TD Cowen Begins Coverage on Kohl’s (NYSE:KSS)

Research analysts at TD Cowen started coverage on shares of Kohl’s (NYSE:KSS) in a research report issued to clients and investors on Friday, Zacks reports. The firm set a “hold” rating on the stock.

Several other analysts also recently weighed in on the company. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. Robert W. Baird raised their price objective on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Telsey Advisory Group lifted their target price on Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a report on Thursday, August 27th. Morgan Stanley began coverage on Kohl’s in a research report on Monday, July 6th. They issued an “underweight” rating and a $15.00 target price on the stock. Finally, Gordon Haskett upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Kohl’s has an average rating of “Reduce” and a consensus target price of $17.25.

Kohl’s Trading Down 1.1%

NYSE:KSS opened at $24.22 on Friday. The company has a market capitalization of $2.75 billion, a P/E ratio of 10.58 and a beta of 1.32. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87. Kohl’s has a 12 month low of $11.38 and a 12 month high of $25.22. The firm has a fifty day simple moving average of $19.52 and a 200-day simple moving average of $17.03.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.70. The firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The firm’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, equities research analysts anticipate that Kohl’s will post 2.10 earnings per share for the current year.

Insider Transactions at Kohl’s

In other Kohl’s news, EVP Jennifer Kent sold 22,942 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the sale, the executive vice president directly owned 234,452 shares of the company’s stock, valued at approximately $4,689,040. This represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 68,822 shares of company stock worth $1,514,080 in the last three months. Insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On Kohl’s

A number of institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Kohl’s in the second quarter worth about $33,000. Pinnacle Holdings LLC acquired a new position in Kohl’s in the second quarter valued at approximately $47,000. Rockefeller Capital Management L.P. lifted its holdings in Kohl’s by 114.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company’s stock valued at $63,000 after acquiring an additional 1,647 shares during the period. Signaturefd LLC lifted its holdings in Kohl’s by 16.2% in the third quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock valued at $86,000 after acquiring an additional 649 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Kohl’s in the 1st quarter worth approximately $169,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.