Kohl’s (NYSE:KSS) Coverage Initiated by Analysts at TD Cowen

TD Cowen assumed coverage on shares of Kohl’s (NYSE:KSS) in a research note released on Friday,Zacks reports. The brokerage issued a hold rating on the stock.

Other research analysts have also recently issued reports about the stock. BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. Telsey Advisory Group lifted their price objective on shares of Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, August 27th. Gordon Haskett raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Thursday, October 22nd. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. upped their target price on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $17.25.

Kohl’s Stock Performance

Shares of Kohl’s stock opened at $24.22 on Friday. The stock’s fifty day moving average is $19.52 and its two-hundred day moving average is $17.03. The company has a market capitalization of $2.75 billion, a PE ratio of 10.58 and a beta of 1.32. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87. Kohl’s has a 52 week low of $11.38 and a 52 week high of $25.22.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.70. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the firm posted $0.56 earnings per share. The business’s revenue was down .9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, analysts expect that Kohl’s will post 2.10 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were given a dividend of $0.1250 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a yield of 2.1%. Kohl’s’s payout ratio is 21.83%.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, insider Jennifer Kent sold 22,940 shares of the company’s stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $24.00, for a total value of $550,560.00. Following the completion of the sale, the insider directly owned 188,572 shares in the company, valued at approximately $4,525,728. This represents a 10.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 68,822 shares of company stock valued at $1,514,080. 1.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

Several institutional investors have recently made changes to their positions in KSS. Empowered Funds LLC increased its holdings in Kohl’s by 23.5% during the first quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock valued at $8,592,000 after buying an additional 126,550 shares during the period. Bessemer Group Inc. lifted its holdings in Kohl’s by 56.4% during the first quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock worth $2,706,000 after buying an additional 75,700 shares during the period. Entropy Technologies LP purchased a new stake in Kohl’s during the first quarter worth $808,000. Amundi lifted its holdings in Kohl’s by 1,409.3% during the second quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after buying an additional 481,657 shares during the period. Finally, Alyeska Investment Group L.P. bought a new stake in Kohl’s during the 2nd quarter valued at $13,487,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.