Kohl’s Corporation $KSS Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its position in Kohl’s Corporation (NYSE:KSS) by 15.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,777 shares of the company’s stock after selling 3,327 shares during the quarter. Blair William & Co. IL’s holdings in Kohl’s were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in KSS. GAMMA Investing LLC raised its stake in Kohl’s by 360.2% in the 1st quarter. GAMMA Investing LLC now owns 6,456 shares of the company’s stock valued at $53,000 after purchasing an additional 5,053 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Kohl’s by 15.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,561 shares of the company’s stock valued at $168,000 after purchasing an additional 2,759 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Kohl’s by 14.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,762 shares of the company’s stock valued at $121,000 after purchasing an additional 1,849 shares during the last quarter. Wealth Effects LLC acquired a new stake in shares of Kohl’s in the 1st quarter worth $123,000. Finally, Illinois Municipal Retirement Fund increased its stake in shares of Kohl’s by 22.7% in the 1st quarter. Illinois Municipal Retirement Fund now owns 73,632 shares of the company’s stock worth $602,000 after acquiring an additional 13,645 shares during the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s Stock Performance

NYSE KSS opened at $15.44 on Monday. The stock has a market cap of $1.73 billion, a PE ratio of 8.35 and a beta of 1.71. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 1.00. Kohl’s Corporation has a twelve month low of $6.04 and a twelve month high of $21.39. The stock has a fifty day simple moving average of $15.45 and a 200-day simple moving average of $10.99.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The company’s revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 EPS. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Equities analysts anticipate that Kohl’s Corporation will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.2%. Kohl’s’s dividend payout ratio (DPR) is currently 27.03%.

Analysts Set New Price Targets

A number of brokerages have issued reports on KSS. UBS Group raised their target price on Kohl’s from $4.00 to $4.50 and gave the stock a “sell” rating in a research note on Thursday, August 28th. The Goldman Sachs Group raised their target price on Kohl’s from $7.00 to $11.00 and gave the stock a “sell” rating in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Thursday, August 28th. Finally, BTIG Research began coverage on Kohl’s in a research note on Tuesday, October 14th. They issued a “neutral” rating for the company. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $12.75.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.