Kohl’s (NYSE:KSS) Trading 7.1% Higher – Time to Buy?

Kohl’s Corporation (NYSE:KSS) shares shot up 7.1% during trading on Wednesday . The stock traded as high as $18.76 and last traded at $19.0910. Approximately 388,098 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 4,616,483 shares. The stock had previously closed at $17.82.

Analyst Ratings Changes

Several equities research analysts recently weighed in on KSS shares. TD Cowen increased their target price on Kohl’s from $13.50 to $16.00 and gave the company a “hold” rating in a report on Monday, June 8th. Morgan Stanley reaffirmed an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. UBS Group boosted their price objective on Kohl’s from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Friday, May 29th. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Finally, Telsey Advisory Group lifted their target price on shares of Kohl’s from $17.00 to $18.00 and gave the stock a “market perform” rating in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $16.17.

Kohl’s Stock Performance

The firm has a market cap of $2.19 billion, a P/E ratio of 8.44 and a beta of 1.37. The business has a fifty day simple moving average of $18.27 and a 200-day simple moving average of $16.02. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate 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 company’s revenue was down .9% on a year-over-year basis. 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. On average, sell-side analysts predict that Kohl’s Corporation will post 1.95 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, September 9th. Kohl’s’s dividend payout ratio is 21.83%.

Insider Transactions at Kohl’s

In other news, EVP Jennifer Kent sold 22,942 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total transaction of $458,840.00. Following the sale, the executive vice president directly owned 234,452 shares in the company, valued at $4,689,040. This trade represents a 8.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.

Institutional Trading of Kohl’s

Several hedge funds have recently modified their holdings of KSS. IFP Advisors Inc boosted its stake in Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after buying an additional 1,851 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after acquiring an additional 1,167 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Kohl’s during the 3rd quarter worth about $39,000. Plato Investment Management Ltd purchased a new position in shares of Kohl’s during the 4th quarter worth about $42,000. Finally, Hantz Financial Services Inc. grew its holdings in Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after purchasing an additional 1,308 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.