Mari Steinmetz Sells 1,583 Shares of Kohl’s (NYSE:KSS) Stock

Kohl’s Corporation (NYSE:KSS) EVP Mari Steinmetz sold 1,583 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $12.81, for a total value of $20,278.23. Following the sale, the executive vice president owned 218,750 shares in the company, valued at $2,802,187.50. The trade was a 0.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Kohl’s Stock Performance

KSS opened at $12.44 on Friday. The company has a market cap of $1.40 billion, a P/E ratio of 5.27 and a beta of 1.42. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94. The firm’s 50-day moving average price is $17.01 and its 200-day moving average price is $17.98. Kohl’s Corporation has a 52-week low of $6.04 and a 52-week high of $25.22.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, March 10th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period last year, the business earned $0.95 EPS. Kohl’s’s revenue for the quarter was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts anticipate that Kohl’s Corporation will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.0%. Kohl’s’s payout ratio is 21.19%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on KSS shares. TD Cowen cut their price objective on Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Bank of America cut their price objective on shares of Kohl’s from $18.00 to $15.00 and set an “underperform” rating on the stock in a research note on Thursday, March 12th. Finally, Citigroup reduced their target price on shares of Kohl’s from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, Kohl’s currently has an average rating of “Reduce” and a consensus price target of $14.83.

Institutional Trading of Kohl’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Kohl’s in the 4th quarter valued at about $49,796,000. JPMorgan Chase & Co. raised its holdings in Kohl’s by 3,123.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock worth $30,912,000 after purchasing an additional 1,948,783 shares during the period. Wells Fargo & Company MN boosted its position in Kohl’s by 118.0% during the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock worth $4,320,000 after purchasing an additional 1,388,707 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Kohl’s during the fourth quarter worth approximately $26,343,000. Finally, Hancock Whitney Corp acquired a new stake in Kohl’s in the third quarter valued at approximately $17,125,000. 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.