Leonteq Securities AG acquired a new position in shares of Kohl’s Corporation (NYSE:KSS – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 56,932 shares of the company’s stock, valued at approximately $1,162,000.
Several other hedge funds have also recently bought and sold shares of the stock. ProShare Advisors LLC raised its stake in Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after acquiring an additional 631 shares in the last quarter. State of Alaska Department of Revenue raised its stake in Kohl’s by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock worth $1,163,000 after acquiring an additional 639 shares in the last quarter. Arizona State Retirement System raised its stake in Kohl’s by 2.0% during the third quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock worth $510,000 after acquiring an additional 666 shares in the last quarter. GAMMA Investing LLC raised its stake in Kohl’s by 1.6% during the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after acquiring an additional 785 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Kohl’s by 2.9% during the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock worth $471,000 after acquiring an additional 868 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the company. Bank of America lowered their target price on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a research note on Thursday, March 12th. Citigroup lowered their target price on Kohl’s from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. Jefferies Financial Group lowered their target price on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Finally, UBS Group raised their target price on Kohl’s from $7.00 to $8.00 and gave the company a “sell” rating in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.77.
Kohl’s Stock Performance
Shares of NYSE:KSS opened at $12.74 on Friday. Kohl’s Corporation has a twelve month low of $7.47 and a twelve month high of $25.22. The firm has a market cap of $1.43 billion, a PE ratio of 5.40 and a beta of 1.46. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46. The business has a fifty day moving average of $13.38 and a 200-day moving average of $17.20.
Kohl’s (NYSE:KSS – Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.21. The business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities research analysts predict that Kohl’s Corporation will post 1.31 EPS for the current fiscal year.
Kohl’s Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.50 annualized dividend and a yield of 3.9%. Kohl’s’s dividend payout ratio (DPR) is currently 21.19%.
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.
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