Kohl’s (NYSE:KSS) Insider Jennifer Kent Sells 22,940 Shares of Company Stock

by · The Markets Daily

Kohl’s Corporation (NYSE:KSS – Get Free Report) insider Jennifer Kent sold 22,940 shares of Kohl’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $24.00, for a total transaction of $550,560.00. Following the completion of the transaction, the insider directly owned 188,572 shares of the company’s stock, valued at $4,525,728. This trade represents a 10.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kohl’s Stock Performance

NYSE KSS traded down $0.21 during trading hours on Friday, reaching $24.57. The company’s stock had a trading volume of 2,402,835 shares, compared to its average volume of 4,545,313. The company has a current ratio of 1.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $18.89 and a 200 day simple moving average of $17.07. Kohl’s Corporation has a 52 week low of $11.38 and a 52 week high of $25.22. The stock has a market cap of $2.79 billion, a PE ratio of 10.71 and a beta of 1.32.

Kohl’s (NYSE:KSS – Get Free Report) last posted its earnings results on Wednesday, August 26th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.58 by $0.70. The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.32 billion. Kohl’s had a return on equity of 6.75% and a net margin of 1.75%. The business’s revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.56 earnings per share. Kohl’s has set its FY 2026 guidance at 1.800-2.400 EPS. Equities research analysts predict that Kohl’s Corporation will post 2.10 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were paid a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Wednesday, September 9th. Kohl’s’s dividend payout ratio is presently 21.83%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on KSS shares. BTIG Research reiterated a “neutral” rating on shares of Kohl’s in a research note on Friday, September 18th. JPMorgan Chase & Co. upped their price target on shares of Kohl’s from $15.00 to $17.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 18th. Robert W. Baird increased their price objective on shares of Kohl’s from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Morgan Stanley reaffirmed an “underweight” rating and issued a $15.00 price objective on shares of Kohl’s in a report on Monday, July 6th. Finally, Telsey Advisory Group lifted their price objective on shares of Kohl’s from $17.00 to $18.00 and gave the company a “market perform” rating in a research report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $17.25.

Check Out Our Latest Report on Kohl’s

Institutional Trading of Kohl’s

Large investors have recently added to or reduced their stakes in the business. Sterling Capital Management LLC raised its stake in Kohl’s by 6.3% during the 3rd quarter. Sterling Capital Management LLC now owns 23,488 shares of the company’s stock valued at $434,000 after acquiring an additional 1,402 shares in the last quarter. Annex Advisory Services LLC grew its stake in shares of Kohl’s by 1,016.9% in the third quarter. Annex Advisory Services LLC now owns 312,630 shares of the company’s stock worth $5,771,000 after purchasing an additional 284,640 shares in the last quarter. Dupree Financial Group LLC bought a new position in shares of Kohl’s in the third quarter worth $1,953,000. GAMMA Investing LLC grew its stake in shares of Kohl’s by 3.0% in the third quarter. GAMMA Investing LLC now owns 47,867 shares of the company’s stock worth $884,000 after purchasing an additional 1,401 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Kohl’s during the second quarter valued at $33,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Kohl’s Company Profile

(Get Free Report)

Kohl’s Corporation (NYSE: KSS) is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl’s is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.

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