Kohl’s Corporation $KSS Shares Bought by Royal Bank of Canada

Royal Bank of Canada lifted its holdings in Kohl’s Corporation (NYSE:KSS) by 60.1% in the 1st quarter, HoldingsChannel reports. The firm owned 159,401 shares of the company’s stock after purchasing an additional 59,833 shares during the quarter. Royal Bank of Canada’s holdings in Kohl’s were worth $2,056,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Baird Financial Group Inc. bought a new stake in shares of Kohl’s during the first quarter valued at about $96,000. Caxton Associates LLP bought a new position in Kohl’s in the 1st quarter valued at about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kohl’s by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after buying an additional 60,769 shares during the period. Envestnet Asset Management Inc. acquired a new position in Kohl’s during the 2nd quarter valued at about $120,000. Finally, Cetera Investment Advisers increased its stake in Kohl’s by 21.6% during the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock valued at $286,000 after buying an additional 5,997 shares during the period. Institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Performance

Shares of NYSE KSS opened at $19.22 on Tuesday. The stock’s fifty day simple moving average is $18.05 and its 200 day simple moving average is $16.00. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 8.14 and a beta of 1.40. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. Kohl’s Corporation has a 52-week low of $11.38 and a 52-week high of $25.22.

Kohl’s (NYSE:KSS) last announced its earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the prior year, the business posted ($0.13) earnings per share. Kohl’s’s revenue was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, sell-side analysts forecast that Kohl’s Corporation will post 1.36 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.6%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s payout ratio is presently 21.19%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. Zacks Research lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Weiss Ratings raised Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Bank of America cut their target price on Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research report on Friday, May 29th. Finally, Wall Street Zen lowered Kohl’s from a “buy” rating to a “hold” rating in a research note on Sunday, June 7th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, Kohl’s presently has a consensus rating of “Reduce” and an average price target of $15.31.

Insider Buying and Selling

In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $20.00, for a total transaction of $458,840.00. Following the completion of 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.

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.