Vontobel Holding Ltd. Has $664,000 Stock Position in Kohl's Corporation $KSS

Key Points

• Vontobel Holding Ltd. reduced its stake in Kohl's Corporation by 23.9%, owning 78,263 shares valued at approximately $664,000 following the sale of 24,542 shares.
• Kohl's stock price opened at $15.52 and has shown an 11.0% increase, with a **market cap** of $1.74 billion and a PE ratio of 8.39.
• The company reported a $0.56 EPS for the last quarter, surpassing expectations, while its revenue decreased by 5.0% year-over-year.

Vontobel Holding Ltd. cut its stake in Kohl's Corporation (NYSE:KSS - Free Report) by 23.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,263 shares of the company's stock after selling 24,542 shares during the period. Vontobel Holding Ltd. owned approximately 0.07% of Kohl's worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Kohl's by 5.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,667 shares of the company's stock worth $201,000 after buying an additional 1,106 shares during the last quarter. CWM LLC raised its holdings in Kohl's by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company's stock valued at $34,000 after acquiring an additional 1,386 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Kohl's by 14.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,762 shares of the company's stock valued at $121,000 after acquiring an additional 1,849 shares during the period. Smartleaf Asset Management LLC raised its holdings in Kohl's by 161.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company's stock valued at $26,000 after acquiring an additional 1,887 shares during the period. Finally, SummerHaven Investment Management LLC grew its position in shares of Kohl's by 5.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 36,982 shares of the company's stock worth $314,000 after purchasing an additional 1,971 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl's Stock Up 11.0%

Kohl's stock opened at $15.52 on Tuesday. The stock has a market cap of $1.74 billion, a PE ratio of 8.39 and a beta of 1.71. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. Kohl's Corporation has a fifty-two week low of $6.04 and a fifty-two week high of $21.39. The firm's 50-day simple moving average is $15.12 and its 200 day simple moving average is $10.78.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 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 analyst estimates of $3.37 billion. Kohl's had a net margin of 1.31% and a return on equity of 4.62%. The company's revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 earnings per share. Kohl's has set its FY 2025 guidance at 0.500-0.800 EPS. Research analysts predict that Kohl's Corporation will post 1.3 EPS for the current fiscal year.

Kohl's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given 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 payout ratio is 27.03%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KSS. The Goldman Sachs Group increased their target price on shares of Kohl's from $7.00 to $11.00 and gave the stock a "sell" rating in a research report on Thursday, August 28th. Cowen restated a "hold" rating on shares of Kohl's in a research report on Thursday, August 28th. Evercore ISI raised their price target on shares of Kohl's from $8.00 to $13.00 and gave the company an "in-line" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. lifted their target price on shares of Kohl's from $10.00 to $11.00 and gave the stock an "underweight" rating in a research note on Thursday, August 28th. Finally, Telsey Advisory Group lifted their target price on shares of Kohl's from $9.00 to $16.00 and gave the stock a "market perform" rating in a research note on Wednesday, August 27th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $12.75.

Kohl's Company Profile

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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