Kohl’s (NYSE:KSS) EVP Sells $20,278.23 in Stock

Kohl’s Corporation (NYSE:KSS) EVP Mari Steinmetz sold 1,583 shares of Kohl’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $12.81, for a total value of $20,278.23. Following the completion of the transaction, the executive vice president directly owned 218,750 shares of the company’s stock, valued at approximately $2,802,187.50. This represents a 0.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Kohl’s Stock Performance

Shares of KSS stock opened at $12.44 on Monday. Kohl’s Corporation has a one year low of $6.04 and a one year high of $25.22. The company’s 50-day moving average is $17.01 and its 200 day moving average is $18.00. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 5.27 and a beta of 1.42. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.21. The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Sell-side analysts expect that Kohl’s Corporation will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th will be issued a $0.125 dividend. 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 4.0%. Kohl’s’s dividend payout ratio (DPR) is presently 21.19%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Citigroup dropped their price objective on Kohl’s from $23.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Bank of America decreased their target price on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a research report on Thursday, March 12th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research note on Tuesday, March 10th. TD Cowen dropped their price target on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $14.83.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baird Financial Group Inc. bought a new position in shares of Kohl’s in the first quarter worth approximately $96,000. Caxton Associates LLP bought a new stake in shares of Kohl’s during the 1st quarter valued at $166,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Kohl’s by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company’s stock valued at $4,006,000 after purchasing an additional 60,769 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of Kohl’s during the 2nd quarter valued at $120,000. Finally, Bank of Montreal Can boosted its holdings in Kohl’s by 14.3% in the 2nd quarter. Bank of Montreal Can now owns 25,110 shares of the company’s stock worth $213,000 after buying an additional 3,136 shares during the period. Institutional investors own 98.04% of the company’s stock.

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.