Comerica Bank Purchases 44,834 Shares of Kohl’s Corporation $KSS

Comerica Bank boosted its position in shares of Kohl’s Corporation (NYSE:KSS) by 113.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,352 shares of the company’s stock after acquiring an additional 44,834 shares during the period. Comerica Bank’s holdings in Kohl’s were worth $1,722,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. IFP Advisors Inc boosted 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 purchasing an additional 1,851 shares during the period. Caldwell Trust Co bought a new position in shares of Kohl’s in the third quarter worth $33,000. Farther Finance Advisors LLC raised its position in shares of 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 buying an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd purchased a new stake in shares of Kohl’s in the third quarter worth $39,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Kohl’s by 3,855.1% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,729 shares of the company’s stock valued at $42,000 after buying an additional 2,660 shares during the period. Institutional investors own 98.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KSS. The Goldman Sachs Group decreased their target price 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. Bank of America dropped their price target on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a research report on Thursday, March 12th. TD Cowen cut their price objective on Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group lowered their target price on shares of Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.83.

Kohl’s Price Performance

KSS opened at $14.45 on Thursday. The company has a current ratio of 1.46, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $1.62 billion, a P/E ratio of 6.12 and a beta of 1.46. The stock has a 50-day moving average price of $14.11 and a 200-day moving average price of $17.47. Kohl’s Corporation has a 12-month low of $6.47 and a 12-month high of $25.22.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.21. The company had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.Kohl’s’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period last year, the firm posted $0.95 EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities analysts predict that Kohl’s Corporation will post 1.31 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, March 18th. Kohl’s’s payout ratio is presently 21.19%.

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.