Kohl’s (NYSE:KSS) Lowered to “Hold” Rating by Wall Street Zen

Kohl’s (NYSE:KSS) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Several other equities research analysts have also commented on the stock. Robert W. Baird cut their price target on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Bank of America cut their price target on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a report on Friday, May 29th. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Finally, Jefferies Financial Group cut their price target on shares of Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $14.92.

Kohl’s Stock Performance

NYSE KSS opened at $15.46 on Friday. The stock has a 50-day simple moving average of $13.75 and a two-hundred day simple moving average of $17.00. The firm has a market capitalization of $1.74 billion, a P/E ratio of 6.55 and a beta of 1.45. Kohl’s has a fifty-two week low of $7.93 and a fifty-two week 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 posted its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the previous year, the business posted ($0.13) EPS. The business’s revenue was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities analysts forecast that Kohl’s will post 1.31 earnings per share for the current year.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors and hedge funds have recently made changes to their positions in KSS. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Kohl’s in the 4th quarter valued at approximately $49,796,000. JPMorgan Chase & Co. grew 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 purchasing an additional 1,948,783 shares in the last quarter. Wells Fargo & Company MN increased its stake in Kohl’s by 118.0% during the 4th quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock worth $4,320,000 after buying an additional 1,388,707 shares during the period. Renaissance Technologies LLC acquired a new stake in Kohl’s during the 4th quarter worth approximately $26,343,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Kohl’s by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after buying an additional 1,286,710 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.