Public Sector Pension Investment Board Purchases 58,017 Shares of Kohl’s Corporation $KSS

Public Sector Pension Investment Board lifted its position in shares of Kohl’s Corporation (NYSE:KSS) by 15.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 437,051 shares of the company’s stock after purchasing an additional 58,017 shares during the quarter. Public Sector Pension Investment Board’s holdings in Kohl’s were worth $6,717,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Y Intercept Hong Kong Ltd raised its holdings in Kohl’s by 221.5% during the third quarter. Y Intercept Hong Kong Ltd now owns 143,376 shares of the company’s stock worth $2,204,000 after acquiring an additional 98,778 shares in the last quarter. Federated Hermes Inc. bought a new position in Kohl’s in the third quarter valued at approximately $5,198,000. Quantbot Technologies LP acquired a new position in shares of Kohl’s during the 2nd quarter worth approximately $1,324,000. Corton Capital Inc. raised its stake in shares of Kohl’s by 223.7% during the 2nd quarter. Corton Capital Inc. now owns 50,636 shares of the company’s stock worth $429,000 after purchasing an additional 34,992 shares in the last quarter. Finally, TriaGen Wealth Management LLC acquired a new stake in shares of Kohl’s in the 3rd quarter valued at approximately $730,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Insider Buying and Selling

In other Kohl’s news, CFO Jill Timm sold 25,000 shares of the stock in a transaction on Thursday, December 4th. The stock was 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 in the company, valued at $7,634,012.75. This trade represents a 6.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Kohl’s Stock Down 1.0%

Kohl’s stock opened at $19.37 on Thursday. The company’s 50-day moving average price is $19.87 and its two-hundred day moving average price is $17.72. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. The stock has a market cap of $2.17 billion, a P/E ratio of 11.26 and a beta of 1.44. Kohl’s Corporation has a twelve month low of $6.04 and a twelve month high of $25.22.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data 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 company had revenue of $3.58 billion during 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 revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.20 earnings per share. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. As a group, analysts expect that Kohl’s Corporation will post 1.3 EPS for the current year.

Analyst Upgrades and Downgrades

KSS has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. Robert W. Baird set a $24.00 target price on shares of Kohl’s in a report on Wednesday, December 17th. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a report on Tuesday, November 25th. The Goldman Sachs Group boosted their price target on Kohl’s from $11.00 to $15.00 and gave the stock a “sell” rating in a research report on Wednesday, November 26th. Finally, Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One investment 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 given a Sell rating to the stock. According to MarketBeat, Kohl’s currently has a consensus rating of “Reduce” and an average price target of $15.55.

About Kohl’s

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.