Hsbc Holdings PLC Buys 1,070,457 Shares of Kohl’s Corporation $KSS

Hsbc Holdings PLC increased its stake in shares of Kohl’s Corporation (NYSE:KSS) by 1,497.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,141,932 shares of the company’s stock after purchasing an additional 1,070,457 shares during the quarter. Hsbc Holdings PLC’s holdings in Kohl’s were worth $23,406,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in KSS. Fuller & Thaler Asset Management Inc. purchased a new position in Kohl’s in the fourth quarter valued at about $49,796,000. JPMorgan Chase & Co. grew its position in shares of 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 during the last quarter. Wells Fargo & Company MN grew its position in shares of Kohl’s by 118.0% in the 4th quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock worth $4,320,000 after buying an additional 1,388,707 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Kohl’s during the 4th quarter worth approximately $26,343,000. Finally, Hancock Whitney Corp purchased a new stake in Kohl’s during the third quarter valued at approximately $17,125,000. Institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

KSS has been the topic of several analyst reports. Weiss Ratings lowered shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, June 5th. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. The Goldman Sachs Group lowered their price objective on Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a research report on Wednesday, March 11th. UBS Group upped their target price on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Friday, May 29th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $15.31.

Kohl’s Price Performance

Shares of KSS opened at $16.91 on Tuesday. 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’s fifty day moving average price is $15.40 and its 200-day moving average price is $16.42. Kohl’s Corporation has a 1-year low of $8.88 and a 1-year high of $25.22. The firm has a market capitalization of $1.92 billion, a PE ratio of 7.17 and a beta of 1.40.

Kohl’s (NYSE:KSS) last issued its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.99 billion. During the same quarter last year, the business posted ($0.13) EPS. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities research analysts predict that Kohl’s Corporation will post 1.38 EPS for the current year.

Kohl’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is presently 21.19%.

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.