Kohl’s Corporation $KSS Shares Newly Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of Kohl’s Corporation (NYSE:KSS) in the 3rd quarter, HoldingsChannel reports. The fund bought 378,541 shares of the company’s stock, valued at approximately $6,988,000.

Other hedge funds also recently bought and sold shares of the company. Signaturefd LLC lifted its holdings in shares of Kohl’s by 16.2% in the 3rd quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock worth $86,000 after acquiring an additional 649 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Kohl’s by 3.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 34,677 shares of the company’s stock valued at $614,000 after purchasing an additional 1,077 shares during the period. GAMMA Investing LLC raised its position in Kohl’s by 3.0% in the third quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock valued at $884,000 after purchasing an additional 1,401 shares during the period. Sterling Capital Management LLC raised its position in Kohl’s by 6.3% in the third quarter. Sterling Capital Management LLC now owns 23,488 shares of the company’s stock valued at $434,000 after purchasing an additional 1,402 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in Kohl’s by 13.0% during the first quarter. Sequoia Financial Advisors LLC now owns 14,849 shares of the company’s stock worth $192,000 after purchasing an additional 1,709 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

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 value of $550,560.00. Following the sale, the insider directly owned 188,572 shares in the company, valued at approximately $4,525,728. This trade represents a 10.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,880 shares of company stock valued at $1,055,240 in the last 90 days. 1.55% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on KSS. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Friday, September 18th. TD Cowen began coverage on Kohl’s in a research note on Friday, October 30th. They issued a “hold” rating for the company. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, November 2nd. Telsey Advisory Group increased their target price on Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a research note on Thursday, August 27th. Finally, Robert W. Baird increased their target price on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $17.25.

Kohl’s Price Performance

Shares of KSS opened at $23.56 on Friday. Kohl’s Corporation has a fifty-two week low of $11.38 and a fifty-two week high of $25.60. The firm’s 50 day moving average price is $20.64 and its 200 day moving average price is $17.29. The company has a market cap of $2.67 billion, a P/E ratio of 10.62 and a beta of 1.29. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 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 company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter last year, the company posted $0.56 EPS. The firm’s 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, research analysts forecast that Kohl’s Corporation will post 2.10 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

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

About Kohl’s

Kohl’s Corporation is a U.S. department store retailer that sells apparel, footwear, accessories, beauty products and home goods through its stores and e-commerce platform. Its assortment includes national brands and private-label products for families and individuals. The company also offers beauty products through Sephora shops located in many Kohl’s stores, extending its in-store and online shopping selection. Kohl’s serves customers across the United States. The company traces its retail roots to 1962, when founder Maxwell Kohl opened the first Kohl’s department store in Brookfield, Wisconsin.