Dupree Financial Group LLC purchased a new position in shares of Kohl’s Corporation (NYSE:KSS – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 105,781 shares of the company’s stock, valued at approximately $1,953,000.
Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in Kohl’s by 3.0% in the third quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock valued at $884,000 after purchasing an additional 1,401 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Kohl’s during the 2nd quarter worth about $33,000. Amundi lifted its holdings in Kohl’s by 1,409.3% during the 2nd quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after buying an additional 481,657 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Kohl’s during the 2nd quarter worth about $1,325,000. Finally, AXQ Capital LP bought a new stake in shares of Kohl’s in the 2nd quarter valued at about $452,000. Institutional investors and hedge funds own 98.04% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on KSS shares. Weiss Ratings raised Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Telsey Advisory Group lifted their price objective on Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a research note on Thursday, August 27th. Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. JPMorgan Chase & Co. increased their target price on shares of Kohl’s from $15.00 to $17.00 and gave the company an “underweight” rating in a research report on Tuesday, August 18th. Finally, BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $16.17.
Insider Transactions at Kohl’s
In other Kohl’s news, EVP Jennifer Kent sold 22,942 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the transaction, the executive vice president directly owned 234,452 shares in the company, valued at approximately $4,689,040. This represents a 8.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.55% of the company’s stock.
Kohl’s Stock Performance
Shares of KSS opened at $20.34 on Friday. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87. The firm’s fifty day simple moving average is $18.43 and its two-hundred day simple moving average is $16.46. Kohl’s Corporation has a 12 month low of $11.38 and a 12 month high of $25.22. The stock has a market capitalization of $2.31 billion, a P/E ratio of 8.88 and a beta of 1.32.
Kohl’s (NYSE:KSS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.70. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The business’s quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the company posted $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, analysts predict that Kohl’s Corporation will post 2.10 EPS for the current year.
Kohl’s Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were issued a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Wednesday, September 9th. Kohl’s’s payout ratio is presently 21.83%.
Kohl’s Profile
Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.
Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.
The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.
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