Kohl’s (NYSE:KSS) Insider Jennifer Kent Sells 4,588 Shares of Company Stock

Kohl’s Corporation (NYSE:KSS) insider Jennifer Kent sold 4,588 shares of the company’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $22.00, for a total value of $100,936.00. Following the sale, the insider owned 229,864 shares of the company’s stock, valued at $5,057,008. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Stock Up 6.2%

KSS stock traded up $1.31 during trading on Thursday, reaching $22.46. 2,486,869 shares of the company traded hands, compared to its average volume of 4,537,389. The business has a 50 day simple moving average of $18.50 and a 200 day simple moving average of $16.66. Kohl’s Corporation has a 12 month low of $11.38 and a 12 month high of $25.22. 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 company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 9.81 and a beta of 1.32.

Kohl’s (NYSE:KSS) last announced its earnings results on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 1.75% and a return on equity of 6.75%. The firm’s revenue was down .9% on a year-over-year basis. During the same period in the previous year, the company 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 2.10 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were paid a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, September 9th. Kohl’s’s payout ratio is 21.83%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. JPMorgan Chase & Co. lifted their price target on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a report on Tuesday, August 18th. Robert W. Baird upped their price target on Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. Weiss Ratings upgraded Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, September 25th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $15.00 price objective 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 issued a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $16.17.

Institutional Investors Weigh In On Kohl’s

A number of large investors have recently modified their holdings of KSS. Empowered Funds LLC increased its holdings in shares of 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 acquiring an additional 126,550 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Kohl’s by 56.4% in the 1st quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock valued at $2,706,000 after purchasing an additional 75,700 shares during the last quarter. Entropy Technologies LP acquired a new stake in Kohl’s in the 1st quarter worth approximately $808,000. Amundi boosted its stake in Kohl’s by 1,409.3% in the 2nd quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after purchasing an additional 481,657 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new stake in Kohl’s in the 2nd quarter worth approximately $13,487,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.

Kohl’s offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.

The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.