Kohl’s Corporation $KSS Shares Bought by American Century Companies Inc.

American Century Companies Inc. boosted its stake in Kohl’s Corporation (NYSE:KSS) by 4.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,690,642 shares of the company’s stock after buying an additional 220,427 shares during the quarter. American Century Companies Inc. owned approximately 4.19% of Kohl’s worth $39,777,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI purchased a new stake in Kohl’s during the 1st quarter valued at about $25,000. Smartleaf Asset Management LLC boosted its position in shares of Kohl’s by 161.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock valued at $26,000 after acquiring an additional 1,887 shares during the last quarter. CWM LLC boosted its position in shares of Kohl’s by 49.7% during the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock valued at $34,000 after acquiring an additional 1,386 shares during the last quarter. Cheviot Value Management LLC purchased a new stake in shares of Kohl’s in the first quarter valued at about $36,000. Finally, Twin Tree Management LP acquired a new stake in Kohl’s during the first quarter worth about $37,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on KSS shares. Gordon Haskett upgraded shares of Kohl’s from an “accumulate” rating to a “buy” rating in a report on Tuesday, November 25th. Morgan Stanley upped their price objective on Kohl’s from $5.00 to $9.00 and gave the company an “underweight” rating in a report on Thursday, September 18th. Evercore ISI increased their price objective on Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a research report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group upped their price target on Kohl’s from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $15.18.

Kohl’s Stock Up 2.4%

Shares of NYSE KSS opened at $24.68 on Friday. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is $16.85 and its two-hundred day moving average is $13.20. Kohl’s Corporation has a 52-week low of $6.04 and a 52-week high of $24.91. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 13.34 and a beta of 1.78.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.29. The business had revenue of $3.58 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 quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the business posted $0.20 earnings per share. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Research analysts predict that Kohl’s Corporation will post 1.3 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, December 10th. Kohl’s’s dividend payout ratio is presently 29.07%.

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.