Traders Buy Large Volume of Kohl’s Call Options (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) was the target of some unusual options trading on Tuesday. Investors purchased 21,957 call options on the company. This represents an increase of 92% compared to the average volume of 11,464 call options.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KSS. JPMorgan Chase & Co. decreased their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 10th. Robert W. Baird decreased their price target on Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research report on Tuesday, March 10th. The Goldman Sachs Group decreased their price target 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. Finally, Jefferies Financial Group decreased their price target on Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $14.92.

Kohl’s Price Performance

KSS traded up $0.90 during midday trading on Tuesday, hitting $15.87. The stock had a trading volume of 8,074,425 shares, compared to its average volume of 5,411,818. The company has a market cap of $1.78 billion, a P/E ratio of 6.49 and a beta of 1.45. Kohl’s has a 1 year low of $7.92 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48. The business has a fifty day moving average of $13.51 and a 200 day moving average of $17.04.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts forecast that Kohl’s will post 1.31 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Wednesday, June 10th. Kohl’s’s dividend payout ratio is currently 21.19%.

Hedge Funds Weigh In On Kohl’s

A number of institutional investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC increased its holdings in shares of Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock valued at $433,000 after acquiring an additional 631 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Kohl’s by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after acquiring an additional 639 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of Kohl’s by 2.0% during the third quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after acquiring an additional 666 shares in the last quarter. Guggenheim Capital LLC increased its holdings in shares of Kohl’s by 1.0% during the fourth quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after acquiring an additional 774 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Kohl’s by 1.6% during the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock valued at $1,026,000 after acquiring an additional 785 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

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.