Kohl's (NYSE:KSS) Posts Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Key Points

• Kohl's reported a quarterly EPS of $0.56, surpassing expectations of $0.33, indicating strong financial performance for the quarter.
• The company announced a quarterly dividend of $0.125, yielding approximately 3.8%, with a dividend payout ratio of 45.87%.
• Institutional investors now hold 98.04% of Kohl's stock, showcasing strong interest from large financial entities.

Kohl's (NYSE:KSS - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.23, Zacks reports. The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.37 billion. Kohl's had a return on equity of 4.62% and a net margin of 1.31%.The business's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. Kohl's updated its FY 2025 guidance to 0.500-0.800 EPS.

Kohl's Trading Down 1.7%

Shares of Kohl's stock traded down $0.26 on Friday, reaching $15.11. 5,698,869 shares of the company were exchanged, compared to its average volume of 9,255,103. The stock has a fifty day moving average price of $11.35 and a 200-day moving average price of $9.52. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 8.17 and a beta of 1.73. The company has a current ratio of 1.36, a quick ratio of 0.14 and a debt-to-equity ratio of 1.00. Kohl's has a fifty-two week low of $6.04 and a fifty-two week high of $21.39.

Kohl's Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.3%. Kohl's's payout ratio is 27.03%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. First Trust Advisors LP grew its stake in Kohl's by 11.5% in the second quarter. First Trust Advisors LP now owns 2,380,359 shares of the company's stock valued at $20,185,000 after purchasing an additional 244,761 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Kohl's by 14.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 489,708 shares of the company's stock valued at $4,006,000 after purchasing an additional 60,769 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Kohl's by 149.0% in the second quarter. BNP Paribas Financial Markets now owns 421,568 shares of the company's stock valued at $3,575,000 after purchasing an additional 252,256 shares in the last quarter. Public Sector Pension Investment Board grew its stake in Kohl's by 7.4% in the second quarter. Public Sector Pension Investment Board now owns 379,034 shares of the company's stock valued at $3,214,000 after purchasing an additional 26,056 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Kohl's by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 322,534 shares of the company's stock valued at $2,735,000 after purchasing an additional 30,883 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Gordon Haskett upgraded Kohl's from a "hold" rating to an "accumulate" rating in a research report on Wednesday. The Goldman Sachs Group raised their target price on Kohl's from $7.00 to $11.00 and gave the company a "sell" rating in a research report on Thursday. Citigroup raised their target price on Kohl's from $8.00 to $16.00 and gave the company a "neutral" rating in a research report on Thursday. Cowen restated a "hold" rating on shares of Kohl's in a research report on Thursday. Finally, Barclays raised their target price on Kohl's from $5.00 to $8.00 and gave the company an "underweight" rating in a research report on Thursday. One 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's stock. Based on data from MarketBeat.com, Kohl's presently has a consensus rating of "Reduce" and an average price target of $12.46.

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.