VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Kohl’s Corporation $KSS

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Kohl’s Corporation (NYSE:KSS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 74,800 shares of the company’s stock, valued at approximately $1,325,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Baird Financial Group Inc. bought a new position in Kohl’s in the 1st quarter worth approximately $96,000. Caxton Associates LLP bought a new stake in shares of Kohl’s during the first quarter valued at approximately $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Kohl’s by 14.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after buying an additional 60,769 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in shares of Kohl’s in the second quarter worth $120,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Kohl’s by 21.6% in the second quarter. Cetera Investment Advisers now owns 33,708 shares of the company’s stock worth $286,000 after buying an additional 5,997 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Up 3.0%

KSS stock opened at $17.29 on Friday. The firm has a fifty day moving average price of $18.24 and a 200 day moving average price of $15.99. Kohl’s Corporation has a fifty-two week low of $11.38 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The firm has a market cap of $1.96 billion, a PE ratio of 7.55 and a beta of 1.37.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.70. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the firm earned $0.56 earnings per share. Kohl’s’s revenue was down .9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. Sell-side analysts anticipate that Kohl’s Corporation will post 2.09 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.9%. Kohl’s’s dividend payout ratio (DPR) is presently 21.83%.

Insider Buying and Selling

In related news, EVP Jennifer Kent sold 22,942 shares of Kohl’s stock in a transaction dated Monday, August 3rd. The stock was 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 in the company, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and upped their target price for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. Robert W. Baird boosted their price target on shares of Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Telsey Advisory Group increased their price objective on shares of Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, August 27th. Bank of America cut 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. Finally, Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, Kohl’s presently has a consensus rating of “Reduce” and a consensus target price of $16.17.

Kohl’s Profile

Kohl’s Corporation is a U.S.-based department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings and other consumer merchandise. Its offerings include national brands, private-label products and merchandise for women, men, children and the home.

The company operates through a combination of physical stores and digital channels, serving customers across the United States. Kohl’s also features Sephora shop-in-shop locations and online beauty offerings, broadening its assortment beyond traditional department-store categories.

Founded in 1962 and headquartered in Menomonee Falls, Wisconsin, Kohl’s has grown from a regional retailer into a nationwide chain.