Blue Trust Inc. Acquires 2,784 Shares of Kohl’s Corporation $KSS

Blue Trust Inc. increased its holdings in shares of Kohl’s Corporation (NYSE:KSS) by 73.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 6,591 shares of the company’s stock after purchasing an additional 2,784 shares during the period. Blue Trust Inc.’s holdings in Kohl’s were worth $56,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. National Bank of Canada FI acquired a new stake in Kohl’s during the first quarter worth approximately $25,000. Smartleaf Asset Management LLC lifted its position in Kohl’s by 161.8% during the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after acquiring an additional 1,887 shares during the last quarter. CWM LLC lifted its position in Kohl’s by 49.7% during the first quarter. CWM LLC now owns 4,177 shares of the company’s stock worth $34,000 after acquiring an additional 1,386 shares during the last quarter. Cheviot Value Management LLC acquired a new stake in Kohl’s during the first quarter worth approximately $36,000. Finally, Twin Tree Management LP acquired a new stake in Kohl’s during the first quarter worth approximately $37,000. Institutional investors own 98.04% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on KSS shares. JPMorgan Chase & Co. raised their price objective on shares of Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. Morgan Stanley raised their price objective on shares of Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, September 18th. Telsey Advisory Group raised their price objective on shares of Kohl’s from $9.00 to $16.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 27th. Evercore ISI lifted their price target on shares of Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a research report on Thursday, August 28th. Finally, Citigroup lifted their price target on shares of Kohl’s from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $12.75.

Kohl’s Stock Down 2.1%

NYSE KSS opened at $15.44 on Friday. Kohl’s Corporation has a 1-year low of $6.04 and a 1-year high of $21.39. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 8.35 and a beta of 1.71. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 1.00. The company has a 50 day moving average of $15.45 and a 200-day moving average of $10.96.

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

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.2%. The ex-dividend date was Wednesday, September 10th. Kohl’s’s payout ratio is currently 27.03%.

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.