Stock Traders Purchase Large Volume of Call Options on Kohl’s (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) saw unusually large options trading on Tuesday. Traders purchased 73,421 call options on the stock. This represents an increase of 112% compared to the typical volume of 34,641 call options.

Insider Activity at Kohl’s

In other news, CFO Jill Timm sold 25,000 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.75, for a total value of $568,750.00. Following the completion of the sale, the chief financial officer directly 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kohl’s

Hedge funds have recently modified their holdings of the stock. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of Kohl’s by 37.0% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company’s stock worth $1,649,000 after acquiring an additional 53,518 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Kohl’s by 11.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,968,634 shares of the company’s stock valued at $16,103,000 after acquiring an additional 197,088 shares during the period. Amundi lifted its holdings in Kohl’s by 650.5% during the 1st quarter. Amundi now owns 426,699 shares of the company’s stock valued at $3,490,000 after purchasing an additional 369,841 shares during the last quarter. Public Sector Pension Investment Board boosted its position in Kohl’s by 27.4% during the first quarter. Public Sector Pension Investment Board now owns 352,978 shares of the company’s stock worth $2,887,000 after purchasing an additional 75,858 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Kohl’s by 29.7% in the first quarter. Invesco Ltd. now owns 2,973,512 shares of the company’s stock valued at $24,323,000 after purchasing an additional 680,766 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on KSS shares. The Goldman Sachs Group upped their target price on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. Wall Street Zen upgraded shares of Kohl’s from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Robert W. Baird lifted their target price on Kohl’s from $17.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a report on Wednesday, October 8th. Finally, Gordon Haskett raised Kohl’s from an “accumulate” rating to a “buy” rating in a research report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $15.18.

Kohl’s Stock Up 0.8%

KSS stock opened at $23.59 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. The stock has a market capitalization of $2.65 billion, a P/E ratio of 13.72 and a beta of 1.45. Kohl’s has a fifty-two week low of $6.04 and a fifty-two week high of $25.22. The business has a 50-day moving average of $17.98 and a 200-day moving average of $14.06.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, beating the consensus estimate 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 business’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, sell-side analysts anticipate that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.50 annualized dividend and a yield of 2.1%. Kohl’s’s payout ratio is 29.07%.

Kohl’s Company Profile

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.