Kohl’s (NYSE:KSS) Stock Rating Lowered by Zacks Research

Kohl’s (NYSE:KSS) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday, Zacks reports.

Other research analysts also recently issued reports about the company. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. Morgan Stanley initiated coverage on Kohl’s in a research report on Monday, July 6th. They set an “underweight” rating and a $15.00 price target on the stock. Gordon Haskett upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research note on Thursday, October 22nd. JPMorgan Chase & Co. increased their price objective on Kohl’s from $15.00 to $17.00 and gave the company an “underweight” rating in a report on Tuesday, August 18th. Finally, Telsey Advisory Group raised their target price on shares of Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a research note on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $17.25.

Kohl’s Trading Down 2.3%

Kohl’s stock opened at $23.60 on Monday. The firm has a 50-day moving average of $19.76 and a 200-day moving average of $17.07. Kohl’s has a one year low of $11.38 and a one year 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. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 10.31 and a beta of 1.29.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.70. The business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. Kohl’s’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 earnings per share. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, equities analysts expect that Kohl’s will post 2.10 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jennifer Kent sold 22,940 shares of the company’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $24.00, for a total value of $550,560.00. Following the sale, the insider directly owned 188,572 shares of the company’s stock, valued at approximately $4,525,728. This represents a 10.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 45,880 shares of company stock valued at $1,055,240. 1.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

Hedge funds and other institutional investors have recently bought and sold shares of the business. Signaturefd LLC lifted its position in shares of Kohl’s by 16.2% in the third quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock valued at $86,000 after buying an additional 649 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Kohl’s by 3.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,677 shares of the company’s stock worth $614,000 after acquiring an additional 1,077 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Kohl’s by 3.0% during the 3rd quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock worth $884,000 after acquiring an additional 1,401 shares during the last quarter. Sterling Capital Management LLC increased its holdings in shares of Kohl’s by 6.3% during the 3rd quarter. Sterling Capital Management LLC now owns 23,488 shares of the company’s stock worth $434,000 after acquiring an additional 1,402 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in Kohl’s by 114.9% in the 4th 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 period. Institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.