Kohl’s (NYSE:KSS) Trading Up 10.5% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS) rose 10.5% during mid-day trading on Thursday . The company traded as high as $17.12 and last traded at $17.5410. Approximately 2,740,059 shares were traded during trading, a decline of 43% from the average daily volume of 4,779,310 shares. The stock had previously closed at $15.87.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on KSS shares. Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. Gordon Haskett lowered Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target on the stock. in a research note on Friday, May 15th. The Goldman Sachs Group decreased 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. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. Finally, Wall Street Zen lowered Kohl’s from a “buy” rating to a “hold” rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $14.85.

Kohl’s Stock Up 9.6%

The business’s 50 day moving average price is $13.97 and its 200-day moving average price is $17.02. The firm has a market capitalization of $1.97 billion, a PE ratio of 7.38 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl’s (NYSE:KSS) last released its quarterly 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 the consensus estimate 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 was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.13) EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities research analysts forecast that Kohl’s Corporation will post 1.31 earnings per share for the current year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Wednesday, June 10th. Kohl’s’s dividend payout ratio is presently 21.19%.

Institutional Investors Weigh In On Kohl’s

Large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc increased its stake in Kohl’s by 3,777.6% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after buying an additional 1,851 shares during the period. Farther Finance Advisors LLC increased its stake in Kohl’s by 233.9% during the 4th 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 period. iSAM Funds UK Ltd purchased a new stake in Kohl’s during the 3rd quarter worth approximately $39,000. Plato Investment Management Ltd purchased a new stake in Kohl’s during the 4th quarter worth approximately $42,000. Finally, Hantz Financial Services Inc. increased its stake in Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after buying an additional 1,308 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.