Vontobel Holding Ltd. Has $247,000 Stock Position in Kohl’s Corporation $KSS

Vontobel Holding Ltd. cut its stake in shares of Kohl’s Corporation (NYSE:KSS) by 79.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,052 shares of the company’s stock after selling 62,211 shares during the period. Vontobel Holding Ltd.’s holdings in Kohl’s were worth $247,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Alyeska Investment Group L.P. bought a new stake in Kohl’s during the 1st quarter worth $11,650,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Kohl’s during the first quarter valued at about $7,818,000. AQR Capital Management LLC grew its holdings in shares of Kohl’s by 88.1% during the first quarter. AQR Capital Management LLC now owns 1,774,244 shares of the company’s stock worth $14,513,000 after purchasing an additional 831,055 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Kohl’s by 43.0% in the second quarter. Geode Capital Management LLC now owns 2,615,482 shares of the company’s stock valued at $22,182,000 after buying an additional 785,936 shares during the period. Finally, Allianz Asset Management GmbH raised its holdings in Kohl’s by 21.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 4,303,123 shares of the company’s stock valued at $36,490,000 after buying an additional 745,543 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Stock Down 2.6%

Shares of Kohl’s stock opened at $20.34 on Wednesday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 11.82 and a beta of 1.45. The stock’s 50-day moving average is $19.75 and its 200 day moving average is $15.45. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. Kohl’s Corporation has a one year low of $6.04 and a one year high of $25.22.

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

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, December 10th. Kohl’s’s payout ratio is 29.07%.

Insider Buying and Selling at Kohl’s

In other news, CFO Jill Timm sold 25,000 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $22.75, for a total transaction of $568,750.00. Following the transaction, the chief financial officer owned 335,561 shares of the company’s stock, valued at $7,634,012.75. This represents a 6.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KSS. Jefferies Financial Group upped their price target on shares of Kohl’s from $20.00 to $24.00 and gave the company a “hold” rating in a research report on Friday, December 12th. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price target (up previously from $16.00) on shares of Kohl’s in a research report on Tuesday, November 25th. Cowen restated a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $15.73.

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.