Kohl’s (NYSE:KSS) Hits New 12-Month High – Time to Buy?

Kohl’s Corporation (NYSE:KSS) shares reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $25.31 and last traded at $24.9890, with a volume of 522,469 shares changing hands. The stock had previously closed at $23.62.

Analyst Ratings Changes

Several brokerages recently commented on KSS. Robert W. Baird increased their price objective on shares of Kohl’s from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. lifted their target price on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 18th. Gordon Haskett raised shares of Kohl’s from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Thursday, October 22nd. Weiss Ratings upgraded shares of Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $17.25.

Kohl’s Trading Up 5.5%

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 company has a market cap of $2.82 billion, a price-to-earnings ratio of 10.87 and a beta of 1.29. The company’s fifty day moving average is $19.76 and its two-hundred day moving average is $17.07.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.58 by $0.70. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 EPS. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. On average, research analysts anticipate that Kohl’s Corporation will post 2.10 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were issued a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, September 9th. Kohl’s’s dividend payout ratio (DPR) is 21.83%.

Insider Transactions at Kohl’s

In related news, insider Jennifer Kent sold 22,940 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $24.00, for a total transaction of $550,560.00. Following the completion of the transaction, the insider directly owned 188,572 shares in the company, valued at $4,525,728. The trade was a 10.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 45,880 shares of company stock worth $1,055,240 in the last three months. Insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC raised its stake in shares of Kohl’s by 23.5% during the 1st quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock valued at $8,592,000 after buying an additional 126,550 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Kohl’s by 56.4% in the 1st quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock valued at $2,706,000 after buying an additional 75,700 shares during the period. Entropy Technologies LP purchased a new stake in shares of Kohl’s in the first quarter worth about $808,000. Amundi boosted its stake in shares of Kohl’s by 1,409.3% in the second quarter. Amundi now owns 515,833 shares of the company’s stock worth $9,141,000 after buying an additional 481,657 shares during the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Kohl’s in the second quarter worth about $13,487,000. 98.04% of the stock is owned by institutional investors and hedge funds.

About Kohl’s

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.