LSV Asset Management Has $13.18 Million Holdings in Kohl’s Corporation $KSS

LSV Asset Management lessened its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 37.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 857,700 shares of the company’s stock after selling 521,100 shares during the quarter. LSV Asset Management owned approximately 0.77% of Kohl’s worth $13,183,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Harbor Capital Advisors Inc. purchased a new position in Kohl’s during the third quarter valued at approximately $28,000. Caldwell Trust Co acquired a new stake in shares of Kohl’s during the 3rd quarter valued at $33,000. Future Financial Wealth Managment LLC grew its holdings in shares of Kohl’s by 400.0% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock valued at $38,000 after acquiring an additional 2,000 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Kohl’s by 3,855.1% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,729 shares of the company’s stock worth $42,000 after acquiring an additional 2,660 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators raised its holdings in shares of Kohl’s by 46.4% during the third quarter. Deseret Mutual Benefit Administrators now owns 2,832 shares of the company’s stock worth $44,000 after acquiring an additional 898 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kohl’s

In related news, CFO Jill Timm sold 25,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.75, for a total transaction of $568,750.00. Following the completion of the transaction, the chief financial officer owned 335,561 shares of the company’s stock, valued at approximately $7,634,012.75. The trade was a 6.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KSS. UBS Group upped their target price on Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a research report on Wednesday, November 26th. Robert W. Baird set a $24.00 price objective on shares of Kohl’s in a research report on Wednesday, December 17th. The Goldman Sachs Group lifted their target price on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. Citigroup increased their price target on shares of Kohl’s from $19.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Finally, TD Cowen restated a “hold” rating on shares of Kohl’s in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, Kohl’s currently has an average rating of “Reduce” and a consensus target price of $15.55.

Kohl’s Trading Up 4.9%

NYSE:KSS opened at $19.85 on Friday. The company’s 50 day moving average is $20.09 and its 200-day moving average is $17.54. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. Kohl’s Corporation has a 12 month low of $6.04 and a 12 month high of $25.22. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 11.54 and a beta of 1.44.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.29. The business had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. Kohl’s’s revenue was down 3.6% compared to the same quarter last year. During the same period last year, the business posted $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities analysts anticipate that Kohl’s Corporation will post 1.3 EPS for the current year.

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.