117,667 Shares in Kohl’s Corporation $KSS Acquired by Impax Asset Management Group plc

Impax Asset Management Group plc bought a new stake in Kohl’s Corporation (NYSE:KSS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 117,667 shares of the company’s stock, valued at approximately $998,000. Impax Asset Management Group plc owned approximately 0.11% of Kohl’s as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KSS. Hussman Strategic Advisors Inc. boosted its stake in Kohl’s by 40.0% in the 1st quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the company’s stock worth $1,202,000 after purchasing an additional 42,000 shares in the last quarter. New Republic Capital LLC purchased a new position in shares of Kohl’s in the first quarter worth $243,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of Kohl’s by 37.0% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company’s stock worth $1,649,000 after buying an additional 53,518 shares during the period. Jefferies Financial Group Inc. purchased a new stake in shares of Kohl’s during the first quarter valued at $409,000. Finally, XTX Topco Ltd increased its position in shares of Kohl’s by 313.1% in the 1st quarter. XTX Topco Ltd now owns 142,270 shares of the company’s stock valued at $1,164,000 after acquiring an additional 107,831 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Down 4.1%

NYSE KSS opened at $16.77 on Friday. The business has a fifty day moving average price of $16.37 and a 200 day moving average price of $12.34. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. The company has a market cap of $1.88 billion, a P/E ratio of 9.07 and a beta of 1.78. Kohl’s Corporation has a one year low of $6.04 and a one year high of $21.39.

Kohl’s (NYSE:KSS) last issued its earnings results on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the prior year, the business earned $0.59 earnings per share. The company’s quarterly revenue was down 5.0% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Research analysts anticipate that Kohl’s Corporation will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.0%. Kohl’s’s payout ratio is 27.03%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on KSS shares. Morgan Stanley boosted their price target on Kohl’s from $5.00 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, September 18th. JPMorgan Chase & Co. increased their price target on Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. UBS Group boosted their price objective on Kohl’s from $4.00 to $4.50 and gave the company a “sell” rating in a report on Thursday, August 28th. Barclays upped their target price on Kohl’s from $5.00 to $8.00 and gave the stock an “underweight” rating in a research note on Thursday, August 28th. Finally, Evercore ISI lifted their price target on Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a research report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $12.75.

Kohl’s Company Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.