Kohl’s (NYSE:KSS) EVP Sells $458,840.00 in Stock

Kohl’s Corporation (NYSE:KSS) EVP Jennifer Kent sold 22,942 shares of Kohl’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the completion of the transaction, the executive vice president directly owned 234,452 shares in the company, valued at approximately $4,689,040. The trade was a 8.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Trading Down 6.1%

NYSE:KSS opened at $18.47 on Friday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 7.83 and a beta of 1.40. Kohl’s Corporation has a 52 week low of $10.85 and a 52 week high of $25.22. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. The firm has a 50 day moving average of $17.54 and a 200 day moving average of $15.94.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. The business had revenue of $3.17 billion for 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% on a year-over-year basis. During the same period in the previous year, the company earned ($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 anticipate that Kohl’s Corporation will post 1.36 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, June 10th. Kohl’s’s dividend payout ratio is currently 21.19%.

Institutional Investors Weigh In On Kohl’s

A number of large investors have recently bought and sold shares of KSS. Vanguard Group Inc. raised its position in Kohl’s by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after buying an additional 273,500 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Kohl’s by 13.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock valued at $81,811,000 after acquiring an additional 744,539 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Kohl’s by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after acquiring an additional 47,037 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Kohl’s by 107.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock valued at $31,980,000 after acquiring an additional 1,286,710 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Kohl’s in the fourth quarter worth $49,796,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on KSS. Gordon Haskett downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a report on Friday, May 15th. Weiss Ratings downgraded shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Bank of America lowered their target price on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. TD Cowen boosted their target price on shares of Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a research report on Monday, June 8th. Finally, Zacks Research downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, Kohl’s has an average rating of “Reduce” and an average price target of $15.31.

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.