Kohl’s Corporation $KSS Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Kohl’s Corporation (NYSE:KSS) by 3,123.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,011,182 shares of the company’s stock after buying an additional 1,948,783 shares during the quarter. JPMorgan Chase & Co. owned about 1.79% of Kohl’s worth $30,912,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Harbor Capital Advisors Inc. purchased a new position in shares of Kohl’s in the 3rd quarter valued at $28,000. IFP Advisors Inc lifted 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 valued at $31,000 after acquiring an additional 1,851 shares during the last quarter. Caldwell Trust Co acquired a new position in Kohl’s in the third quarter valued at $33,000. Future Financial Wealth Managment LLC boosted its stake 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 in the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in shares of Kohl’s during the third quarter worth about $39,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Analysts Set New Price Targets

KSS has been the topic of a number of research analyst reports. Jefferies Financial Group cut their target price on Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. Robert W. Baird cut their price target on Kohl’s from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. The Goldman Sachs Group reduced their price objective on Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a research note on Wednesday, March 11th. Finally, Bank of America decreased their price objective on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $14.83.

Kohl’s Stock Performance

NYSE KSS opened at $12.44 on Monday. The firm has a market cap of $1.40 billion, a P/E ratio of 5.27 and a beta of 1.42. Kohl’s Corporation has a 52-week low of $6.04 and a 52-week high of $25.22. The business’s 50-day moving average price is $17.01 and its 200 day moving average price is $18.00. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, March 10th. The company reported $1.07 earnings per share 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 during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period last year, the firm earned $0.95 EPS. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, equities research analysts expect that Kohl’s Corporation will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, March 18th. Kohl’s’s dividend payout ratio (DPR) is 21.19%.

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.