Kohl’s (NYSE:KSS) EVP Sells $24,029.47 in Stock

Kohl’s Corporation (NYSE:KSS) EVP Mari Steinmetz sold 1,847 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $13.01, for a total transaction of $24,029.47. Following the transaction, the executive vice president owned 244,273 shares in the company, valued at approximately $3,177,991.73. This represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mari Steinmetz also recently made the following trade(s):

• On Tuesday, March 31st, Mari Steinmetz sold 107 shares of Kohl’s stock. The shares were sold at an average price of $12.65, for a total value of $1,353.55.
• On Friday, March 20th, Mari Steinmetz sold 1,583 shares of Kohl’s stock. The shares were sold at an average price of $12.81, for a total value of $20,278.23.

Kohl’s Stock Down 0.2%

KSS opened at $12.80 on Friday. The business has a 50-day moving average of $15.81 and a 200-day moving average of $17.74. 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 market capitalization of $1.44 billion, a PE ratio of 5.42 and a beta of 1.46. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.37.

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

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, March 18th. Kohl’s’s payout ratio is currently 21.19%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. bought a new stake in shares of Kohl’s during the 3rd quarter worth approximately $28,000. IFP Advisors Inc grew its stake 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 in the last quarter. Caldwell Trust Co acquired a new position in Kohl’s during the third quarter worth $33,000. Farther Finance Advisors LLC increased its holdings in Kohl’s by 233.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after buying an additional 1,167 shares during the last quarter. Finally, Future Financial Wealth Managment LLC raised its position in Kohl’s by 400.0% during the third quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock worth $38,000 after acquiring an additional 2,000 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Jefferies Financial Group lowered their target price on shares of Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Robert W. Baird reduced their price target on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. UBS Group lifted their target price on shares of Kohl’s from $7.00 to $8.00 and gave the company a “sell” rating in a research note on Wednesday, March 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, Kohl’s has an average rating of “Reduce” and a consensus price target of $14.83.

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.