Wealth Enhancement Advisory Services LLC Purchases 1,106 Shares of Kohl’s Corporation $KSS

Wealth Enhancement Advisory Services LLC boosted its stake in Kohl’s Corporation (NYSE:KSS) by 5.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,667 shares of the company’s stock after purchasing an additional 1,106 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Kohl’s were worth $201,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. GAMMA Investing LLC increased its position in Kohl’s by 3,664.1% in the 1st quarter. GAMMA Investing LLC now owns 52,810 shares of the company’s stock valued at $432,000 after buying an additional 51,407 shares in the last quarter. Yousif Capital Management LLC boosted its stake in shares of Kohl’s by 3.5% in the 1st quarter. Yousif Capital Management LLC now owns 59,319 shares of the company’s stock worth $485,000 after buying an additional 2,012 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Kohl’s by 109.1% in the 1st quarter. SG Americas Securities LLC now owns 143,952 shares of the company’s stock worth $1,178,000 after buying an additional 75,114 shares during the last quarter. Silverleafe Capital Partners LLC boosted its stake in shares of Kohl’s by 300.0% in the 1st quarter. Silverleafe Capital Partners LLC now owns 40,000 shares of the company’s stock worth $327,000 after buying an additional 30,000 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Kohl’s by 14.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,762 shares of the company’s stock valued at $121,000 after purchasing an additional 1,849 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Trading Down 8.5%

Shares of Kohl’s stock opened at $13.97 on Friday. The company’s fifty day simple moving average is $15.04 and its 200-day simple moving average is $10.71. The stock has a market capitalization of $1.57 billion, a PE ratio of 7.55 and a beta of 1.71. Kohl’s Corporation has a 1-year low of $6.04 and a 1-year high of $21.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.36 and a quick ratio of 0.19.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 27th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.23. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. Kohl’s’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.59 EPS. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. As a group, equities analysts anticipate that Kohl’s Corporation will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.6%. The ex-dividend date was Wednesday, September 10th. Kohl’s’s dividend payout ratio is presently 27.03%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KSS. UBS Group upped their price objective on Kohl’s from $4.00 to $4.50 and gave the company a “sell” rating in a research note on Thursday, August 28th. Cowen reaffirmed a “hold” rating on shares of Kohl’s in a report on Thursday, August 28th. JPMorgan Chase & Co. increased their target price on Kohl’s from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday. Finally, Evercore ISI raised their price objective on Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a research note on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $12.75.

Kohl’s Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.