Quantum Portfolio Management LLC Purchases New Stake in Kohl’s Corporation $KSS

Quantum Portfolio Management LLC acquired a new position in shares of Kohl’s Corporation (NYSE:KSS) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,770 shares of the company’s stock, valued at approximately $565,000.

Other hedge funds have also added to or reduced their stakes in the company. ProShare Advisors LLC boosted its stake in Kohl’s by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock valued at $433,000 after acquiring an additional 631 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Kohl’s by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock worth $1,163,000 after purchasing an additional 639 shares during the last quarter. Guggenheim Capital LLC raised its holdings in shares of Kohl’s by 1.0% in the 4th quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock worth $1,594,000 after purchasing an additional 774 shares during the period. GAMMA Investing LLC raised its holdings in shares of Kohl’s by 1.6% in the 4th quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after purchasing an additional 785 shares during the period. Finally, Sei Investments Co. lifted its stake in Kohl’s by 2.9% in the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock valued at $471,000 after purchasing an additional 868 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Down 5.1%

KSS opened at $15.90 on Thursday. Kohl’s Corporation has a 12 month low of $9.01 and a 12 month high of $25.22. The company has a market cap of $1.80 billion, a PE ratio of 6.74 and a beta of 1.40. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The company has a 50 day moving average of $15.45 and a 200 day moving average of $16.33.

Kohl’s (NYSE:KSS) last issued its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $3.17 billion for 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 revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts expect that Kohl’s Corporation will post 1.36 EPS for the current year.

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s payout ratio is presently 21.19%.

Analyst Ratings Changes

Several brokerages have weighed in on KSS. Zacks Research lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Bank of America lowered their target price on Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research note on Friday, May 29th. UBS Group upped their price target on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Friday, May 29th. Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and increased their price target for the stock from $14.00 to $22.00 in a research note on Monday, June 1st. Finally, TD Cowen lifted their price objective on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock 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.