Kohl’s Corporation $KSS Stake Raised by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 6,060.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,923 shares of the company’s stock after buying an additional 30,421 shares during the period. Fifth Third Bancorp’s holdings in Kohl’s were worth $399,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Kohl’s by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock valued at $248,630,000 after acquiring an additional 273,500 shares during the period. Dimensional Fund Advisors LP boosted its position in Kohl’s by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,597,801 shares of the company’s stock worth $114,250,000 after acquiring an additional 620,070 shares during the period. Geode Capital Management LLC boosted its position in Kohl’s by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock worth $55,177,000 after acquiring an additional 47,037 shares during the period. Fuller & Thaler Asset Management Inc. bought a new position in shares of Kohl’s in the fourth quarter worth $49,796,000. Finally, First Trust Advisors LP grew its stake in shares of Kohl’s by 11.5% in the second quarter. First Trust Advisors LP now owns 2,380,359 shares of the company’s stock worth $20,185,000 after purchasing an additional 244,761 shares in the last quarter. 98.04% of the stock is owned by institutional investors.

Kohl’s Trading Up 2.5%

Shares of KSS opened at $19.55 on Friday. The business’s 50-day moving average price is $16.95 and its 200 day moving average price is $15.94. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $2.22 billion, a P/E ratio of 8.28 and a beta of 1.40. Kohl’s Corporation has a 1-year low of $10.33 and a 1-year high of $25.22.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. Kohl’s had a net margin of 1.76% and a return on equity of 4.67%. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm earned ($0.13) earnings per share. The business’s quarterly revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Analysts expect that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently commented on KSS. TD Cowen raised their price target on Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a report on Monday, June 8th. Wall Street Zen downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Zacks Research lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Gordon Haskett cut shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 target price on the stock. in a research note on Friday, May 15th. Finally, Bank of America dropped their price target on shares of Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a research report on Friday, May 29th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, Kohl’s presently has an average rating of “Reduce” and an average price target of $15.31.

Kohl’s 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.