Andra AP fonden Increases Holdings in Kohl’s Corporation $KSS

Andra AP fonden boosted its stake in Kohl’s Corporation (NYSE:KSS) by 327.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 208,811 shares of the company’s stock after acquiring an additional 159,910 shares during the period. Andra AP fonden owned 0.19% of Kohl’s worth $1,771,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the company. Hussman Strategic Advisors Inc. raised 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 acquiring an additional 42,000 shares during the period. New Republic Capital LLC bought a new position in Kohl’s in the 1st quarter worth about $243,000. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in 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 valued at $1,649,000 after buying an additional 53,518 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Kohl’s during the first quarter valued at about $409,000. Finally, XTX Topco Ltd increased its position in shares of Kohl’s by 313.1% during the first quarter. XTX Topco Ltd now owns 142,270 shares of the company’s stock valued at $1,164,000 after buying an additional 107,831 shares during the period. 98.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KSS. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. Gordon Haskett raised shares of Kohl’s from a “hold” rating to an “accumulate” rating in a report on Wednesday, August 27th. Wall Street Zen upgraded shares of Kohl’s from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Evercore ISI increased their price objective on Kohl’s from $8.00 to $13.00 and gave the stock an “in-line” rating in a research report on Thursday, August 28th. Finally, Cowen reissued a “hold” rating on shares of Kohl’s in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $12.75.

Kohl’s Stock Up 1.9%

Shares of NYSE:KSS opened at $17.07 on Friday. The firm has a market capitalization of $1.91 billion, a PE ratio of 9.23 and a beta of 1.78. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. Kohl’s Corporation has a 52-week low of $6.04 and a 52-week high of $21.39. The firm has a fifty day moving average of $16.20 and a 200 day moving average of $12.00.

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

Kohl’s Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Wednesday, September 10th. Kohl’s’s dividend payout ratio (DPR) is presently 27.03%.

About Kohl’s

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.