Kohl’s (NYSE:KSS) CFO Jill Timm Sells 25,000 Shares of Stock

Kohl’s Corporation (NYSE:KSS) CFO Jill Timm sold 25,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.75, for a total transaction of $568,750.00. Following the completion of the transaction, the chief financial officer directly owned 335,561 shares in the company, valued at approximately $7,634,012.75. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Kohl’s Price Performance

KSS stock traded up $0.33 during mid-day trading on Friday, reaching $22.91. The company’s stock had a trading volume of 238,641 shares, compared to its average volume of 9,697,604. The stock has a market cap of $2.57 billion, a PE ratio of 13.31 and a beta of 1.45. The company’s 50 day moving average is $17.38 and its two-hundred day moving average is $13.59. Kohl’s Corporation has a fifty-two week low of $6.04 and a fifty-two week high of $25.22. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The company had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the previous year, the company posted $0.20 earnings per share. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities research analysts expect that Kohl’s Corporation will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, December 10th. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Institutional Investors Weigh In On Kohl’s

Institutional investors and hedge funds have recently bought and sold shares of the stock. National Bank of Canada FI purchased a new stake in shares of Kohl’s in the 1st quarter valued at about $25,000. Smartleaf Asset Management LLC boosted its stake in Kohl’s by 161.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after purchasing an additional 1,887 shares during the period. Harbor Capital Advisors Inc. purchased a new position in Kohl’s during the 3rd quarter worth $28,000. IFP Advisors Inc raised its holdings in shares of Kohl’s by 3,777.6% in the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after buying an additional 1,851 shares during the last quarter. Finally, Caldwell Trust Co acquired a new stake in shares of Kohl’s during the third quarter worth about $33,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KSS has been the topic of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. The Goldman Sachs Group boosted their price target on shares of Kohl’s from $11.00 to $15.00 and gave the stock a “sell” rating in a research note on Wednesday, November 26th. Wall Street Zen raised shares of Kohl’s from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Jefferies Financial Group boosted their price target on shares of Kohl’s from $17.00 to $20.00 and gave the stock a “hold” rating in a report on Tuesday, November 25th. Finally, Robert W. Baird increased their price objective on shares of Kohl’s from $17.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $15.18.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.