International Assets Investment Management LLC Acquires Shares of 260,600 Kohl's Corporation $KSS

Key Points

• International Assets Investment Management LLC acquired 260,600 shares of Kohl's Corporation, valued at approximately $2.21 million, representing about 0.23% of the company's stock.
• Kohl's recently declared a quarterly dividend of $0.125 per share, with a 3.2% dividend yield and a payout ratio of 27.03%.
• Analysts have mixed ratings on Kohl's stock, with one buy, eleven holds, and six sell ratings, and a consensus target price of $12.75.

International Assets Investment Management LLC acquired a new stake in shares of Kohl's Corporation (NYSE:KSS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 260,600 shares of the company's stock, valued at approximately $2,210,000. International Assets Investment Management LLC owned approximately 0.23% of Kohl's as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of KSS. Yousif Capital Management LLC grew its stake in Kohl's by 3.5% during the 1st quarter. Yousif Capital Management LLC now owns 59,319 shares of the company's stock valued at $485,000 after purchasing an additional 2,012 shares in the last quarter. GAMMA Investing LLC grew its stake in Kohl's by 360.2% during the 1st quarter. GAMMA Investing LLC now owns 6,456 shares of the company's stock valued at $53,000 after purchasing an additional 5,053 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Kohl's by 15.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,561 shares of the company's stock valued at $168,000 after purchasing an additional 2,759 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Kohl's by 14.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,762 shares of the company's stock valued at $121,000 after purchasing an additional 1,849 shares in the last quarter. Finally, Wealth Effects LLC acquired a new stake in Kohl's during the 1st quarter valued at approximately $123,000. Institutional investors and hedge funds own 98.04% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on KSS shares. Wall Street Zen upgraded Kohl's from a "sell" rating to a "hold" rating in a research report on Monday, September 1st. UBS Group lifted their target price on Kohl's from $4.00 to $4.50 and gave the stock a "sell" rating in a research report on Thursday, August 28th. Cowen reiterated a "hold" rating on shares of Kohl's in a research report on Thursday, August 28th. Barclays lifted their target price on Kohl's from $5.00 to $8.00 and gave the stock an "underweight" rating in a research report on Thursday, August 28th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Kohl's in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $12.75.

Kohl's Trading Down 2.1%

Shares of NYSE KSS opened at $15.44 on Friday. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 8.35 and a beta of 1.71. Kohl's Corporation has a 12-month low of $6.04 and a 12-month high of $21.39. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 1.00. The stock's 50 day simple moving average is $15.45 and its 200 day simple moving average is $10.96.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.23. The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.37 billion. Kohl's had a return on equity of 4.62% and a net margin of 1.31%.The business's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. Kohl's has set its FY 2025 guidance at 0.500-0.800 EPS. Equities research analysts expect that Kohl's Corporation will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.2%. Kohl's's dividend payout ratio (DPR) is 27.03%.

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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