Kohl’s Corporation (NYSE:KSS) Receives $14.92 Average PT from Brokerages

Shares of Kohl’s Corporation (NYSE:KSS) have been given a consensus recommendation of “Reduce” by the sixteen research firms that are presently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $14.8462.

KSS has been the subject of a number of research analyst reports. Jefferies Financial Group decreased their price target on Kohl’s from $22.00 to $15.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. JPMorgan Chase & Co. dropped their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 10th. Telsey Advisory Group restated a “market perform” rating and set a $17.00 price objective on shares of Kohl’s in a report on Tuesday, March 17th. Robert W. Baird cut their price objective on shares of Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Finally, BTIG Research restated a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th.

Hedge Funds Weigh In On Kohl’s

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised 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 acquiring an additional 273,500 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Kohl’s by 13.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock valued at $81,811,000 after purchasing an additional 744,539 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Kohl’s by 7.5% in the third quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after purchasing an additional 351,691 shares during the period. Geode Capital Management LLC increased its holdings in shares of Kohl’s by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after purchasing an additional 47,037 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Kohl’s by 107.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock worth $31,980,000 after purchasing an additional 1,286,710 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Price Performance

NYSE KSS opened at $18.03 on Monday. The firm’s fifty day simple moving average is $14.16 and its two-hundred day simple moving average is $17.04. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. Kohl’s has a 12-month low of $7.93 and a 12-month high of $25.22. The firm has a market capitalization of $2.04 billion, a P/E ratio of 7.64 and a beta of 1.45.

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

Kohl’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.125 per share. The ex-dividend date is Wednesday, June 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.8%. Kohl’s’s dividend payout ratio is 21.19%.

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.