Dupree Financial Group LLC acquired a new position in shares of Kohl’s Corporation (NYSE:KSS – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 105,781 shares of the company’s stock, valued at approximately $1,953,000. Dupree Financial Group LLC owned approximately 0.09% of Kohl’s as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of Kohl’s during the 2nd quarter worth approximately $33,000. Pinnacle Holdings LLC acquired a new stake in shares of Kohl’s during the 2nd quarter worth approximately $47,000. Caitong International Asset Management Co. Ltd bought a new position in Kohl’s in the fourth quarter valued at approximately $55,000. Rockefeller Capital Management L.P. increased its stake in Kohl’s by 114.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company’s stock valued at $63,000 after acquiring an additional 1,647 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Kohl’s during the first quarter valued at approximately $169,000. 98.04% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Robert W. Baird boosted their price target on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. JPMorgan Chase & Co. upped their price objective on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 18th. Weiss Ratings raised Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $15.00 target price on shares of Kohl’s in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $16.17.
Insider Buying and Selling
In other news, EVP Jennifer Kent sold 22,942 shares of Kohl’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the sale, the executive vice president directly owned 234,452 shares of the company’s stock, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.
Kohl’s Stock Performance
Shares of Kohl’s stock opened at $20.34 on Friday. The company’s 50 day moving average price is $18.43 and its two-hundred day moving average price is $16.46. The firm has a market capitalization of $2.31 billion, a P/E ratio of 8.88 and a beta of 1.32. Kohl’s Corporation has a fifty-two week low of $11.38 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41.
Kohl’s (NYSE:KSS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $3.32 billion. During the same period in the prior year, the business earned $0.56 earnings per share. The company’s revenue for the quarter 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, equities analysts forecast that Kohl’s Corporation will post 2.10 earnings per share for the current fiscal year.
Kohl’s Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were given a $0.1250 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $0.50 annualized dividend and a yield of 2.5%. Kohl’s’s dividend payout ratio (DPR) is currently 21.83%.
Kohl’s Company Profile
Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.
Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.
The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.
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