Hsbc Holdings PLC Lowers Stake in Kohl’s Corporation $KSS

Hsbc Holdings PLC lessened its position in Kohl’s Corporation (NYSE:KSS) by 73.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 303,006 shares of the company’s stock after selling 838,926 shares during the period. Hsbc Holdings PLC’s holdings in Kohl’s were worth $3,882,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc grew its stake in Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after acquiring an additional 1,851 shares during the period. Farther Finance Advisors LLC raised its holdings in Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Kohl’s during the 3rd quarter worth $39,000. Plato Investment Management Ltd purchased a new position in shares of Kohl’s during the 4th quarter worth $42,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analyst Upgrades and Downgrades

KSS has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an “underweight” rating and issued a $15.00 price objective on shares of Kohl’s in a research report on Monday, July 6th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. UBS Group raised their price target on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Friday, May 29th. Gordon Haskett cut Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a report on Friday, May 15th. Finally, Weiss Ratings downgraded shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $15.31.

Kohl’s Price Performance

KSS stock opened at $17.92 on Friday. The stock has a 50-day moving average price of $16.39 and a two-hundred day moving average price of $16.04. Kohl’s Corporation has a 12-month low of $10.33 and a 12-month high of $25.22. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The company has a market cap of $2.03 billion, a PE ratio of 7.59 and a beta of 1.40.

Kohl’s (NYSE:KSS) last announced its quarterly 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 company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm’s revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts predict that Kohl’s Corporation will post 1.36 EPS for the current year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, June 10th. Kohl’s’s dividend payout ratio is 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.