Kohl's Corporation $KSS Shares Bought by Amundi

Key Points

• Amundi increased its Kohl’s stake by 1,409.3% in the second quarter, holding 515,833 shares worth approximately $9.1 million. Institutional investors and hedge funds collectively own 98.04% of the company.
• Analyst sentiment remains cautious, with Kohl’s carrying an average “Reduce” rating and a consensus price target of $16.17. Ratings range from Strong Buy to Sell, including recent upgrades from Citigroup and downgrades from Wall Street Zen.
• Kohl’s reported quarterly adjusted earnings of $1.28 per share, beating estimates of $0.58, while revenue reached $3.52 billion. The company also announced a quarterly dividend of $0.125 per share, representing a 2.9% annualized yield.

Amundi boosted its holdings in shares of Kohl's Corporation (NYSE:KSS - Free Report) by 1,409.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 515,833 shares of the company's stock after buying an additional 481,657 shares during the quarter. Amundi owned 0.45% of Kohl's worth $9,141,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of KSS. IFP Advisors Inc grew its position in Kohl's by 3,777.6% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company's stock worth $31,000 after purchasing an additional 1,851 shares during the period. iSAM Funds UK Ltd acquired a new position in shares of Kohl's in the 3rd quarter valued at about $39,000. Hantz Financial Services Inc. lifted its holdings in shares of Kohl's by 164.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company's stock valued at $43,000 after buying an additional 1,308 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Kohl's in the fourth quarter worth about $45,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Kohl's in the fourth quarter worth about $46,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on KSS. JPMorgan Chase & Co. raised their target price on Kohl's from $15.00 to $17.00 and gave the stock an "underweight" rating in a report on Tuesday, August 18th. Wall Street Zen lowered Kohl's from a "buy" rating to a "hold" rating in a research report on Sunday, June 7th. Morgan Stanley reaffirmed an "underweight" rating and set a $15.00 price objective on shares of Kohl's in a research note on Monday, July 6th. Robert W. Baird lifted their target price on shares of Kohl's from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Thursday, August 27th. Finally, Citigroup upgraded shares of Kohl's from a "neutral" rating to a "buy" rating and boosted their target price for the company from $14.00 to $22.00 in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $16.17.

Insider Activity at Kohl's

In other news, EVP Jennifer Kent sold 22,942 shares of Kohl's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $20.00, for a total value of $458,840.00. Following the sale, the executive vice president directly owned 234,452 shares of the company's stock, valued at $4,689,040. The trade was a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.55% of the stock is owned by insiders.

Kohl's Stock Up 3.0%

Shares of KSS opened at $17.29 on Friday. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87. Kohl's Corporation has a 12 month low of $11.38 and a 12 month high of $25.22. The stock's 50 day moving average is $18.24 and its two-hundred day moving average is $15.99. The firm has a market cap of $1.96 billion, a P/E ratio of 7.55 and a beta of 1.37.

Kohl's (NYSE:KSS - Get Free Report) last announced its earnings results on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.70. Kohl's had a return on equity of 6.75% and a net margin of 1.75%.The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the company posted $0.56 EPS. The business's quarterly revenue was down .9% on a year-over-year basis. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. Analysts predict that Kohl's Corporation will post 2.09 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be issued 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 dividend yield of 2.9%. Kohl's's dividend payout ratio is presently 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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