Kohl's (NYSE:KSS) Raised to Buy at Gordon Haskett

Key Points

• Gordon Haskett upgraded Kohl’s to “buy” from “hold” and set a $27 price target, implying 21.78% upside from the stock’s $22.17 opening price.
• Kohl’s reported quarterly earnings of $1.28 per share, beating the $0.58 consensus estimate, while revenue of $3.52 billion exceeded expectations but declined slightly year over year.
• Analyst sentiment remains mixed: Kohl’s has a consensus “Reduce” rating and an average price target of $17.25, despite 98.04% of shares being held by institutional investors.

Kohl's (NYSE:KSS - Get Free Report) was upgraded by equities research analysts at Gordon Haskett from a "hold" rating to a "buy" rating in a research note issued on Thursday, Briefing.com reports. The firm currently has a $27.00 price target on the stock. Gordon Haskett's price objective suggests a potential upside of 21.78% from the company's current price.

A number of other equities analysts have also commented on KSS. JPMorgan Chase & Co. raised their price objective on shares of Kohl's from $15.00 to $17.00 and gave the company an "underweight" rating in a research report on Tuesday, August 18th. Robert W. Baird raised their price objective on shares of Kohl's from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, August 27th. Weiss Ratings raised shares of Kohl's from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Morgan Stanley reiterated an "underweight" rating and issued a $15.00 target price on shares of Kohl's in a research report on Monday, July 6th. Finally, Telsey Advisory Group upped their target price on shares of Kohl's from $17.00 to $18.00 and gave the stock a "market perform" rating in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Kohl's has an average rating of "Reduce" and a consensus target price of $17.25.

Kohl's Stock Up 2.0%

KSS stock opened at $22.17 on Thursday. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 9.68 and a beta of 1.32. Kohl's has a fifty-two week low of $11.38 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The stock has a fifty day moving average of $18.79 and a 200-day moving average of $16.99.

Kohl's (NYSE:KSS - Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.70. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.32 billion. Kohl's had a net margin of 1.75% and a return on equity of 6.75%. The company's quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the business earned $0.56 earnings per share. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. As a group, equities research analysts predict that Kohl's will post 2.10 earnings per share for the current year.

Insider Activity at Kohl's

In related news, EVP Jennifer Kent sold 22,942 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the sale, the executive vice president owned 234,452 shares of the company's stock, valued at $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,882 shares of company stock worth $963,520 in the last ninety days. 1.55% of the stock is owned by corporate insiders.

Institutional Trading of Kohl's

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Kohl's by 3.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,677 shares of the company's stock valued at $614,000 after buying an additional 1,077 shares in the last quarter. Independent Wealth Network Inc. grew its stake in shares of Kohl's by 3.1% in the 1st quarter. Independent Wealth Network Inc. now owns 38,092 shares of the company's stock worth $491,000 after buying an additional 1,139 shares during the last quarter. Cidel Asset Management Inc. grew its stake in shares of Kohl's by 10.7% in the 1st quarter. Cidel Asset Management Inc. now owns 14,057 shares of the company's stock worth $181,000 after buying an additional 1,357 shares during the last quarter. GAMMA Investing LLC increased its position in Kohl's by 3.0% during the 3rd quarter. GAMMA Investing LLC now owns 47,867 shares of the company's stock valued at $884,000 after buying an additional 1,401 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in Kohl's by 114.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company's stock valued at $63,000 after buying an additional 1,647 shares in the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl's Company Profile

Kohl's Corporation NYSE: KSS is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl's is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.

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