Kohl’s Corporation (NYSE:KSS) Receives Average Rating of “Reduce” from Brokerages

Shares of Kohl’s Corporation (NYSE:KSS) have received a consensus rating of “Reduce” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $14.8462.

KSS has been the subject of several recent research reports. Jefferies Financial Group cut their price target on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. UBS Group lifted their target price on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a report on Friday, May 29th. The Goldman Sachs Group dropped their price objective on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research note on Wednesday, March 11th. JPMorgan Chase & Co. cut their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Finally, TD Cowen upped their price target on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KSS. Vanguard Group Inc. lifted its holdings in shares of Kohl’s by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after acquiring an additional 273,500 shares during the last quarter. M&T Bank Corp boosted its position in Kohl’s by 1,325.9% during the 4th quarter. M&T Bank Corp now owns 317,630 shares of the company’s stock valued at $6,483,000 after acquiring an additional 295,355 shares in the last quarter. SG Americas Securities LLC grew its holdings in Kohl’s by 1,176.0% in the fourth quarter. SG Americas Securities LLC now owns 247,883 shares of the company’s stock worth $5,059,000 after purchasing an additional 228,456 shares during the period. Ruffer LLP bought a new stake in Kohl’s during the 4th quarter valued at about $2,623,000. Finally, JPMorgan Chase & Co. increased its holdings in Kohl’s by 3,123.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock worth $30,912,000 after buying an additional 1,948,783 shares in the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl’s Trading Down 2.5%

NYSE KSS opened at $18.30 on Friday. The company has a market cap of $2.08 billion, a PE ratio of 7.75 and a beta of 1.40. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The stock has a 50 day moving average of $15.31 and a 200-day moving average of $16.49. Kohl’s has a 12 month low of $8.88 and a 12 month high of $25.22.

Kohl’s (NYSE:KSS) last issued its earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the company posted ($0.13) EPS. The firm’s revenue for the quarter 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 research analysts anticipate that Kohl’s will post 1.38 EPS for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s dividend payout ratio is presently 21.19%.

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.