Kohl's (NYSE:KSS) Insider Sells $100,936.00 in Stock

Key Points

• Kohl’s insider Jennifer Kent sold 4,588 shares at $22 each for total proceeds of $100,936 under a pre-arranged Rule 10b5-1 trading plan. She retains 229,864 shares, worth approximately $5.06 million.
• Kohl’s shares rose 6.2% to $22.46, while the company’s latest quarterly results exceeded expectations with $1.28 in earnings per share and $3.52 billion in revenue.
• Analyst sentiment remains cautious: the stock has a consensus “Reduce” rating and an average price target of $16.17, despite a quarterly dividend yielding about 2.2% and institutional ownership of 98.04%.

Kohl's Corporation (NYSE:KSS - Get Free Report) insider Jennifer Kent sold 4,588 shares of the firm's stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $22.00, for a total transaction of $100,936.00. Following the completion of the transaction, the insider directly owned 229,864 shares in the company, valued at $5,057,008. This represents a 1.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl's Trading Up 6.2%

Kohl's stock traded up $1.31 during trading hours on Thursday, hitting $22.46. The company had a trading volume of 2,486,869 shares, compared to its average volume of 4,537,389. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The firm has a market cap of $2.55 billion, a P/E ratio of 9.81 and a beta of 1.32. The company has a 50-day moving average price of $18.50 and a two-hundred day moving average price of $16.66. Kohl's Corporation has a 1 year low of $11.38 and a 1 year high of $25.22.

Kohl's (NYSE:KSS - Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.70. Kohl's had a net margin of 1.75% and a return on equity of 6.75%. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period last year, the company posted $0.56 earnings per share. The company's quarterly revenue was down .9% compared to the same quarter last year. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. On average, sell-side analysts anticipate that Kohl's Corporation will post 2.10 earnings per share for the current year.

Kohl's Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were paid a $0.1250 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.50 annualized dividend and a yield of 2.2%. Kohl's's dividend payout ratio is 21.83%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Robert W. Baird lifted their target price on Kohl's from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, August 27th. BTIG Research reissued a "neutral" rating on shares of Kohl's in a research report on Friday, September 18th. JPMorgan Chase & Co. increased their price target on Kohl's from $15.00 to $17.00 and gave the stock an "underweight" rating in a research report on Tuesday, August 18th. Weiss Ratings upgraded Kohl's from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, September 25th. Finally, Zacks Research upgraded Kohl's from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of $16.17.

Hedge Funds Weigh In On Kohl's

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new position in Kohl's during the second quarter valued at approximately $33,000. Pinnacle Holdings LLC purchased a new stake in Kohl's during the second quarter worth $47,000. Caitong International Asset Management Co. Ltd purchased a new stake in Kohl's during the fourth quarter worth $55,000. Rockefeller Capital Management L.P. lifted its holdings in Kohl's by 114.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company's stock worth $63,000 after buying an additional 1,647 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new stake in Kohl's during the 1st quarter valued at $169,000. 98.04% of the stock is currently owned by institutional investors.

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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