Kohl’s Target of Unusually Large Options Trading (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) saw some unusual options trading on Tuesday. Stock traders acquired 21,957 call options on the stock. This represents an increase of 92% compared to the typical daily volume of 11,464 call options.

Analyst Ratings Changes

KSS has been the topic of several research reports. TD Cowen dropped their price target on Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Bank of America dropped their price target on Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research report on Friday, May 29th. The Goldman Sachs Group dropped their price target on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Wednesday, March 11th. Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $14.00 to $22.00 in a research note on Monday. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $17.00 price objective on shares of Kohl’s in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, Kohl’s has an average rating of “Reduce” and a consensus target price of $14.92.

Kohl’s Stock Down 2.1%

Shares of NYSE:KSS opened at $15.52 on Thursday. The stock has a fifty day simple moving average of $13.63 and a two-hundred day simple moving average of $17.01. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 6.57 and a beta of 1.45. Kohl’s has a 12-month low of $7.93 and a 12-month high of $25.22. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93.

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, beating analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, research analysts anticipate that Kohl’s will post 1.31 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC raised its stake in shares of Kohl’s by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after purchasing an additional 1,167 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Kohl’s by 3,777.6% in the third 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 purchased a new position in shares of Kohl’s in the fourth quarter worth $42,000. Hantz Financial Services Inc. raised its stake in shares of Kohl’s by 164.7% in 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 last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Kohl’s in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

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.