The Goldman Sachs Group Cuts Kohl’s (NYSE:KSS) Price Target to $13.00

Kohl’s (NYSE:KSS) had its price objective decreased by The Goldman Sachs Group from $15.00 to $13.00 in a research report report published on Wednesday morning,Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

A number of other brokerages also recently issued reports on KSS. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. TD Cowen lowered their price target on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a research report on Wednesday. Wall Street Zen lowered shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. UBS Group raised their price objective on shares of Kohl’s from $7.00 to $8.00 and gave the stock a “sell” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $14.83.

Kohl’s Trading Down 0.6%

Shares of Kohl’s stock opened at $13.19 on Wednesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.12. The stock’s 50 day simple moving average is $17.88 and its 200-day simple moving average is $18.05. The stock has a market cap of $1.48 billion, a P/E ratio of 5.59 and a beta of 1.42. Kohl’s has a 1-year low of $6.04 and a 1-year high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Analysts predict that Kohl’s will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, March 18th. Kohl’s’s dividend payout ratio is 21.19%.

Institutional Trading of Kohl’s

A number of hedge funds and other institutional investors have recently modified their holdings of KSS. Fuller & Thaler Asset Management Inc. purchased a new stake in Kohl’s in the 4th quarter valued at about $49,796,000. JPMorgan Chase & Co. raised its holdings in Kohl’s by 3,123.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock valued at $30,912,000 after buying an additional 1,948,783 shares during the period. Wells Fargo & Company MN lifted its position in Kohl’s by 118.0% in the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after buying an additional 1,388,707 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Kohl’s in the fourth quarter valued at about $26,343,000. Finally, Hancock Whitney Corp purchased a new position in Kohl’s during the third quarter worth about $17,125,000. 98.04% of the stock is owned by institutional investors and hedge funds.

Kohl’s News Summary

Here are the key news stories impacting Kohl’s this week:

• Positive Sentiment: Kohl’s plans above-target employee bonuses, signaling management confidence in the early turnaround and improving margins; this supports the message that the restructuring and merchandising changes are gaining traction. Kohl’s Plans Above-Target Employee Bonuses as Turnaround Shows Early Progress
• Positive Sentiment: Kohl’s reported quarterly and fiscal results that beat expectations on EPS and revenue and set FY26 EPS guidance (1.00–1.60), supporting the case for earnings recovery and cash generation. Kohl’s (KSS) releases results for quarter and year to January 31, 2026
• Positive Sentiment: Management reiterated the 2026 outlook and highlighted progress in execution (assortment rationalization, private-label focus) that could drive better gross margins and traffic if sustained. Kohl’s Reports 2025 Results and Sets 2026 Outlook
• Positive Sentiment: Strategic shift — fewer SKUs, more exclusive/proprietary brands and lower-price entry points (items under $10) — aims to simplify operations and win back budget-conscious shoppers; this could support traffic and margin expansion over time. More ‘Fun,’ Fewer Choices, and Stuff Under $10: How Kohl’s Is Trying to Win Back Shoppers
• Neutral Sentiment: Kohl’s elevated Mari Steinmetz to a top people role, which may help execution on store and workforce initiatives but is unlikely to move the stock materially by itself. Kohl’s Elevates Mari Steinmetz to Top People Role
• Neutral Sentiment: Kohl’s inclusion/expansion within Russell 1000 index sector coverage is a structural detail for passive flows but is not an immediate catalyst. Kohl’s (NYSE:KSS) Expands Retail Reach In Russell 1000 Index Sector
• Negative Sentiment: Multiple sell-side firms have cut expectations and price targets (Bank of America lowered its PT to $15 with an underperform call; reports note downgrades/negative views from Baird, TD Cowen, Jefferies, Telsey and JPMorgan), increasing selling pressure and signaling skepticism about the durability of the turnaround. Bank of America price target cut / sell coverage Robert W. Baird Issues Pessimistic Forecast TD Cowen Lowers Expectations Jefferies Lowers Expectations
• Negative Sentiment: Unusually large put option activity (noted recent spike vs. average) and high post-earnings trading volume indicate elevated bearish positioning and short-term volatility risk. Kohl’s Sees Unusually-High Trading Volume Following Earnings Beat

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.