Kohl’s Corporation $KSS Stock Holdings Cut by Pacer Advisors Inc.

Pacer Advisors Inc. cut its position in shares of Kohl’s Corporation (NYSE:KSS) by 19.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 888,235 shares of the company’s stock after selling 213,393 shares during the quarter. Pacer Advisors Inc.’s holdings in Kohl’s were worth $11,458,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of Kohl’s by 23.5% in the first quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock valued at $8,592,000 after buying an additional 126,550 shares during the period. Segall Bryant & Hamill LLC acquired a new position in Kohl’s during the first quarter worth about $919,000. Kentucky Retirement Systems acquired a new position in Kohl’s during the first quarter worth about $214,000. California State Teachers Retirement System raised its position in Kohl’s by 24.3% in the first quarter. California State Teachers Retirement System now owns 131,975 shares of the company’s stock worth $1,702,000 after acquiring an additional 25,811 shares in the last quarter. Finally, Royal Bank of Canada raised its position in Kohl’s by 60.1% in the first quarter. Royal Bank of Canada now owns 159,401 shares of the company’s stock worth $2,056,000 after acquiring an additional 59,833 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

Insider Activity at Kohl’s

In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the transaction, the executive vice president directly owned 234,452 shares in the company, valued at $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by insiders.

Kohl’s Stock Up 0.3%

Shares of Kohl’s stock opened at $20.16 on Wednesday. Kohl’s Corporation has a 12-month low of $10.85 and a 12-month high of $25.22. The firm has a market capitalization of $2.29 billion, a PE ratio of 8.54 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. The stock’s fifty day moving average is $17.35 and its 200-day moving average is $15.94.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $3.17 billion during 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 revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities analysts anticipate that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.5%. Kohl’s’s dividend payout ratio is currently 21.19%.

Wall Street Analysts Forecast Growth

KSS has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research note on Sunday, June 7th. UBS Group boosted their target price on shares of Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a report on Friday, May 29th. Bank of America cut their target price on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. Finally, TD Cowen raised their target price on shares of Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Kohl’s currently has a consensus rating of “Reduce” and a consensus target price of $15.31.

About Kohl’s

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.