Kohl’s (NYSE:KSS) Trading Down 5.9% – Here’s What Happened

Shares of Kohl’s Corporation (NYSE:KSS) were down 5.9% during trading on Monday . The company traded as low as $17.21 and last traded at $17.1110. 763,151 shares changed hands during trading, a decline of 84% from the average daily volume of 4,834,533 shares. The stock had previously closed at $18.19.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KSS. The Goldman Sachs Group dropped their price objective on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Wednesday, March 11th. Jefferies Financial Group reduced their price objective on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Telsey Advisory Group reiterated a “market perform” rating and set a $17.00 target price on shares of Kohl’s in a research note on Tuesday, March 17th. Weiss Ratings cut Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Finally, Gordon Haskett cut shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price for the company. in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $15.31.

Kohl’s Price Performance

The company has a fifty day simple moving average of $15.36 and a two-hundred day simple moving average of $16.46. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 7.29 and a beta of 1.40. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl’s (NYSE:KSS) last released its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. The company had revenue of $3.17 billion for 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%.Kohl’s’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities research analysts expect that Kohl’s Corporation will post 1.38 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a $0.125 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. Kohl’s’s payout ratio is presently 21.19%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KSS. Vanguard Group Inc. lifted its stake in Kohl’s by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after purchasing an additional 273,500 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Kohl’s by 13.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock worth $81,811,000 after buying an additional 744,539 shares during the last quarter. Geode Capital Management LLC boosted its stake in Kohl’s by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after buying an additional 47,037 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Kohl’s by 107.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock valued at $31,980,000 after buying an additional 1,286,710 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. bought a new position in Kohl’s in the fourth quarter valued at about $49,796,000. 98.04% of the stock is owned by institutional investors.

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.