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

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on KSS shares. Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective for the company. in a research report on Friday, May 15th. Weiss Ratings upgraded Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. TD Cowen lifted their price target on Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a research note on Monday, June 8th. Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Finally, JPMorgan Chase & Co. increased their price target on Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $15.46.

Kohl’s Stock Performance

The company has a market cap of $2.00 billion, a PE ratio of 7.49 and a beta of 1.40. The firm’s fifty day moving average is $18.15 and its 200 day moving average is $16.04. 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 posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the prior year, the business posted ($0.13) earnings per share. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts predict that Kohl’s Corporation will post 1.38 EPS for the current fiscal year.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 9th. Kohl’s’s dividend payout ratio is 21.19%.

Insiders Place Their Bets

In related news, EVP Jennifer J. 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 value of $458,840.00. Following the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On Kohl’s

Hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in shares of Kohl’s by 233.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after purchasing an additional 1,167 shares in the last quarter. IFP Advisors Inc raised its stake in Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares during the last quarter. Plato Investment Management Ltd purchased a new position in Kohl’s in the 4th quarter valued at $42,000. Hantz Financial Services Inc. lifted its holdings in Kohl’s by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after purchasing an additional 1,308 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Kohl’s during the 4th quarter worth $45,000. 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.