74,800 Shares in Kohl's Corporation $KSS Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 74,800 Kohl’s shares worth approximately $1.325 million, giving it a 0.07% stake; institutional investors collectively own 98.04% of the company.
• Kohl’s reported quarterly EPS of $1.28, beating estimates of $0.58, while revenue reached $3.52 billion. The company also announced a quarterly dividend of $0.125 per share, equivalent to a 2.9% annualized yield.
• Analyst sentiment remains cautious, with Kohl’s carrying an average “Reduce” rating and a $16.17 price target versus the reported share price of $17.29.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Kohl's Corporation (NYSE:KSS - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 74,800 shares of the company's stock, valued at approximately $1,325,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.07% of Kohl's at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. 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 worth $31,000 after acquiring an additional 1,851 shares during the period. Hantz Financial Services Inc. lifted its holdings in Kohl's by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company's stock valued at $43,000 after acquiring an additional 1,308 shares during the period. Los Angeles Capital Management LLC bought a new position in Kohl's in the fourth quarter valued at about $45,000. Kemnay Advisory Services Inc. purchased a new position in Kohl's in the fourth quarter worth about $46,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Kohl's in the fourth quarter worth about $51,000. 98.04% of the stock is owned by institutional investors.

Kohl's Stock Performance

Shares of KSS opened at $17.29 on Friday. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $18.24 and a two-hundred day simple moving average of $15.99. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 7.55 and a beta of 1.37. Kohl's Corporation has a 52 week low of $11.38 and a 52 week high of $25.22.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.70. The firm had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.32 billion. Kohl's had a return on equity of 6.75% and a net margin of 1.75%.The business's quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 EPS. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. On average, analysts expect that Kohl's Corporation will post 2.09 EPS for the current year.

Kohl's Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.125 per share. The ex-dividend date is Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a yield of 2.9%. Kohl's's dividend payout ratio (DPR) is presently 21.83%.

Insiders Place Their Bets

In other Kohl's news, EVP Jennifer Kent sold 22,942 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the transaction, the executive vice president directly owned 234,452 shares in the company, valued at $4,689,040. This represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on KSS shares. Wall Street Zen lowered shares of Kohl's from a "buy" rating to a "hold" rating in a research report on Sunday, June 7th. TD Cowen raised their price objective on shares of Kohl's from $13.50 to $16.00 and gave the stock a "hold" rating in a report on Monday, June 8th. Weiss Ratings upgraded shares of Kohl's from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 4th. Zacks Research raised shares of Kohl's from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 26th. Finally, Morgan Stanley reiterated an "underweight" rating and issued a $15.00 price target on shares of Kohl's in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $16.17.

Kohl's Company Profile

Kohl's Corporation is a U.S.-based department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings and other consumer merchandise. Its offerings include national brands, private-label products and merchandise for women, men, children and the home.

The company operates through a combination of physical stores and digital channels, serving customers across the United States. Kohl's also features Sephora shop-in-shop locations and online beauty offerings, broadening its assortment beyond traditional department-store categories.

Founded in 1962 and headquartered in Menomonee Falls, Wisconsin, Kohl's has grown from a regional retailer into a nationwide chain.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.