Kohl’s (NYSE:KSS) Upgraded at Gordon Haskett

by · The Markets Daily

Gordon Haskett upgraded shares of Kohl’s (NYSE:KSS – Free Report) from a hold rating to a buy rating in a report issued on Thursday, Marketbeat.com reports. They currently have $27.00 price target on the stock.

A number of other analysts also recently issued reports on KSS. Zacks Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Morgan Stanley reiterated an “underweight” rating and issued a $15.00 price target on shares of Kohl’s in a research note on Monday, July 6th. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a report on Friday, September 18th. Robert W. Baird increased their price objective on shares of Kohl’s from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Finally, Weiss Ratings upgraded Kohl’s from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Kohl’s currently has an average rating of “Reduce” and an average target price of $17.25.

Read Our Latest Stock Analysis on KSS

Kohl’s Trading Down 0.7%

Shares of KSS opened at $24.60 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.49 and a quick ratio of 0.41. Kohl’s has a 1 year low of $11.38 and a 1 year high of $25.22. The company has a 50 day simple moving average of $19.00 and a two-hundred day simple moving average of $17.12. The firm has a market cap of $2.79 billion, a P/E ratio of 10.74 and a beta of 1.32.

Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.70. Kohl’s had a net margin of 1.75% and a return on equity of 6.75%. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter last year, the business posted $0.56 earnings per share. The company’s revenue for the quarter 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, equities analysts expect that Kohl’s will post 2.10 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

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

Insider Buying and Selling at Kohl’s

In related news, EVP Jennifer Kent sold 22,942 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $20.00, for a total value of $458,840.00. Following the completion of the transaction, the executive vice president directly owned 234,452 shares of the company’s stock, valued at approximately $4,689,040. This trade represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 68,822 shares of company stock valued at $1,514,080 over the last ninety days. Company insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Hedge funds have recently bought and sold shares of the business. Empowered Funds LLC grew its stake in shares of Kohl’s by 23.5% in the 1st quarter. Empowered Funds LLC now owns 666,072 shares of the company’s stock worth $8,592,000 after buying an additional 126,550 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Kohl’s by 56.4% in the 1st quarter. Bessemer Group Inc. now owns 209,841 shares of the company’s stock worth $2,706,000 after buying an additional 75,700 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Kohl’s during the 1st quarter valued at about $808,000. Amundi raised its position in shares of Kohl’s by 1,409.3% during the 2nd quarter. Amundi now owns 515,833 shares of the company’s stock valued at $9,141,000 after buying an additional 481,657 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Kohl’s during the 2nd quarter valued at about $13,487,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s News Roundup

Here are the key news stories impacting Kohl’s this week:

  • Positive Sentiment: Gordon Haskett upgraded Kohl’s from “Hold” to “Buy” and set a $27 price target, implying additional upside from recent trading levels. The upgrade reflects a more favorable view of the retailer’s outlook. Gordon Haskett upgrade
  • Positive Sentiment: Holiday-season optimism drove a roughly 12% rally in Kohl’s stock, indicating investors are becoming more hopeful about seasonal sales and the company’s ability to benefit from consumer spending. Kohl’s holiday season optimism
  • Positive Sentiment: Kohl’s is being highlighted as a value stock with an attractive enterprise-value-to-EBITDA ratio and a favorable earnings outlook, potentially appealing to investors seeking inexpensive retail exposure. Value stocks article
  • Neutral Sentiment: The stock’s recent rally occurred on higher-than-average volume, but Zacks noted that current earnings-estimate revision trends may not support continued near-term gains. Kohl’s stock rally analysis
  • Negative Sentiment: Insider Jennifer Kent sold 22,940 shares worth approximately $550,560, reducing her position by 10.85%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which makes it a less significant bearish signal than an unplanned sale. SEC insider transaction filing

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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