SG Americas Securities LLC Reduces Stock Holdings in Kohl’s Corporation $KSS

SG Americas Securities LLC lowered its stake in Kohl’s Corporation (NYSE:KSS) by 47.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,434 shares of the company’s stock after selling 116,449 shares during the period. SG Americas Securities LLC owned 0.12% of Kohl’s worth $1,695,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. ProShare Advisors LLC lifted its position in shares of Kohl’s by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after purchasing an additional 631 shares during the period. State of Alaska Department of Revenue increased its position in shares of Kohl’s by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after buying an additional 639 shares during the period. Guggenheim Capital LLC increased its position in shares of Kohl’s by 1.0% during the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after buying an additional 774 shares during the period. GAMMA Investing LLC raised its stake in Kohl’s by 1.6% in the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after buying an additional 785 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Kohl’s by 2.9% in the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock worth $471,000 after buying an additional 868 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl’s Stock Down 2.5%

Shares of Kohl’s stock opened at $18.30 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. The company has a 50-day moving average of $15.31 and a 200 day moving average of $16.49. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 7.75 and a beta of 1.40. Kohl’s Corporation has a 1 year low of $8.88 and a 1 year high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) 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 analyst estimates 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 in the previous year, the firm posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, sell-side analysts anticipate that Kohl’s Corporation will post 1.38 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on KSS. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. JPMorgan Chase & Co. reduced their target price on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Wall Street Zen lowered Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Telsey Advisory Group restated a “market perform” rating and issued a $17.00 target price on shares of Kohl’s in a research note on Tuesday, March 17th. Finally, Robert W. Baird dropped their price target on Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $14.85.

Kohl’s 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.