First Trust Advisors LP Has $3.10 Million Stock Position in Kohl's Corporation $KSS

Key Points

• First Trust Advisors LP cut its Kohl’s stake by 88.1% in the first quarter, selling 1.79 million shares and retaining 240,602 shares valued at approximately $3.1 million. Institutional investors collectively own 98.04% of Kohl’s stock.
• Analyst sentiment remains cautious: Kohl’s has an average “Reduce” rating, with one Buy, eight Hold and seven Sell ratings, and an average price target of $15.31.
• Kohl’s reported quarterly revenue of $3.17 billion and an adjusted loss of $0.13 per share, beating consensus estimates, while maintaining a quarterly dividend of $0.125 per share, or a 2.7% annualized yield.

First Trust Advisors LP lowered its holdings in shares of Kohl's Corporation (NYSE:KSS - Free Report) by 88.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 240,602 shares of the company's stock after selling 1,787,614 shares during the quarter. First Trust Advisors LP owned about 0.21% of Kohl's worth $3,104,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc increased its position in Kohl's by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company's stock worth $31,000 after buying an additional 1,851 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Kohl's by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company's stock worth $34,000 after buying an additional 1,167 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Kohl's during the 3rd quarter worth about $39,000. Plato Investment Management Ltd acquired a new position in shares of Kohl's during the 4th quarter valued at about $42,000. Finally, Hantz Financial Services Inc. increased its holdings in shares of Kohl's by 164.7% during the 4th 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 last quarter. Institutional investors and hedge funds own 98.04% of the company's stock.

Insider Transactions at Kohl's

In related news, EVP Jennifer J. Kent sold 22,942 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total transaction 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.55% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on KSS shares. UBS Group boosted their target price on Kohl's from $8.00 to $9.00 and gave the stock a "sell" rating in a report on Friday, May 29th. Morgan Stanley reissued an "underweight" rating and issued a $15.00 price target on shares of Kohl's in a research report on Monday, July 6th. Zacks Research cut shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 15th. Weiss Ratings downgraded shares of Kohl's from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, June 5th. Finally, Wall Street Zen lowered shares of Kohl's from a "buy" rating to a "hold" rating in a research note on Sunday, June 7th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $15.31.

Kohl's Price Performance

NYSE KSS opened at $18.47 on Friday. The stock has a 50-day simple moving average of $17.54 and a 200 day simple moving average of $15.94. Kohl's Corporation has a twelve month low of $10.85 and a twelve month high of $25.22. The stock has a market capitalization of $2.09 billion, a PE ratio of 7.83 and a beta of 1.40. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48.

Kohl's (NYSE:KSS - Get Free Report) last released its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.05. The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $2.99 billion. Kohl's had a return on equity of 4.67% and a net margin of 1.76%.The company's revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.13) EPS. Kohl's has set its FY 2026 guidance at 1.000-1.600 EPS. Research analysts anticipate that Kohl's Corporation will post 1.36 EPS for the current year.

Kohl's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were paid a $0.125 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.7%. Kohl's's dividend payout ratio (DPR) is presently 21.19%.

Kohl's Profile

Kohl's Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl's has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer's merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.

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