Kohl’s (NYSE:KSS) Stock Price Up 7.6% – Here’s What Happened

Kohl’s Corporation (NYSE:KSS)’s stock price rose 7.6% during trading on Tuesday . The company traded as high as $15.84 and last traded at $15.7240. Approximately 1,101,864 shares traded hands during trading, a decline of 75% from the average daily volume of 4,466,152 shares. The stock had previously closed at $14.61.

Wall Street Analysts Forecast Growth

KSS has been the topic of a number of analyst reports. The Goldman Sachs Group dropped their target price on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Wednesday, March 11th. Bank of America lowered their price objective on Kohl’s from $18.00 to $15.00 and set an “underperform” rating on the stock in a report on Thursday, March 12th. JPMorgan Chase & Co. lowered their price objective on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $17.00 price objective on shares of Kohl’s in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $14.83.

Kohl’s Price Performance

The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46. The stock’s 50 day simple moving average is $14.85 and its two-hundred day simple moving average is $17.51. The firm has a market capitalization of $1.74 billion, a PE ratio of 6.56 and a beta of 1.46.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The business had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the company posted $0.95 EPS. The business’s revenue was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts forecast that Kohl’s Corporation will post 1.31 EPS for the current year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, March 18th. Kohl’s’s dividend payout ratio (DPR) is 21.19%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Kohl’s by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock worth $248,630,000 after purchasing an additional 273,500 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Kohl’s by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,597,801 shares of the company’s stock valued at $114,250,000 after buying an additional 620,070 shares during the period. American Century Companies Inc. raised its position in shares of Kohl’s by 7.5% during the 3rd quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after buying an additional 351,691 shares during the period. Geode Capital Management LLC raised its position in shares of Kohl’s by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after buying an additional 47,037 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Kohl’s during the 4th quarter valued at approximately $49,796,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.