Kohl’s (NYSE:KSS) Trading Down 4.3% – Should You Sell?

Kohl’s Corporation (NYSE:KSS) shares traded down 4.3% on Friday . The company traded as low as $20.35 and last traded at $20.8170. 1,564,676 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 3,008,917 shares. The stock had previously closed at $21.76.

Analyst Upgrades and Downgrades

KSS has been the topic of a number of research analyst reports. Cowen reiterated a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th. UBS Group lifted their price target on Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a research report on Wednesday, November 26th. Jefferies Financial Group increased their price objective on Kohl’s from $20.00 to $24.00 and gave the company a “hold” rating in a report on Friday, December 12th. Morgan Stanley raised their target price 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. Finally, The Goldman Sachs Group lifted their target price on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $15.73.

Kohl’s Stock Performance

The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 11.92 and a beta of 1.42. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average price of $20.52 and a 200-day moving average price of $16.11.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.29. The firm had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The company’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, 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 declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, December 10th. Kohl’s’s payout ratio is 29.07%.

Insider Transactions at Kohl’s

In related news, CFO Jill Timm sold 25,000 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $22.75, for a total transaction of $568,750.00. Following the completion of the transaction, the chief financial officer directly owned 335,561 shares of the company’s stock, valued at $7,634,012.75. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in KSS. Harbor Capital Advisors Inc. acquired a new stake in shares of Kohl’s in the 3rd quarter valued at approximately $28,000. IFP Advisors Inc raised its position in Kohl’s by 3,777.6% in the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock worth $31,000 after acquiring an additional 1,851 shares in the last quarter. Caldwell Trust Co purchased a new position in Kohl’s in the third quarter worth $33,000. Future Financial Wealth Managment LLC lifted its holdings in Kohl’s by 400.0% in the third quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock valued at $38,000 after acquiring an additional 2,000 shares during the period. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Kohl’s during the 3rd quarter worth $39,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.