BNP Paribas Financial Markets Lowers Stake in Kohl’s Corporation $KSS

BNP Paribas Financial Markets reduced its stake in shares of Kohl’s Corporation (NYSE:KSS) by 12.6% in the fourth quarter, Holdings Channel reports. The firm owned 846,155 shares of the company’s stock after selling 122,221 shares during the period. BNP Paribas Financial Markets’ holdings in Kohl’s were worth $17,270,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Kohl’s by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock valued at $248,630,000 after purchasing an additional 273,500 shares during the period. American Century Companies Inc. raised its holdings in shares of Kohl’s by 7.5% in the third quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after acquiring an additional 351,691 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Kohl’s by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after acquiring an additional 47,037 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Kohl’s by 11.5% in the second quarter. First Trust Advisors LP now owns 2,380,359 shares of the company’s stock valued at $20,185,000 after acquiring an additional 244,761 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Kohl’s by 3,123.1% in the third quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock valued at $30,912,000 after acquiring an additional 1,948,783 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl’s Stock Performance

KSS stock opened at $15.46 on Friday. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 6.55 and a beta of 1.45. The firm has a 50-day simple moving average of $13.75 and a two-hundred day simple moving average of $17.00. Kohl’s Corporation has a one year low of $7.93 and a one year high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities analysts forecast that Kohl’s Corporation will post 1.31 EPS for the current fiscal year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, June 10th. Kohl’s’s dividend payout ratio is presently 21.19%.

Analysts Set New Price Targets

KSS has been the subject of several recent research reports. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Robert W. Baird decreased their price objective on Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Jefferies Financial Group decreased their price objective on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Gordon Haskett downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective for the company. in a report on Friday, May 15th. Finally, Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $14.92.

Kohl’s 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.