Kohl’s (NYSE:KSS) Trading Down 7% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS)’s stock price fell 7% during trading on Thursday . The company traded as low as $17.71 and last traded at $17.5260. Approximately 904,457 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 4,522,326 shares. The stock had previously closed at $18.84.

Wall Street Analysts Forecast Growth

KSS has been the subject of several analyst reports. TD Cowen upped their price target on shares of Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a research report on Monday, June 8th. Citigroup raised Kohl’s from a “neutral” rating to a “buy” rating and boosted their target price for the company from $14.00 to $22.00 in a research note on Monday, June 1st. UBS Group raised 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. JPMorgan Chase & Co. lifted their price target on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research note on Tuesday. Finally, Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $15.46.

Kohl’s Stock Performance

The business’s fifty day simple moving average is $18.16 and its 200-day simple moving average is $16.03. The firm has a market cap of $1.95 billion, a P/E ratio of 7.30 and a beta of 1.40. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93.

Kohl’s (NYSE:KSS) last issued 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 firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the prior 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, sell-side analysts expect that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. Kohl’s’s payout ratio is 21.19%.

Insider Activity at Kohl’s

In related news, EVP Jennifer J. Kent sold 22,942 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the sale, the executive vice president owned 234,452 shares of the company’s stock, valued at $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KSS. ProShare Advisors LLC lifted its position in shares of Kohl’s by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after purchasing an additional 631 shares during the period. State of Alaska Department of Revenue raised its stake in Kohl’s by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock worth $1,163,000 after buying an additional 639 shares in the last quarter. Guggenheim Capital LLC raised its stake in Kohl’s by 1.0% in the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock worth $1,594,000 after buying an additional 774 shares in the last quarter. Sei Investments Co. lifted its holdings in Kohl’s by 2.9% in the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock worth $471,000 after buying an additional 868 shares during the period. Finally, Bank of Montreal Can lifted its holdings in Kohl’s by 6.1% in the fourth quarter. Bank of Montreal Can now owns 17,399 shares of the company’s stock worth $355,000 after buying an additional 995 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.