Kohl’s (NYSE:KSS) Downgraded by Zacks Research to Hold

Zacks Research cut shares of Kohl’s (NYSE:KSS) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reduced their target price on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Gordon Haskett downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price on the stock. in a report on Friday, May 15th. Finally, The Goldman Sachs Group reduced their target price on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $14.85.

Kohl’s Stock Down 3.9%

KSS stock opened at $16.53 on Monday. Kohl’s has a fifty-two week low of $7.93 and a fifty-two week high of $25.22. The business’s 50 day moving average price is $14.32 and its two-hundred day moving average price is $16.95. 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 has a market capitalization of $1.87 billion, a price-to-earnings ratio of 7.00 and a beta of 1.45.

Kohl’s (NYSE:KSS) last posted its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the business earned ($0.13) EPS. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, analysts forecast that Kohl’s will post 1.27 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.0%. Kohl’s’s dividend payout ratio is presently 21.19%.

Institutional Trading of Kohl’s

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC grew its stake in shares of Kohl’s by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after buying an additional 631 shares during the last quarter. State of Alaska Department of Revenue grew its stake in shares of Kohl’s by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock worth $1,163,000 after buying an additional 639 shares during the last quarter. Guggenheim Capital LLC grew its stake in shares of Kohl’s by 1.0% in the 4th quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock worth $1,594,000 after buying an additional 774 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Kohl’s by 1.6% in the 4th quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after buying an additional 785 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in Kohl’s by 2.9% during the 3rd quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock valued at $471,000 after purchasing an additional 868 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

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.