Kohl’s (NYSE:KSS) Sets New 1-Year High – Still a Buy?

Kohl’s Corporation (NYSE:KSS)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $25.31 and last traded at $24.9890, with a volume of 522,469 shares traded. The stock had previously closed at $23.62.

Analysts Set New Price Targets

Several research analysts have commented on KSS shares. Telsey Advisory Group lifted their target price on Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a report on Thursday, August 27th. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. Robert W. Baird increased their price target on Kohl’s from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, August 27th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Weiss Ratings raised Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $17.25.

Kohl’s Stock Performance

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’s 50-day moving average price is $20.03 and its two-hundred day moving average price is $17.13. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 10.44 and a beta of 1.29.

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

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th were paid a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, September 9th. Kohl’s’s payout ratio is currently 21.83%.

Insider Activity at Kohl’s

In related news, insider Jennifer Kent sold 22,940 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $24.00, for a total transaction of $550,560.00. Following the completion of the sale, the insider owned 188,572 shares of the company’s stock, valued at $4,525,728. This trade represents a 10.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 45,880 shares of company stock worth $1,055,240. 1.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

A number of institutional investors and hedge funds have recently modified their holdings of KSS. Integrated Wealth Concepts LLC bought a new position in shares of Kohl’s in the second quarter valued at $33,000. Pinnacle Holdings LLC acquired a new position in shares of Kohl’s during the second quarter valued at about $47,000. Rockefeller Capital Management L.P. increased its position in shares of Kohl’s by 114.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company’s stock worth $63,000 after acquiring an additional 1,647 shares in the last quarter. Signaturefd LLC increased its position in shares of Kohl’s by 16.2% during the third quarter. Signaturefd LLC now owns 4,667 shares of the company’s stock worth $86,000 after acquiring an additional 649 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Kohl’s during the first quarter worth about $169,000. 98.04% of the stock is currently owned by institutional investors.

About Kohl’s

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.