83,287 Kohl's Corporation $KSS Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its Kohl’s stake by 77.7% in the second quarter, selling 83,287 shares and retaining 23,948 shares valued at approximately $424,000. Other institutional investors made mixed moves, while institutions collectively owned 98.04% of the stock.
• Analyst sentiment remains cautious: Kohl’s has a consensus rating of “Reduce”, with one Strong Buy, one Buy, eight Hold, and five Sell ratings. The average price target is $16.17, below the reported share price of $18.92.
• Kohl’s reported quarterly EPS of $1.28, beating estimates of $0.58, while revenue reached $3.52 billion despite declining 0.9% year over year. The company also maintained a quarterly dividend of $0.125 per share, representing a 2.6% annualized yield.

Corient Private Wealth LP cut its stake in Kohl's Corporation (NYSE:KSS - Free Report) by 77.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,948 shares of the company's stock after selling 83,287 shares during the quarter. Corient Private Wealth LP's holdings in Kohl's were worth $424,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of KSS. Amundi boosted its holdings in Kohl's by 1,409.3% during the second quarter. Amundi now owns 515,833 shares of the company's stock worth $9,141,000 after purchasing an additional 481,657 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Kohl's in the 2nd quarter valued at about $1,325,000. AXQ Capital LP bought a new position in shares of Kohl's during the 2nd quarter worth approximately $452,000. Two Sigma Securities LLC bought a new position in shares of Kohl's during the 2nd quarter worth approximately $224,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of Kohl's in the 2nd quarter worth approximately $13,487,000. Institutional investors own 98.04% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Weiss Ratings raised Kohl's from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Robert W. Baird boosted their price objective on Kohl's from $19.00 to $20.00 and gave the stock a "neutral" rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. upped their price objective on Kohl's from $15.00 to $17.00 and gave the company an "underweight" rating in a research note on Tuesday, August 18th. Wall Street Zen lowered Kohl's from a "buy" rating to a "hold" rating in a research report on Sunday, June 7th. Finally, TD Cowen lifted their target price on Kohl's from $13.50 to $16.00 and gave the stock a "hold" rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $16.17.

Insider Buying and Selling

In related news, EVP Jennifer Kent sold 22,942 shares of Kohl'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 approximately $4,689,040. The trade was a 8.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is currently owned by company insiders.

Kohl's Price Performance

Shares of NYSE KSS opened at $18.92 on Friday. The stock has a fifty day simple moving average of $18.33 and a two-hundred day simple moving average of $16.18. Kohl's Corporation has a 1-year low of $11.38 and a 1-year high of $25.22. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 8.26 and a beta of 1.32. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87.

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

Kohl's Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th were issued a dividend of $0.1250 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.50 annualized dividend and a yield of 2.6%. Kohl's's dividend payout ratio is 21.83%.

Kohl's Profile

Kohl's Corporation is an American department store retailer headquartered in Menomonee Falls, Wisconsin. The company operates stores across the United States and sells merchandise through its brick-and-mortar locations and e-commerce platform, Kohls.com.

Kohl's offers a broad selection of apparel, footwear, accessories, beauty products, home goods, toys and other consumer merchandise for women, men and children. Its retail offerings include national brands, private-label merchandise and Sephora beauty products through Sephora shop-in-shop locations and online channels.

The company traces its origins to a department store founded by Maxwell Kohl in Brookfield, Wisconsin, in 1962.

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