Empowered Funds LLC Buys 126,550 Shares of Kohl’s Corporation $KSS

Empowered Funds LLC lifted its stake in shares of Kohl’s Corporation (NYSE:KSS) by 23.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 666,072 shares of the company’s stock after purchasing an additional 126,550 shares during the quarter. Empowered Funds LLC’s holdings in Kohl’s were worth $8,592,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. IFP Advisors Inc lifted its stake in shares of Kohl’s by 3,777.6% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares during the last quarter. Farther Finance Advisors LLC grew its position in Kohl’s by 233.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after acquiring an additional 1,167 shares during the last quarter. iSAM Funds UK Ltd acquired a new position in Kohl’s in the 3rd quarter worth about $39,000. Plato Investment Management Ltd acquired a new position in Kohl’s in the 4th quarter worth about $42,000. Finally, Hantz Financial Services Inc. raised its position in Kohl’s by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after purchasing an additional 1,308 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Stock Down 1.5%

Shares of NYSE KSS opened at $19.20 on Friday. The company has a market capitalization of $2.18 billion, a P/E ratio of 8.14 and a beta of 1.40. Kohl’s Corporation has a 52-week low of $10.33 and a 52-week high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48. The company’s 50 day moving average price is $17.07 and its 200-day moving average price is $15.96.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm posted ($0.13) EPS. The company’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. Equities analysts forecast that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders 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 yield of 2.6%. Kohl’s’s dividend payout ratio is 21.19%.

Analysts Set New Price Targets

A number of analysts have recently commented on KSS shares. Weiss Ratings lowered Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. Bank of America lowered their price objective on Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research note on Friday, May 29th. TD Cowen raised their price objective on shares of Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a report on Monday, June 8th. Morgan Stanley reiterated an “underweight” rating and issued a $15.00 price objective on shares of Kohl’s in a report on Monday, July 6th. Finally, Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price on the stock. in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $15.31.

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.