Banco Bilbao Vizcaya Argentaria S.A. Purchases 53,518 Shares of Kohl's Corporation $KSS

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Kohl's Corporation by 37% in the 1st quarter, purchasing an additional 53,518 shares, bringing its total ownership to 197,974 shares valued at approximately $1.65 million.
• Kohl's reported a net margin of 0.75% and a revenue of $3.05 billion for the last quarter, surpassing analyst expectations, with an EPS of ($0.13), beating the consensus by $0.09.
• A quarterly dividend of $0.125 per share has been announced, reflecting an annualized dividend yield of 3.6%, with a payout ratio of 45.87%.

Banco Bilbao Vizcaya Argentaria S.A. grew its position in Kohl's Corporation (NYSE:KSS - Free Report) by 37.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 197,974 shares of the company's stock after purchasing an additional 53,518 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned about 0.18% of Kohl's worth $1,649,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. National Bank of Canada FI acquired a new stake in shares of Kohl's in the 1st quarter valued at $25,000. CWM LLC boosted its stake in shares of Kohl's by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company's stock valued at $34,000 after purchasing an additional 1,386 shares in the last quarter. State of Wyoming acquired a new stake in shares of Kohl's in the 4th quarter valued at $35,000. Cheviot Value Management LLC acquired a new stake in shares of Kohl's in the 1st quarter valued at $36,000. Finally, Brooklyn Investment Group boosted its stake in shares of Kohl's by 798.4% in the 1st quarter. Brooklyn Investment Group now owns 5,453 shares of the company's stock valued at $45,000 after purchasing an additional 4,846 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Kohl's Stock Performance

Shares of NYSE:KSS opened at $13.8320 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.14 and a debt-to-equity ratio of 0.95. Kohl's Corporation has a 1-year low of $6.04 and a 1-year high of $21.39. The stock has a market capitalization of $1.55 billion, a P/E ratio of 12.69 and a beta of 1.73. The business has a 50-day moving average price of $10.73 and a two-hundred day moving average price of $9.45.

Kohl's (NYSE:KSS - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.22) by $0.09. Kohl's had a net margin of 0.75% and a return on equity of 4.71%. The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the prior year, the company posted ($0.24) EPS. The company's revenue was down 4.1% compared to the same quarter last year. Kohl's has set its FY 2025 guidance at 0.100-0.600 EPS. Equities analysts predict that Kohl's Corporation will post 1.3 earnings per share for the current year.

Kohl's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.6%. Kohl's's dividend payout ratio is presently 45.87%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KSS. Gordon Haskett upgraded shares of Kohl's from a "reduce" rating to a "hold" rating in a research note on Tuesday, August 12th. Robert W. Baird upped their price target on shares of Kohl's from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Friday, May 30th. Wall Street Zen upgraded shares of Kohl's from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. Telsey Advisory Group reiterated a "market perform" rating and set a $9.00 price target on shares of Kohl's in a research report on Thursday. Finally, The Goldman Sachs Group reiterated a "sell" rating on shares of Kohl's in a research report on Thursday, May 29th. Nine equities research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $9.89.

About Kohl's

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.

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