Engineers Gate Manager LP Lowers Stake in Kohl’s Corporation $KSS

Engineers Gate Manager LP cut its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 65.8% during the second quarter, Holdings Channel.com reports. The fund owned 213,652 shares of the company’s stock after selling 410,660 shares during the period. Engineers Gate Manager LP’s holdings in Kohl’s were worth $3,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. acquired a new position in Kohl’s in the 4th quarter worth about $49,796,000. California State Teachers Retirement System increased its position in shares of Kohl’s by 1,591.8% in the second quarter. California State Teachers Retirement System now owns 2,232,773 shares of the company’s stock valued at $39,565,000 after buying an additional 2,100,798 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Kohl’s by 118.0% in the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after buying an additional 1,388,707 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Kohl’s in the fourth quarter valued at approximately $26,343,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Kohl’s by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after buying an additional 1,286,710 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Insider Activity at Kohl’s

In other news, EVP Jennifer Kent sold 22,942 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total transaction of $458,840.00. Following the completion of the transaction, the executive vice president directly owned 234,452 shares in the company, valued at approximately $4,689,040. This represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by company insiders.

Kohl’s Stock Up 3.0%

KSS stock opened at $17.29 on Friday. The firm has a market cap of $1.96 billion, a PE ratio of 7.55 and a beta of 1.37. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The firm’s 50 day moving average price is $18.24 and its 200-day moving average price is $15.99. Kohl’s Corporation has a one year low of $11.38 and a one year high of $25.22.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.70. The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%.The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 earnings per share. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, equities research analysts anticipate that Kohl’s Corporation will post 2.09 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, September 9th. Kohl’s’s dividend payout ratio is 21.83%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. TD Cowen increased their target price on Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a report on Monday, June 8th. Bank of America dropped their target price on Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a report on Friday, May 29th. Citigroup raised Kohl’s from a “neutral” rating to a “buy” rating and raised their target price for the stock from $14.00 to $22.00 in a research note on Monday, June 1st. Zacks Research upgraded Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Finally, Morgan Stanley reissued an “underweight” rating and set a $15.00 price target on shares of Kohl’s in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $16.17.

Kohl’s Profile

Kohl’s Corporation is a U.S.-based department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings and other consumer merchandise. Its offerings include national brands, private-label products and merchandise for women, men, children and the home.

The company operates through a combination of physical stores and digital channels, serving customers across the United States. Kohl’s also features Sephora shop-in-shop locations and online beauty offerings, broadening its assortment beyond traditional department-store categories.

Founded in 1962 and headquartered in Menomonee Falls, Wisconsin, Kohl’s has grown from a regional retailer into a nationwide chain.