189,335 Shares in Kohl's Corporation $KSS Acquired by Nuveen LLC

Key Points

• Nuveen LLC acquired 189,335 shares of Kohl's Corporation, which is valued at approximately $1.5 million, marking its first investment in the company.
• Kohl's reported a **quarterly EPS of $0.56**, exceeding the expected $0.33, but its revenue of $3.35 billion fell short of the forecasted $3.37 billion.
• The company announced a **quarterly dividend** of $0.125, which translates to an annual yield of **3.3%** and a payout ratio of 27.03%.

Nuveen LLC bought a new position in shares of Kohl's Corporation (NYSE:KSS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 189,335 shares of the company's stock, valued at approximately $1,549,000. Nuveen LLC owned approximately 0.17% of Kohl's as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Invesco Ltd. grew its holdings in shares of Kohl's by 29.7% during the 1st quarter. Invesco Ltd. now owns 2,973,512 shares of the company's stock worth $24,323,000 after purchasing an additional 680,766 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Kohl's by 4.0% during the 4th quarter. Two Sigma Investments LP now owns 2,255,480 shares of the company's stock worth $31,667,000 after purchasing an additional 87,235 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of Kohl's by 6.0% during the 4th quarter. Two Sigma Advisers LP now owns 2,222,100 shares of the company's stock worth $31,198,000 after purchasing an additional 126,600 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Kohl's by 4.9% during the 4th quarter. Millennium Management LLC now owns 2,037,267 shares of the company's stock worth $28,603,000 after purchasing an additional 94,697 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Kohl's by 11.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,968,634 shares of the company's stock worth $16,103,000 after purchasing an additional 197,088 shares in the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Barclays increased their target price on Kohl's from $5.00 to $8.00 and gave the stock an "underweight" rating in a report on Thursday, August 28th. Cowen restated a "hold" rating on shares of Kohl's in a research report on Thursday, August 28th. Gordon Haskett upgraded Kohl's from a "hold" rating to an "accumulate" rating in a research report on Wednesday, August 27th. JPMorgan Chase & Co. upped their price objective on Kohl's from $10.00 to $11.00 and gave the stock an "underweight" rating in a research report on Thursday, August 28th. Finally, Telsey Advisory Group upped their price objective on Kohl's from $9.00 to $16.00 and gave the stock a "market perform" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $12.46.

Kohl's Trading Up 3.5%

Shares of KSS traded up $0.55 during mid-day trading on Thursday, reaching $16.40. 4,462,990 shares of the company were exchanged, compared to its average volume of 8,940,447. Kohl's Corporation has a 52 week low of $6.04 and a 52 week high of $21.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. The stock has a market capitalization of $1.84 billion, a PE ratio of 8.87 and a beta of 1.74. The business has a 50 day simple moving average of $11.97 and a two-hundred day simple moving average of $9.65.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.23. Kohl's had a return on equity of 4.62% and a net margin of 1.31%.The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the company earned $0.59 earnings per share. The firm's revenue was down 5.0% compared to the same quarter last year. Kohl's has set its FY 2025 guidance at 0.500-0.800 EPS. On average, analysts predict that Kohl's Corporation will post 1.3 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 3.0%. Kohl's's dividend payout ratio (DPR) is currently 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.