33,615 Shares in Kohl’s Corporation $KSS Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new stake in shares of Kohl’s Corporation (NYSE:KSS) in the 1st quarter, Holdings Channel reports. The fund purchased 33,615 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. acquired a new stake in shares of Kohl’s during the first quarter worth approximately $96,000. Caxton Associates LLP bought a new position in shares of Kohl’s in the first quarter valued at approximately $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Kohl’s by 14.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock worth $4,006,000 after acquiring an additional 60,769 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Kohl’s in the 2nd quarter worth approximately $120,000. Finally, Cetera Investment Advisers grew its position in Kohl’s by 21.6% during the 2nd quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after acquiring an additional 5,997 shares during the last quarter. 98.04% of the stock is owned by institutional investors.

Kohl’s Price Performance

KSS opened at $16.42 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.48 and a quick ratio of 0.31. The stock has a market capitalization of $1.86 billion, a P/E ratio of 6.96 and a beta of 1.40. The company’s 50 day simple moving average is $15.63 and its 200-day simple moving average is $16.18. Kohl’s Corporation has a one year low of $9.19 and a one year high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the company posted ($0.13) EPS. Kohl’s’s revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Sell-side analysts anticipate that Kohl’s Corporation will post 1.36 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, June 10th. Kohl’s’s dividend payout ratio (DPR) is 21.19%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KSS. UBS Group raised their price target on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a report on Friday, May 29th. Gordon Haskett lowered Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research note on Friday, May 15th. TD Cowen increased their target price on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Zacks Research lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Citigroup raised Kohl’s from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $22.00 in a report on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $15.31.

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.