Kohl’s Corporation (NYSE:KSS) Receives Consensus Recommendation of “Reduce” from Analysts

Kohl’s Corporation (NYSE:KSS) has earned an average recommendation of “Reduce” from the sixteen ratings firms that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $15.5455.

KSS has been the subject of a number of research reports. Evercore raised their price objective on Kohl’s from $13.00 to $21.00 and gave the company an “in-line” rating in a research note on Tuesday, November 25th. Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research report on Tuesday, November 25th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Tuesday, November 25th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 price objective (up from $16.00) on shares of Kohl’s in a research note on Tuesday, November 25th. Finally, Robert W. Baird set a $24.00 target price on shares of Kohl’s in a research report on Wednesday, December 17th.

Kohl’s Trading Down 5.2%

NYSE:KSS opened at $17.53 on Tuesday. Kohl’s has a 12 month low of $6.04 and a 12 month high of $25.22. The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 10.19 and a beta of 1.44. The firm has a fifty day simple moving average of $20.45 and a two-hundred day simple moving average of $17.40.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The company had revenue of $3.58 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the firm earned $0.20 EPS. The business’s revenue was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Analysts expect that Kohl’s will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, December 10th. Kohl’s’s payout ratio is currently 29.07%.

Insider Buying and Selling at Kohl’s

In related news, CFO Jill Timm sold 25,000 shares of Kohl’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $22.75, for a total transaction of $568,750.00. Following the transaction, the chief financial officer owned 335,561 shares of the company’s stock, valued at $7,634,012.75. The trade was a 6.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

Several large investors have recently bought and sold shares of KSS. Northwestern Mutual Wealth Management Co. increased its position in shares of Kohl’s by 6.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,270 shares of the company’s stock valued at $679,000 after purchasing an additional 2,082 shares during the last quarter. Intech Investment Management LLC increased its holdings in Kohl’s by 25.4% during the fourth quarter. Intech Investment Management LLC now owns 42,958 shares of the company’s stock worth $877,000 after buying an additional 8,693 shares during the last quarter. Geode Capital Management LLC raised its position in Kohl’s by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock worth $55,177,000 after acquiring an additional 47,037 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Kohl’s by 309.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 11,163 shares of the company’s stock valued at $228,000 after acquiring an additional 8,434 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after acquiring an additional 1,308 shares during the period. 98.04% of the stock is currently owned by institutional investors.

Kohl’s Company 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.