Ruffer LLP Purchases Shares of 128,343 Kohl’s Corporation $KSS

Ruffer LLP purchased a new stake in shares of Kohl’s Corporation (NYSE:KSS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 128,343 shares of the company’s stock, valued at approximately $2,623,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Y Intercept Hong Kong Ltd raised its position in shares of Kohl’s by 221.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 143,376 shares of the company’s stock worth $2,204,000 after acquiring an additional 98,778 shares in the last quarter. Federated Hermes Inc. bought a new position in shares of Kohl’s in the 3rd quarter worth approximately $5,198,000. TriaGen Wealth Management LLC bought a new position in shares of Kohl’s in the 3rd quarter worth approximately $730,000. Bayforest Capital Ltd bought a new position in shares of Kohl’s in the 3rd quarter worth approximately $765,000. Finally, Public Sector Pension Investment Board raised its position in shares of Kohl’s by 15.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 437,051 shares of the company’s stock worth $6,717,000 after acquiring an additional 58,017 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Performance

Kohl’s stock opened at $15.49 on Thursday. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $1.74 billion, a P/E ratio of 6.56 and a beta of 1.46. The stock’s 50 day moving average is $14.85 and its 200 day moving average is $17.51. Kohl’s Corporation has a twelve month low of $6.38 and a twelve month high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.21. The company had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.95 EPS. 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 1.31 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th were paid a $0.125 dividend. The ex-dividend date was Wednesday, March 18th. This represents a $0.50 annualized dividend and a dividend yield of 3.2%. Kohl’s’s dividend payout ratio is presently 21.19%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Robert W. Baird decreased their target price on Kohl’s from $24.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. UBS Group increased their target price on Kohl’s from $7.00 to $8.00 and gave the stock a “sell” rating in a research report on Wednesday, March 11th. Jefferies Financial Group decreased their target price on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. JPMorgan Chase & Co. decreased their target price on Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research report on Tuesday, March 10th. Finally, TD Cowen decreased their target price on Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $14.83.

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.