Kohl’s (NYSE:KSS) Downgraded by Zacks Research to Hold

Zacks Research lowered shares of Kohl’s (NYSE:KSS) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks reports.

A number of other equities research analysts also recently weighed in on KSS. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. Weiss Ratings upgraded shares of Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Telsey Advisory Group raised their price target 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. JPMorgan Chase & Co. lifted their price objective on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 18th. Finally, Morgan Stanley started coverage on shares of Kohl’s in a report on Monday, July 6th. They issued an “underweight” rating and a $15.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $17.25.

Kohl’s Price Performance

Kohl’s stock opened at $23.60 on Monday. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 10.31 and a beta of 1.29. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87. Kohl’s has a 12 month low of $11.38 and a 12 month high of $25.22. The stock’s 50 day moving average is $19.76 and its 200-day moving average is $17.07.

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

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th were given a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, September 9th. Kohl’s’s dividend payout ratio is presently 21.83%.

Insider Activity

In other news, insider Jennifer Kent sold 22,940 shares of the stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $24.00, for a total transaction of $550,560.00. Following the sale, the insider directly owned 188,572 shares of the company’s stock, valued at approximately $4,525,728. This represents a 10.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 45,880 shares of company stock worth $1,055,240. Corporate insiders own 1.55% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Kohl’s in the 2nd quarter valued at $33,000. Pinnacle Holdings LLC bought a new position in shares of Kohl’s in the 2nd quarter valued at $47,000. Rockefeller Capital Management L.P. raised its holdings in shares of Kohl’s by 114.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company’s stock worth $63,000 after buying an additional 1,647 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Kohl’s by 16.2% during the 3rd quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock worth $86,000 after buying an additional 649 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new position in shares of Kohl’s during the 3rd quarter worth $198,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.