Kohl’s (NYSE:KSS) Shares Up 7.1% – Time to Buy?

Kohl’s Corporation (NYSE:KSS) rose 7.1% during mid-day trading on Wednesday . The company traded as high as $18.76 and last traded at $19.0910. Approximately 388,098 shares changed hands during trading, a decline of 92% from the average daily volume of 4,616,483 shares. The stock had previously closed at $17.82.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Weiss Ratings raised shares of Kohl’s from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Bank of America lowered 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. Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a research note on Sunday, June 7th. Finally, Telsey Advisory Group boosted their price target on Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, Kohl’s presently has a consensus rating of “Reduce” and a consensus target price of $16.17.

Kohl’s Stock Up 6.4%

The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 8.29 and a beta of 1.38. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. The stock has a 50-day moving average of $18.26 and a 200-day moving average of $16.02.

Kohl’s (NYSE:KSS) last announced 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 business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%.Kohl’s’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company earned $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. Sell-side analysts predict that Kohl’s Corporation will post 1.95 EPS for the current fiscal year.

Kohl’s Announces Dividend

The company also recently announced 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. The ex-dividend date is Wednesday, September 9th. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. Kohl’s’s dividend payout ratio (DPR) is currently 21.83%.

Insiders Place Their Bets

In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of Kohl’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total transaction of $458,840.00. Following the transaction, the executive vice president directly owned 234,452 shares of the company’s stock, valued at $4,689,040. The trade was a 8.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On Kohl’s

Several institutional investors and hedge funds have recently bought and sold shares of KSS. Farther Finance Advisors LLC raised its stake in Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after acquiring an additional 1,167 shares during the period. IFP Advisors Inc boosted its position in Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after purchasing an additional 1,851 shares during the period. Plato Investment Management Ltd bought a new position in Kohl’s during the fourth quarter worth about $42,000. Hantz Financial Services Inc. increased its stake in shares of Kohl’s by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Kohl’s in the fourth quarter worth about $45,000. 98.04% of the stock is owned by institutional investors.

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.