Yousif Capital Management LLC Boosts Stake in Kohl’s Corporation $KSS

Yousif Capital Management LLC raised its position in Kohl’s Corporation (NYSE:KSS) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 63,903 shares of the company’s stock after buying an additional 4,584 shares during the period. Yousif Capital Management LLC owned 0.06% of Kohl’s worth $542,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hussman Strategic Advisors Inc. increased its stake in Kohl’s by 40.0% in the 1st quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the company’s stock valued at $1,202,000 after buying an additional 42,000 shares during the last quarter. New Republic Capital LLC purchased a new stake in Kohl’s in the 1st quarter valued at about $243,000. Jefferies Financial Group Inc. purchased a new stake in Kohl’s in the 1st quarter valued at about $409,000. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of Kohl’s by 37.0% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company’s stock worth $1,649,000 after purchasing an additional 53,518 shares during the last quarter. Finally, XTX Topco Ltd increased its stake in shares of Kohl’s by 313.1% during the 1st quarter. XTX Topco Ltd now owns 142,270 shares of the company’s stock worth $1,164,000 after purchasing an additional 107,831 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on KSS. BTIG Research began coverage on shares of Kohl’s in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Morgan Stanley raised their price target on shares of Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a research note on Thursday, September 18th. Telsey Advisory Group raised their price target on shares of Kohl’s from $9.00 to $16.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 27th. Evercore ISI raised their price target on shares of Kohl’s from $8.00 to $13.00 and gave the stock an “in-line” rating in a research note on Thursday, August 28th. Finally, Gordon Haskett upgraded shares of Kohl’s from a “hold” rating to an “accumulate” rating in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $12.75.

Kohl’s Stock Down 2.8%

Shares of NYSE:KSS opened at $16.20 on Friday. The firm has a fifty day moving average price of $15.69 and a two-hundred day moving average price of $11.19. 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 Corporation has a one year low of $6.04 and a one year high of $21.39. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 8.76 and a beta of 1.71.

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

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Wednesday, September 10th. Kohl’s’s dividend payout ratio (DPR) is presently 27.03%.

Kohl’s Company 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.