Kohl’s (NYSE:KSS) Given New $17.00 Price Target at JPMorgan Chase & Co.

Kohl’s (NYSE:KSS) had its price objective hoisted by research analysts at JPMorgan Chase & Co. from $15.00 to $17.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 9.94% from the stock’s current price.

KSS has been the subject of several other research reports. Zacks Research downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Morgan Stanley restated an “underweight” rating and set a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and raised their price target for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. Gordon Haskett downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a report on Friday, May 15th. Finally, UBS Group boosted their price objective on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, Kohl’s currently has an average rating of “Reduce” and a consensus target price of $15.46.

Kohl’s Trading Down 2.1%

KSS traded down $0.40 on Tuesday, hitting $18.88. The company had a trading volume of 898,782 shares, compared to its average volume of 4,541,443. The firm has a market cap of $2.14 billion, a P/E ratio of 7.99 and a beta of 1.40. Kohl’s has a 1 year low of $11.38 and a 1 year high of $25.22. The company’s fifty day moving average price is $18.05 and its 200 day moving average price is $16.00. 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 (NYSE:KSS) last announced its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate 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 quarter last year, the firm posted ($0.13) earnings per share. Kohl’s’s revenue was down 1.7% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts expect that Kohl’s will post 1.36 earnings per share for the current year.

Insider Transactions at Kohl’s

In other Kohl’s news, EVP Jennifer J. Kent sold 22,942 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the transaction, the executive vice president owned 234,452 shares of the company’s stock, valued at $4,689,040. This trade represents a 8.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kohl’s

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Kohl’s by 2.3% during the fourth 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 period. Dimensional Fund Advisors LP boosted its holdings in Kohl’s by 13.3% in the first 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 period. Geode Capital Management LLC grew its stake 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 purchasing an additional 47,037 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Kohl’s by 107.9% during the 1st 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 in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in Kohl’s during the 4th quarter worth about $49,796,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company 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.