Kohl’s (NYSE:KSS) Receives Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Kohl’s (NYSE:KSS) in a research note released on Tuesday morning,Benzinga reports. Telsey Advisory Group currently has a $17.00 target price on the stock.

Other equities analysts have also issued research reports about the company. Citigroup dropped their target price on Kohl’s from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. The Goldman Sachs Group cut their target price on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Wednesday, March 11th. Zacks Research cut Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. TD Cowen cut their price objective on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Finally, Evercore increased their target price on Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a research note on Tuesday, November 25th. One equities research 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. According to MarketBeat, Kohl’s has an average rating of “Reduce” and an average price target of $14.83.

Kohl’s Price Performance

Kohl’s stock opened at $12.71 on Tuesday. The stock has a market cap of $1.43 billion, a P/E ratio of 5.38 and a beta of 1.42. The company has a current ratio of 1.46, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average price of $17.52 and a 200 day moving average price of $18.07. Kohl’s has a 12-month low of $6.04 and a 12-month high of $25.22.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, March 10th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The company had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. Kohl’s’s revenue for the quarter 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. Sell-side analysts anticipate that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.9%. Kohl’s’s payout ratio is 21.19%.

Institutional Investors Weigh In On Kohl’s

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

About Kohl’s

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.