Public Sector Pension Investment Board Has $6.72 Million Stock Position in Kohl’s Corporation $KSS

Public Sector Pension Investment Board boosted its stake in shares of Kohl’s Corporation (NYSE:KSS) by 15.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 437,051 shares of the company’s stock after acquiring an additional 58,017 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.39% of Kohl’s worth $6,717,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Arizona State Retirement System increased its holdings in shares of Kohl’s by 2.0% in the third quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after purchasing an additional 666 shares in the last quarter. Viawealth LLC increased its stake in shares of Kohl’s by 7.2% in the 2nd quarter. Viawealth LLC now owns 12,998 shares of the company’s stock valued at $110,000 after buying an additional 873 shares during the period. Deseret Mutual Benefit Administrators increased its stake in shares of Kohl’s by 46.4% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 2,832 shares of the company’s stock valued at $44,000 after buying an additional 898 shares during the period. Amalgamated Bank raised its position in shares of Kohl’s by 3.2% during the third quarter. Amalgamated Bank now owns 32,887 shares of the company’s stock worth $505,000 after acquiring an additional 1,018 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Kohl’s by 11.7% during the second quarter. Allworth Financial LP now owns 10,698 shares of the company’s stock valued at $91,000 after acquiring an additional 1,117 shares during the period. 98.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KSS has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. Evercore boosted their price target on shares of Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a research note on Tuesday, November 25th. UBS Group raised their price objective on shares of Kohl’s from $4.50 to $7.00 and gave the company a “sell” rating in a research note on Wednesday, November 26th. The Goldman Sachs Group upped their target price on shares of Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research report on Wednesday, November 26th. Finally, Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $15.55.

Kohl’s Trading Down 1.0%

Shares of NYSE KSS opened at $19.37 on Thursday. Kohl’s Corporation has a twelve month low of $6.04 and a twelve month high of $25.22. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 11.26 and a beta of 1.44. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. The company’s fifty day moving average is $19.87 and its 200-day moving average is $17.72.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The business had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter last year, the business posted $0.20 EPS. The firm’s revenue was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities research analysts predict that Kohl’s Corporation will post 1.3 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Jill Timm sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $22.75, for a total value of $568,750.00. Following the completion of the transaction, the chief financial officer owned 335,561 shares in the company, valued at $7,634,012.75. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

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.