Kohl’s (NYSE:KSS) Downgraded to “Hold” Rating by Gordon Haskett

Gordon Haskett lowered shares of Kohl’s (NYSE:KSS) from a buy rating to a hold rating in a research report sent to investors on Friday, MarketBeat reports. Gordon Haskett currently has $14.00 price target on the stock.

KSS has been the topic of several other research reports. Telsey Advisory Group reissued a “market perform” rating and set a $17.00 target price on shares of Kohl’s in a research report on Tuesday, March 17th. Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. The Goldman Sachs Group reduced their price objective on Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. Finally, BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. Ten investment analysts have rated the stock with a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, Kohl’s currently has an average rating of “Reduce” and a consensus target price of $14.77.

Kohl’s Stock Performance

Shares of KSS opened at $11.78 on Friday. The stock has a 50-day simple moving average of $13.62 and a 200-day simple moving average of $17.30. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46. The stock has a market capitalization of $1.32 billion, a PE ratio of 4.99 and a beta of 1.46. Kohl’s has a 1 year low of $7.47 and a 1 year high of $25.22.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.21. The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, analysts predict that Kohl’s will post 1.31 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.2%. Kohl’s’s payout ratio is presently 21.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KSS. Baird Financial Group Inc. purchased a new position in Kohl’s in the 1st quarter valued at approximately $96,000. Caxton Associates LLP purchased a new position in Kohl’s during the first quarter worth about $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Kohl’s by 14.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock worth $4,006,000 after buying an additional 60,769 shares during the period. Envestnet Asset Management Inc. purchased a new position in Kohl’s during the second quarter worth about $120,000. Finally, Cetera Investment Advisers lifted its position in Kohl’s by 21.6% during the second quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after buying an additional 5,997 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

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.