Kohl’s (NYSE:KSS) Trading Down 7% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS)’s share price dropped 7% on Thursday . The company traded as low as $17.71 and last traded at $17.5260. 904,457 shares traded hands during trading, a decline of 80% from the average daily volume of 4,522,326 shares. The stock had previously closed at $18.84.

Wall Street Analyst Weigh In

KSS has been the topic of several recent analyst reports. Bank of America lowered their target price on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research note on Friday, May 29th. TD Cowen upped their price target 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. Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. Zacks Research lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, Kohl’s currently has an average rating of “Reduce” and a consensus price target of $15.46.

Kohl’s Price Performance

The business’s 50 day moving average is $18.16 and its two-hundred day moving average is $16.03. The firm has a market capitalization of $1.95 billion, a PE ratio of 7.30 and a beta of 1.40. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts anticipate that Kohl’s Corporation will post 1.36 EPS for the current year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be given a $0.125 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $0.50 annualized dividend and a yield of 2.9%. Kohl’s’s payout ratio is 21.19%.

Insider Transactions at Kohl’s

In related news, EVP Jennifer J. Kent sold 22,942 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total value of $458,840.00. Following the transaction, the executive vice president owned 234,452 shares of the company’s stock, valued at $4,689,040. This represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Several hedge funds have recently added to or reduced their stakes in KSS. Fuller & Thaler Asset Management Inc. purchased a new stake in Kohl’s in the fourth quarter worth approximately $49,796,000. Wells Fargo & Company MN raised its stake in shares of Kohl’s by 118.0% during the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock worth $4,320,000 after acquiring an additional 1,388,707 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Kohl’s in the 4th quarter worth approximately $26,343,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Kohl’s by 107.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after acquiring an additional 1,286,710 shares during the last quarter. Finally, Hancock Whitney Corp purchased a new stake in shares of Kohl’s in the 3rd quarter valued at $17,125,000. Institutional investors own 98.04% 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.