Jennifer Kent Sells 22,942 Shares of Kohl’s (NYSE:KSS) Stock

Kohl’s Corporation (NYSE:KSS) EVP Jennifer Kent sold 22,942 shares of the business’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 sale, the executive vice president directly owned 234,452 shares in the company, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Stock Performance

Shares of Kohl’s stock opened at $19.59 on Thursday. The stock has a market cap of $2.22 billion, a PE ratio of 8.30 and a beta of 1.40. The business has a fifty day simple moving average of $17.48 and a 200-day simple moving average of $15.94. The company has a quick ratio of 0.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.93. Kohl’s Corporation has a 12 month low of $10.85 and a 12 month high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.05. The firm had revenue of $3.17 billion for 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%.Kohl’s’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts anticipate that Kohl’s Corporation will post 1.36 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. Kohl’s’s payout ratio is presently 21.19%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of KSS. Fuller & Thaler Asset Management Inc. acquired a new stake in Kohl’s in the 4th quarter worth approximately $49,796,000. Wells Fargo & Company MN grew its holdings in Kohl’s by 118.0% during the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after purchasing an additional 1,388,707 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Kohl’s during the fourth quarter valued at approximately $26,343,000. Arrowstreet Capital Limited Partnership raised its position 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 valued at $31,980,000 after purchasing an additional 1,286,710 shares during the period. Finally, Hancock Whitney Corp bought a new position in shares of Kohl’s in the third quarter valued at approximately $17,125,000. Institutional investors own 98.04% of the company’s stock.

Wall Street Analysts Forecast Growth

KSS has been the subject of a number of research reports. Weiss Ratings lowered shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, June 5th. TD Cowen increased their price objective on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Bank of America reduced their price objective on Kohl’s from $15.00 to $14.00 and set an “underperform” rating for the company in a research report on Friday, May 29th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Wall Street Zen lowered Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Kohl’s currently has a consensus rating of “Reduce” and a consensus price target of $15.31.

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.