Allspring Global Investments Holdings LLC Boosts Stock Position in Kohl’s Corporation $KSS

Allspring Global Investments Holdings LLC boosted its position in shares of Kohl’s Corporation (NYSE:KSS) by 372.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 49,451 shares of the company’s stock after acquiring an additional 38,978 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Kohl’s were worth $637,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in KSS. IFP Advisors Inc grew its holdings in shares of 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 purchasing an additional 1,851 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Kohl’s by 233.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after buying an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Kohl’s during the 3rd quarter worth approximately $39,000. Plato Investment Management Ltd purchased a new position in Kohl’s in the 4th quarter valued at approximately $42,000. Finally, Hantz Financial Services Inc. boosted its position in Kohl’s by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock valued at $43,000 after buying an additional 1,308 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Bank of America dropped their price objective on Kohl’s from $15.00 to $14.00 and set an “underperform” rating on the stock in a report on Friday, May 29th. UBS Group boosted their target price on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Friday, May 29th. Gordon Haskett downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a report on Friday, May 15th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Finally, Citigroup upgraded shares of Kohl’s from a “neutral” rating to a “buy” rating and increased their price target for the company from $14.00 to $22.00 in a research note on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $15.31.

Kohl’s Price Performance

Shares of Kohl’s stock opened at $18.51 on Tuesday. The business’s fifty day moving average price is $16.53 and its 200 day moving average price is $15.98. Kohl’s Corporation has a twelve month low of $10.33 and a twelve month high of $25.22. The company has a current ratio of 1.48, a quick ratio of 0.31 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $2.10 billion, a P/E ratio of 7.84 and a beta of 1.40.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.05. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm posted ($0.13) earnings per share. The firm’s revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, research analysts anticipate that Kohl’s Corporation will post 1.36 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.7%. The ex-dividend date was Wednesday, June 10th. Kohl’s’s dividend payout ratio is currently 21.19%.

Kohl’s 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.