Kohl's Corporation $KSS Position Boosted by Annex Advisory Services LLC

Annex Advisory Services LLC grew its stake in shares of Kohl's Corporation (NYSE:KSS - Free Report) by 1,016.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 312,630 shares of the company's stock after buying an additional 284,640 shares during the quarter. Annex Advisory Services LLC owned 0.28% of Kohl's worth $5,771,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in shares of Kohl's by 13.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company's stock valued at $81,811,000 after buying an additional 744,539 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Kohl's by 107.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company's stock worth $31,980,000 after purchasing an additional 1,286,710 shares in the last quarter. Hsbc Holdings PLC lifted its position in Kohl's by 1,497.7% during the fourth quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company's stock valued at $23,406,000 after buying an additional 1,070,457 shares during the period. Alyeska Investment Group L.P. purchased a new position in Kohl's during the second quarter valued at $13,487,000. Finally, Empowered Funds LLC boosted its holdings in shares of Kohl's by 23.5% during the 1st quarter. Empowered Funds LLC now owns 666,072 shares of the company's stock valued at $8,592,000 after buying an additional 126,550 shares in the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl's Stock Performance

Shares of KSS opened at $21.56 on Friday. The company has a quick ratio of 0.41, a current ratio of 1.49 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $18.62 and a two-hundred day simple moving average of $16.77. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 9.66 and a beta of 1.32. Kohl's Corporation has a 52 week low of $11.38 and a 52 week high of $25.22.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.58 by $0.70. Kohl's had a net margin of 1.75% and a return on equity of 6.75%. The firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same period last year, the firm earned $0.56 EPS. The company's revenue was down .9% on a year-over-year basis. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. On average, analysts expect that Kohl's Corporation will post 2.10 EPS for the current year.

Kohl's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were paid a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 9th. Kohl's's dividend payout ratio (DPR) is currently 21.83%.

Analysts Set New Price Targets

Several research firms recently weighed in on KSS. Zacks Research upgraded Kohl's from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 26th. BTIG Research reiterated a "neutral" rating on shares of Kohl's in a research note on Friday, September 18th. Robert W. Baird boosted their target price on Kohl's from $19.00 to $20.00 and gave the stock a "neutral" rating in a report on Thursday, August 27th. JPMorgan Chase & Co. increased their target price on Kohl's from $15.00 to $17.00 and gave the stock an "underweight" rating in a research note on Tuesday, August 18th. Finally, Telsey Advisory Group raised their price target on Kohl's from $17.00 to $18.00 and gave the company a "market perform" rating in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, Kohl's has an average rating of "Reduce" and an average target price of $16.17.

Insider Activity

In other Kohl's news, insider Jennifer Kent sold 18,352 shares of the business's stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $22.00, for a total value of $403,744.00. Following the completion of the sale, the insider directly owned 211,512 shares of the company's stock, valued at $4,653,264. The trade was a 7.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 45,882 shares of company stock worth $963,520. 1.55% of the stock is currently owned by company insiders.

About Kohl's

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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