Engineers Gate Manager LP Trims Stock Holdings in Kohl's Corporation $KSS

Key Points

• Engineers Gate Manager LP cut its Kohl’s stake by 65.8% in the second quarter, selling 410,660 shares and retaining 213,652 shares valued at approximately $3.8 million.
• Institutional ownership remains high at 98.04%, with several investors—including Amundi and California State Teachers Retirement System—substantially increasing their positions during the quarter.
• Kohl’s reported quarterly EPS of $1.28, well above the $0.58 consensus estimate, while revenue reached $3.52 billion. Analysts maintain a consensus “Reduce” rating with a $16.17 price target, and the company declared a quarterly dividend of $0.125 per share.

Engineers Gate Manager LP lowered its stake in Kohl's Corporation (NYSE:KSS - Free Report) by 65.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 213,652 shares of the company's stock after selling 410,660 shares during the quarter. Engineers Gate Manager LP owned about 0.19% of Kohl's worth $3,786,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in Kohl's in the 2nd quarter worth approximately $33,000. Amundi raised its stake in Kohl's by 1,409.3% during the 2nd quarter. Amundi now owns 515,833 shares of the company's stock worth $9,141,000 after acquiring an additional 481,657 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Kohl's during the second quarter valued at approximately $1,325,000. California State Teachers Retirement System lifted its holdings in Kohl's by 1,591.8% during the second quarter. California State Teachers Retirement System now owns 2,232,773 shares of the company's stock valued at $39,565,000 after purchasing an additional 2,100,798 shares in the last quarter. Finally, AXQ Capital LP bought a new position in shares of Kohl's in the second quarter worth approximately $452,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kohl's

In other news, EVP Jennifer Kent sold 22,942 shares of the business's stock in a transaction dated 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 transaction, the executive vice president owned 234,452 shares of the company's stock, valued at $4,689,040. The trade was a 8.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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

A number of brokerages recently weighed in on KSS. Wall Street Zen lowered shares of Kohl's from a "buy" rating to a "hold" rating in a research report on Sunday, June 7th. Robert W. Baird upped their target price 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. Citigroup raised shares of Kohl's from a "neutral" rating to a "buy" rating and increased their price target for the company from $14.00 to $22.00 in a report on Monday, June 1st. 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. Finally, TD Cowen boosted their price objective 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 analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $16.17.

Kohl's Stock Up 3.0%

Kohl's stock opened at $17.29 on Friday. Kohl's Corporation has a 1-year low of $11.38 and a 1-year high of $25.22. The business has a fifty day moving average price of $18.24 and a 200-day moving average price of $15.99. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 7.55 and a beta of 1.37.

Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.70. The company had revenue of $3.52 billion during 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 firm's revenue was down .9% compared to the same quarter last year. During the same period last year, the business posted $0.56 earnings per share. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. Equities research analysts forecast that Kohl's Corporation will post 2.09 EPS for the current fiscal year.

Kohl's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend 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 currently 21.83%.

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.

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