Brandywine Global Investment Management LLC Purchases Shares of 256,874 Kohl’s Corporation $KSS

Brandywine Global Investment Management LLC purchased a new stake in shares of Kohl’s Corporation (NYSE:KSSFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 256,874 shares of the company’s stock, valued at approximately $5,243,000.

A number of other hedge funds have also bought and sold shares of KSS. Baird Financial Group Inc. acquired a new position in Kohl’s during the 1st quarter valued at approximately $96,000. Caxton Associates LLP acquired a new position in Kohl’s during the 1st quarter valued at approximately $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kohl’s by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after purchasing an additional 60,769 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in Kohl’s during the 2nd quarter valued at approximately $120,000. Finally, Cetera Investment Advisers increased its stake in Kohl’s by 21.6% during the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock valued at $286,000 after purchasing an additional 5,997 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on KSS shares. Telsey Advisory Group restated a “market perform” rating and set a $17.00 price target on shares of Kohl’s in a research note on Tuesday, March 17th. Bank of America cut 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 note on Friday, May 29th. Robert W. Baird cut their price target on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Gordon Haskett lowered shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target on the stock. in a research note on Friday, May 15th. Finally, Zacks Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $14.85.

Read Our Latest Research Report on KSS

Kohl’s Stock Down 0.9%

NYSE:KSS opened at $15.91 on Thursday. The firm has a market capitalization of $1.80 billion, a P/E ratio of 6.74 and a beta of 1.45. Kohl’s Corporation has a 1-year low of $7.93 and a 1-year high of $25.22. The company’s fifty day moving average price is $13.97 and its 200-day moving average price is $17.02. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31.

Kohl’s (NYSE:KSSGet Free Report) 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 company had revenue of $3.17 billion for 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 firm’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities research analysts anticipate that Kohl’s Corporation will post 1.31 EPS for the current year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Investors 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 yield of 3.1%. The ex-dividend date is Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is currently 21.19%.

Kohl’s Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Kohl's (NYSE:KSS)

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