Louisiana State Employees Retirement System Makes New Investment in Kohl’s Corporation $KSS

Louisiana State Employees Retirement System purchased a new position in Kohl’s Corporation (NYSE:KSS) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 49,800 shares of the company’s stock, valued at approximately $642,000.

Other large investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares in the last quarter. IFP Advisors Inc lifted its holdings in Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after purchasing an additional 1,851 shares during the last quarter. Plato Investment Management Ltd bought a new stake in Kohl’s during the fourth quarter worth approximately $42,000. Hantz Financial Services Inc. boosted its position in Kohl’s by 164.7% during the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Kohl’s during the fourth quarter valued at approximately $45,000. Institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Bank of America dropped their price target on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research report on Friday, May 29th. TD Cowen raised their target price on shares of Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a research note on Monday, June 8th. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Robert W. Baird cut their target price on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. Finally, Jefferies Financial Group cut their target price on shares of Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $15.31.

Kohl’s Stock Down 0.6%

Shares of KSS stock opened at $16.80 on Wednesday. Kohl’s Corporation has a 12 month low of $8.88 and a 12 month high of $25.22. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. The firm has a market cap of $1.91 billion, a PE ratio of 7.12 and a beta of 1.40. The stock has a 50 day moving average of $15.44 and a 200-day moving average of $16.38.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. Kohl’s’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities analysts predict that Kohl’s Corporation will post 1.38 EPS for the current year.

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. Kohl’s’s dividend payout ratio is currently 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.