Baader Bank Aktiengesellschaft Makes New $529,000 Investment in Kohl’s Corporation $KSS

Baader Bank Aktiengesellschaft acquired a new position in Kohl’s Corporation (NYSE:KSS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 34,388 shares of the company’s stock, valued at approximately $529,000.

A number of other hedge funds also recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in Kohl’s by 43.0% in the 2nd quarter. Geode Capital Management LLC now owns 2,615,482 shares of the company’s stock worth $22,182,000 after acquiring an additional 785,936 shares in the last quarter. Allianz Asset Management GmbH increased its stake in shares of Kohl’s by 21.0% in the second quarter. Allianz Asset Management GmbH now owns 4,303,123 shares of the company’s stock worth $36,490,000 after purchasing an additional 745,543 shares in the last quarter. Caxton Associates LLP raised its position in shares of Kohl’s by 2,958.8% during the 2nd quarter. Caxton Associates LLP now owns 621,862 shares of the company’s stock valued at $5,273,000 after purchasing an additional 601,532 shares during the period. Norges Bank bought a new stake in shares of Kohl’s during the 2nd quarter valued at $3,572,000. Finally, Federated Hermes Inc. purchased a new position in shares of Kohl’s during the 3rd quarter valued at $5,198,000. 98.04% of the stock is currently owned by institutional investors.

Kohl’s Trading Up 0.7%

Shares of KSS opened at $18.91 on Friday. The stock has a market capitalization of $2.12 billion, a PE ratio of 10.99 and a beta of 1.44. The company’s fifty day moving average is $20.15 and its 200 day moving average is $17.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.12 and a current ratio of 1.30. Kohl’s Corporation has a fifty-two week low of $6.04 and a fifty-two week high of $25.22.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the company posted $0.20 EPS. The business’s revenue was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Sell-side analysts expect that Kohl’s Corporation will post 1.3 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Jill Timm sold 10,000 shares of Kohl’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the transaction, the chief financial officer owned 325,561 shares in the company, valued at approximately $7,813,464. The trade was a 2.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KSS. TD Cowen reiterated a “hold” rating on shares of Kohl’s in a research note on Wednesday, November 26th. Robert W. Baird set a $24.00 target price on Kohl’s in a research report on Wednesday, December 17th. Gordon Haskett raised Kohl’s from an “accumulate” rating to a “buy” rating in a research note on Tuesday, November 25th. Citigroup boosted their price target on Kohl’s from $19.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $15.55.

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.