Traders Buy Large Volume of Kohl’s Call Options (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) was the target of some unusual options trading activity on Tuesday. Traders purchased 21,957 call options on the stock. This is an increase of approximately 92% compared to the typical volume of 11,464 call options.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. The Goldman Sachs Group reduced their price target on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a research report on Wednesday, March 11th. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a research report on Tuesday, March 10th. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. reduced their price target on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research report on Tuesday, March 10th. Finally, Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a research report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, Kohl’s has an average rating of “Reduce” and an average price target of $14.92.

Hedge Funds Weigh In On Kohl’s

Hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc raised 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 valued at $31,000 after acquiring an additional 1,851 shares during the period. Farther Finance Advisors LLC raised its stake 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 period. iSAM Funds UK Ltd bought a new stake in Kohl’s in the 3rd quarter valued at about $39,000. Plato Investment Management Ltd bought a new stake in Kohl’s in the 4th quarter valued at about $42,000. Finally, Hantz Financial Services Inc. raised its stake in Kohl’s by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after acquiring an additional 1,308 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl’s Stock Up 6.0%

KSS traded up $0.90 during mid-day trading on Tuesday, reaching $15.87. 8,074,425 shares of the stock were exchanged, compared to its average volume of 5,411,818. 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 has a market capitalization of $1.78 billion, a PE ratio of 6.49 and a beta of 1.45. The company has a 50 day moving average price of $13.51 and a two-hundred day moving average price of $17.04. Kohl’s has a 1 year low of $7.92 and a 1 year high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts anticipate that Kohl’s will post 1.31 EPS for the current year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, June 10th. Kohl’s’s payout ratio is currently 21.19%.

Kohl’s Company 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.