Insider Selling: Kohl’s (NYSE:KSS) EVP Sells 1,583 Shares of Stock
by Tristan Rich · The Markets DailyKohl’s Corporation (NYSE:KSS – Get Free Report) EVP Mari Steinmetz sold 1,583 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $12.81, for a total value of $20,278.23. Following the transaction, the executive vice president owned 218,750 shares of the company’s stock, valued at approximately $2,802,187.50. The trade was a 0.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Kohl’s Price Performance
Shares of KSS stock traded down $0.42 during trading hours on Friday, hitting $12.44. The stock had a trading volume of 10,063,320 shares, compared to its average volume of 6,224,150. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.37. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 5.27 and a beta of 1.42. Kohl’s Corporation has a one year low of $6.04 and a one year high of $25.22. The stock’s 50-day moving average price is $17.01 and its two-hundred day moving average price is $17.97.
Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter last year, the business posted $0.95 EPS. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities analysts forecast that Kohl’s Corporation will post 1.3 EPS for the current year.
Kohl’s Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, March 18th. Kohl’s’s payout ratio is currently 21.19%.
Hedge Funds Weigh In On Kohl’s
Several institutional investors and hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC boosted its position in shares of Kohl’s by 1,497.7% in the 4th quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company’s stock worth $23,406,000 after purchasing an additional 1,070,457 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in Kohl’s by 114.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,080 shares of the company’s stock valued at $63,000 after buying an additional 1,647 shares during the last quarter. Corient Private Wealth LLC raised its stake in Kohl’s by 93.7% in the fourth quarter. Corient Private Wealth LLC now owns 22,767 shares of the company’s stock valued at $465,000 after buying an additional 11,011 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Kohl’s during the fourth quarter worth about $55,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Kohl’s during the fourth quarter worth about $411,000. 98.04% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on KSS. JPMorgan Chase & Co. lowered their price objective on Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. Zacks Research downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. The Goldman Sachs Group reduced their price target on shares of Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research note on Thursday, January 22nd. Finally, TD Cowen reduced their price objective on shares of Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $14.83.
Check Out Our Latest Report on Kohl’s
About Kohl’s
Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.
The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.