Robert W. Baird Cuts Kohl’s (NYSE:KSS) Price Target to $20.00

Kohl’s (NYSE:KSS) had its price target decreased by Robert W. Baird from $24.00 to $20.00 in a research report released on Wednesday,Benzinga reports. Robert W. Baird currently has a neutral rating on the stock.

Several other research firms also recently weighed in on KSS. Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Telsey Advisory Group reduced their price target on Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. Citigroup lowered their price objective on Kohl’s from $23.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group boosted their price objective on Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.83.

Kohl’s Stock Down 0.6%

Shares of KSS stock opened at $13.19 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 0.12 and a debt-to-equity ratio of 0.94. Kohl’s has a 12 month low of $6.04 and a 12 month high of $25.22. The stock has a market cap of $1.48 billion, a P/E ratio of 5.59 and a beta of 1.42. The company has a 50 day simple moving average of $17.88 and a two-hundred day simple moving average of $18.05.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the company posted $0.95 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, research analysts expect that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Wednesday, March 18th. Kohl’s’s payout ratio is presently 21.19%.

Institutional Trading of Kohl’s

Institutional investors have recently made changes to their positions in the business. ProShare Advisors LLC lifted its holdings in 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 in the last quarter. State of Alaska Department of Revenue grew its holdings in Kohl’s by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after buying an additional 639 shares in the last quarter. Arizona State Retirement System raised its position in shares of Kohl’s by 2.0% during the third quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after buying an additional 666 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of Kohl’s by 1.0% during the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after buying an additional 774 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Kohl’s by 1.6% in the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after buying an additional 785 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Trending Headlines about Kohl’s

Here are the key news stories impacting Kohl’s this week:

• Positive Sentiment: Kohl’s plans above-target employee bonuses, signaling management confidence in the early turnaround and improving margins; this supports the message that the restructuring and merchandising changes are gaining traction. Kohl’s Plans Above-Target Employee Bonuses as Turnaround Shows Early Progress
• Positive Sentiment: Kohl’s reported quarterly and fiscal results that beat expectations on EPS and revenue and set FY26 EPS guidance (1.00–1.60), supporting the case for earnings recovery and cash generation. Kohl’s (KSS) releases results for quarter and year to January 31, 2026
• Positive Sentiment: Management reiterated the 2026 outlook and highlighted progress in execution (assortment rationalization, private-label focus) that could drive better gross margins and traffic if sustained. Kohl’s Reports 2025 Results and Sets 2026 Outlook
• Positive Sentiment: Strategic shift — fewer SKUs, more exclusive/proprietary brands and lower-price entry points (items under $10) — aims to simplify operations and win back budget-conscious shoppers; this could support traffic and margin expansion over time. More ‘Fun,’ Fewer Choices, and Stuff Under $10: How Kohl’s Is Trying to Win Back Shoppers
• Neutral Sentiment: Kohl’s elevated Mari Steinmetz to a top people role, which may help execution on store and workforce initiatives but is unlikely to move the stock materially by itself. Kohl’s Elevates Mari Steinmetz to Top People Role
• Neutral Sentiment: Kohl’s inclusion/expansion within Russell 1000 index sector coverage is a structural detail for passive flows but is not an immediate catalyst. Kohl’s (NYSE:KSS) Expands Retail Reach In Russell 1000 Index Sector
• Negative Sentiment: Multiple sell-side firms have cut expectations and price targets (Bank of America lowered its PT to $15 with an underperform call; reports note downgrades/negative views from Baird, TD Cowen, Jefferies, Telsey and JPMorgan), increasing selling pressure and signaling skepticism about the durability of the turnaround. Bank of America price target cut / sell coverage Robert W. Baird Issues Pessimistic Forecast TD Cowen Lowers Expectations Jefferies Lowers Expectations
• Negative Sentiment: Unusually large put option activity (noted recent spike vs. average) and high post-earnings trading volume indicate elevated bearish positioning and short-term volatility risk. Kohl’s Sees Unusually-High Trading Volume Following Earnings Beat

About Kohl’s

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.