Kohl’s (NYSE:KSS) CFO Jill Timm Sells 25,000 Shares

Kohl’s Corporation (NYSE:KSS) CFO Jill Timm sold 25,000 shares of Kohl’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $22.75, for a total value of $568,750.00. Following the transaction, the chief financial officer directly owned 335,561 shares in the company, valued at approximately $7,634,012.75. The trade was a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Kohl’s Stock Performance

Kohl’s stock traded down $0.43 during midday trading on Thursday, hitting $22.54. The stock had a trading volume of 4,619,267 shares, compared to its average volume of 9,739,188. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. Kohl’s Corporation has a 52-week low of $6.04 and a 52-week high of $25.22. The company has a market capitalization of $2.53 billion, a PE ratio of 13.10 and a beta of 1.45. The firm’s fifty day moving average is $17.25 and its two-hundred day moving average is $13.53.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.29. The company had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. Kohl’s’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, research analysts forecast that Kohl’s Corporation will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. Kohl’s’s dividend payout ratio (DPR) is presently 29.07%.

Hedge Funds Weigh In On Kohl’s

Several hedge funds have recently added to or reduced their stakes in the company. National Bank of Canada FI purchased a new position in shares of Kohl’s during the first quarter valued at approximately $25,000. Smartleaf Asset Management LLC raised its holdings in shares of Kohl’s by 161.8% in the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after buying an additional 1,887 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of Kohl’s during the 3rd quarter worth approximately $28,000. IFP Advisors Inc boosted its holdings in Kohl’s by 3,777.6% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares during the period. Finally, Caldwell Trust Co bought a new position in Kohl’s in the 3rd quarter valued at $33,000. 98.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on KSS shares. UBS Group lifted their price target on shares of Kohl’s from $4.50 to $7.00 and gave the company a “sell” rating in a report on Wednesday, November 26th. The Goldman Sachs Group increased their price target on Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. Jefferies Financial Group lifted their price objective on Kohl’s from $17.00 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, November 25th. Evercore ISI upped their price objective on Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a report on Tuesday, November 25th. Finally, BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, Kohl’s presently has an average rating of “Reduce” and a consensus target price of $15.18.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.