Kohl’s (NYSE:KSS) Stock Rating Cut to Hold at Zacks Research

Kohl’s (NYSE:KSS) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.

Several other equities analysts have also recently weighed in on the stock. Telsey Advisory Group raised their target price on shares of Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a research note on Thursday, August 27th. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Friday, September 18th. Robert W. Baird upped their price target on shares of Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. 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, TD Cowen initiated coverage on shares of Kohl’s in a research report on Friday, October 30th. They issued a “hold” rating for the company. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $17.25.

Kohl’s Stock Performance

KSS opened at $23.60 on Monday. The business’s 50-day simple moving average is $19.76 and its 200 day simple moving average is $17.07. Kohl’s has a 52-week low of $11.38 and a 52-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 capitalization of $2.68 billion, a PE ratio of 10.41 and a beta of 1.29.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.70. The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The business’s revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $0.56 earnings per share. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, sell-side analysts expect that Kohl’s will post 2.10 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jennifer Kent sold 22,940 shares of the stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $24.00, for a total value of $550,560.00. Following the sale, the insider owned 188,572 shares in the company, valued at approximately $4,525,728. This represents a 10.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 45,880 shares of company stock valued at $1,055,240. 1.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

Institutional investors and hedge funds have recently modified their holdings of the stock. Ethic Inc. increased its position in Kohl’s by 78.4% during the 3rd quarter. Ethic Inc. now owns 19,584 shares of the company’s stock worth $362,000 after buying an additional 8,607 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Kohl’s by 1.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,411,666 shares of the company’s stock worth $26,059,000 after purchasing an additional 25,841 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in Kohl’s during the 3rd quarter worth $292,000. Vise Technologies Inc. acquired a new position in Kohl’s in the third quarter valued at about $262,000. Finally, State of Wyoming raised its position in shares of Kohl’s by 37.8% in the 3rd quarter. State of Wyoming now owns 34,012 shares of the company’s stock valued at $628,000 after buying an additional 9,328 shares in the last quarter. 98.04% of the stock is currently 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.