Kohl’s Corporation (NYSE:KSS – Get Free Report) has received a consensus recommendation of “Reduce” from the fifteen analysts that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $17.25.
A number of research firms have commented on KSS. Zacks Research downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, November 2nd. Telsey Advisory Group upped their price target on Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a research report on Thursday, August 27th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Friday, September 18th. TD Cowen assumed coverage on Kohl’s in a report on Friday, October 30th. They issued a “hold” rating for the company. Finally, Robert W. Baird lifted their price objective on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th.
Check Out Our Latest Report on Kohl’s
Insider Activity
In other Kohl’s news, insider Jennifer Kent sold 22,940 shares of the firm’s stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $24.00, for a total value of $550,560.00. Following the completion of the sale, the insider directly owned 188,572 shares of the company’s stock, valued at $4,525,728. This trade represents a 10.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 45,880 shares of company stock valued at $1,055,240. 1.55% of the stock is owned by company insiders.
Institutional Investors Weigh In On Kohl’s
A number of hedge funds have recently modified their holdings of KSS. Bessemer Group Inc. increased its stake in shares of Kohl’s by 0.3% in the third quarter. Bessemer Group Inc. now owns 210,424 shares of the company’s stock valued at $3,884,000 after purchasing an additional 583 shares during the period. Signaturefd LLC grew its holdings in Kohl’s by 16.2% in the 3rd quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock worth $86,000 after buying an additional 649 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Kohl’s by 3.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,677 shares of the company’s stock worth $614,000 after buying an additional 1,077 shares in the last quarter. GAMMA Investing LLC increased its position in Kohl’s by 3.0% in the 3rd quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock valued at $884,000 after acquiring an additional 1,401 shares during the period. Finally, Sterling Capital Management LLC increased its position in Kohl’s by 6.3% in the 3rd quarter. Sterling Capital Management LLC now owns 23,488 shares of the company’s stock valued at $434,000 after acquiring an additional 1,402 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.
Kohl’s Stock Up 7.9%
Kohl’s stock opened at $24.85 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 10.85 and a beta of 1.29. Kohl’s has a 1-year low of $11.38 and a 1-year high of $25.60. The business has a fifty day moving average price of $20.28 and a 200-day moving average price of $17.19.
Kohl’s (NYSE:KSS – Get Free Report) last announced its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.70. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the firm posted $0.56 EPS. The business’s revenue was down .9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. Equities research analysts forecast that Kohl’s will post 2.10 EPS for the current fiscal 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 issued a $0.1250 dividend. This represents a $0.50 annualized dividend and a yield of 2.0%. The ex-dividend date was Wednesday, September 9th. Kohl’s’s dividend payout ratio is presently 21.83%.
About Kohl’s
Kohl’s Corporation is a U.S. department store retailer that sells apparel, footwear, accessories, beauty products and home goods through its stores and e-commerce platform. Its assortment includes national brands and private-label products for families and individuals.
The company also offers beauty products through Sephora shops located in many Kohl’s stores, extending its in-store and online shopping selection. Kohl’s serves customers across the United States.
The company traces its retail roots to 1962, when founder Maxwell Kohl opened the first Kohl’s department store in Brookfield, Wisconsin.
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