Kohl’s (NYSE:KSS) Insider Jennifer Kent Sells 18,352 Shares of Stock

Kohl’s Corporation (NYSE:KSS) insider Jennifer Kent sold 18,352 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $22.00, for a total transaction of $403,744.00. Following the sale, the insider directly owned 211,512 shares in the company, valued at $4,653,264. This represents a 7.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Stock Performance

Shares of NYSE KSS opened at $22.38 on Friday. The company has a 50-day simple moving average of $18.58 and a 200-day simple moving average of $16.73. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. The company has a market cap of $2.54 billion, a PE ratio of 9.77 and a beta of 1.32. Kohl’s Corporation has a 12 month low of $11.38 and a 12 month high of $25.22.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.70. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the firm posted $0.56 earnings per share. The company’s quarterly revenue was down .9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, equities analysts anticipate that Kohl’s Corporation will post 2.10 earnings per share for the current year.

Kohl’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were issued a $0.1250 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $0.50 annualized dividend and a yield of 2.2%. Kohl’s’s payout ratio is 21.83%.

Hedge Funds Weigh In On Kohl’s

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its position in Kohl’s by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after purchasing an additional 1,286,710 shares in the last quarter. Hsbc Holdings PLC lifted its position in Kohl’s by 1,497.7% during the fourth quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company’s stock valued at $23,406,000 after buying an additional 1,070,457 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in Kohl’s during the second quarter worth approximately $13,487,000. Dimensional Fund Advisors LP grew its stake in Kohl’s by 13.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock worth $81,811,000 after buying an additional 744,539 shares during the period. Finally, Amundi grew its stake in Kohl’s by 1,409.3% during the second quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after buying an additional 481,657 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KSS. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Telsey Advisory Group raised their target price on shares of Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a research report on Thursday, August 27th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. JPMorgan Chase & Co. upped their price target on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 18th. Finally, Robert W. Baird upped their price target on shares of Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $16.17.

About Kohl’s

Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.

Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.

The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.