Kohl’s (NYSE:KSS) Price Target Lowered to $13.00 at The Goldman Sachs Group

Kohl’s (NYSE:KSSFree Report) had its price objective decreased by The Goldman Sachs Group from $15.00 to $13.00 in a research note published on Wednesday,Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

A number of other analysts have also recently issued reports on KSS. JPMorgan Chase & Co. lowered their target price on Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research note on Tuesday. Zacks Research cut shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. UBS Group raised their price objective on shares of Kohl’s from $7.00 to $8.00 and gave the stock a “sell” rating in a report on Wednesday. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $14.82.

Get Our Latest Stock Analysis on KSS

Kohl’s Stock Down 5.3%

NYSE:KSS opened at $13.81 on Wednesday. Kohl’s has a 1 year low of $6.04 and a 1 year high of $25.22. The stock has a 50-day moving average price of $18.18 and a two-hundred day moving average price of $18.09. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 5.85 and a beta of 1.42. The company has a current ratio of 1.46, a quick ratio of 0.12 and a debt-to-equity ratio of 0.94.

Kohl’s (NYSE:KSSGet Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same quarter last year, the firm posted $0.95 earnings per share. Kohl’s’s revenue was down 3.9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts expect that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, March 18th. This represents a $0.50 annualized dividend and a yield of 3.6%. Kohl’s’s payout ratio is presently 29.07%.

Hedge Funds Weigh In On Kohl’s

Several hedge funds have recently made changes to their positions in the business. Y Intercept Hong Kong Ltd lifted its position in shares of Kohl’s by 221.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 143,376 shares of the company’s stock worth $2,204,000 after purchasing an additional 98,778 shares in the last quarter. Federated Hermes Inc. bought a new position in Kohl’s in the third quarter valued at $5,198,000. Quantbot Technologies LP bought a new position in Kohl’s in the second quarter valued at $1,324,000. TriaGen Wealth Management LLC acquired a new stake in Kohl’s in the 3rd quarter valued at $730,000. Finally, Caxton Associates LLP increased its stake in Kohl’s by 2,958.8% in the 2nd quarter. Caxton Associates LLP now owns 621,862 shares of the company’s stock valued at $5,273,000 after buying an additional 601,532 shares during the last quarter. 98.04% of the stock is owned by institutional investors.

More Kohl’s News

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About Kohl’s

(Get Free Report)

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.

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Analyst Recommendations for Kohl's (NYSE:KSS)

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