New York State Teachers Retirement System Sells 33,465 Shares of Kohl’s Corporation $KSS

New York State Teachers Retirement System lowered its position in Kohl’s Corporation (NYSE:KSS) by 28.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 84,905 shares of the company’s stock after selling 33,465 shares during the period. New York State Teachers Retirement System’s holdings in Kohl’s were worth $1,095,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in shares of Kohl’s by 233.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in Kohl’s in the fourth quarter worth approximately $42,000. Hantz Financial Services Inc. increased its position in shares of Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after purchasing an additional 1,308 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in Kohl’s in the 4th quarter worth $45,000. Institutional investors own 98.04% of the company’s stock.

Kohl’s Price Performance

Kohl’s stock opened at $16.77 on Monday. The company’s 50 day simple moving average is $15.54 and its 200-day simple moving average is $16.25. Kohl’s Corporation has a 1 year low of $9.19 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 7.10 and a beta of 1.40.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates 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 for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities research analysts expect that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.0%. Kohl’s’s payout ratio is 21.19%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on KSS shares. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research note on Sunday, June 7th. Bank of America dropped their price objective on Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research note on Friday, May 29th. UBS Group boosted their price target on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Finally, Gordon Haskett cut Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $15.31.

Kohl’s 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.