Kohl’s (NYSE:KSS) Trading Down 8.5% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS) dropped 8.5% on Monday . The stock traded as low as $13.29 and last traded at $13.2660. Approximately 858,903 shares changed hands during trading, a decline of 81% from the average daily volume of 4,414,515 shares. The stock had previously closed at $14.50.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on KSS shares. Robert W. Baird lowered their price target on Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. UBS Group upped their target price on shares of Kohl’s from $7.00 to $8.00 and gave the company a “sell” rating in a report on Wednesday, March 11th. The Goldman Sachs Group dropped their price target on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. dropped their price objective 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, March 10th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $14.83.

Kohl’s Trading Down 2.6%

The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 5.40 and a beta of 1.46. The business’s 50 day moving average price is $13.83 and its 200-day moving average price is $17.40. 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 quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (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 firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the prior year, the company posted $0.95 earnings per share. The firm’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. Equities analysts forecast that Kohl’s Corporation will post 1.31 EPS for the current fiscal year.

Kohl’s Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Kohl’s by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after purchasing an additional 273,500 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Kohl’s by 13.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock valued at $81,811,000 after purchasing an additional 744,539 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Kohl’s by 7.5% in the third quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after purchasing an additional 351,691 shares during the period. Geode Capital Management LLC boosted its holdings in Kohl’s by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock worth $55,177,000 after buying an additional 47,037 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in Kohl’s during the fourth quarter worth about $49,796,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company Profile

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.