PARK CIRCLE Co Sells 37,000 Shares of Kohl’s Corporation $KSS

PARK CIRCLE Co lowered its stake in shares of Kohl’s Corporation (NYSE:KSS) by 50.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 37,000 shares of the company’s stock after selling 37,000 shares during the quarter. PARK CIRCLE Co’s holdings in Kohl’s were worth $314,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in KSS. National Bank of Canada FI acquired a new position in Kohl’s during the 1st quarter worth approximately $25,000. Smartleaf Asset Management LLC raised its position in shares of Kohl’s by 161.8% during the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after purchasing an additional 1,887 shares during the period. CWM LLC lifted its holdings in shares of Kohl’s by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock worth $34,000 after purchasing an additional 1,386 shares in the last quarter. Cheviot Value Management LLC bought a new position in shares of Kohl’s in the 1st quarter worth $36,000. Finally, Twin Tree Management LP acquired a new stake in Kohl’s in the 1st quarter valued at $37,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Price Performance

Shares of NYSE KSS opened at $15.74 on Thursday. The company has a market capitalization of $1.76 billion, a PE ratio of 8.51 and a beta of 1.71. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00. The stock’s 50 day moving average price is $14.89 and its 200-day moving average price is $10.62. Kohl’s Corporation has a twelve month low of $6.04 and a twelve month high of $21.39.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the business posted $0.59 earnings per share. Kohl’s’s revenue was down 5.0% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. On average, equities analysts anticipate that Kohl’s Corporation will post 1.3 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, September 10th. Kohl’s’s payout ratio is 27.03%.

Wall Street Analyst Weigh In

Several research firms have weighed in on KSS. Telsey Advisory Group upped their price objective on shares of Kohl’s from $9.00 to $16.00 and gave the stock a “market perform” rating in a report on Wednesday, August 27th. UBS Group boosted their target price on shares of Kohl’s from $4.00 to $4.50 and gave the stock a “sell” rating in a research report on Thursday, August 28th. Morgan Stanley raised their price target on shares of Kohl’s from $5.00 to $9.00 and gave the company an “underweight” rating in a research report on Thursday, September 18th. Gordon Haskett raised Kohl’s from a “hold” rating to an “accumulate” rating in a report on Wednesday, August 27th. Finally, Evercore ISI increased their price objective on Kohl’s from $8.00 to $13.00 and gave the stock an “in-line” rating in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, Kohl’s currently has a consensus rating of “Reduce” and an average target price of $12.75.

Kohl’s Company Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.