Key Points
- CFO Jill Timm sold 10,000 Kohl's shares on Dec. 10 at an average price of $24.00 for $240,000, trimming her stake to 325,561 shares (a 2.98% reduction); she also sold 25,000 shares on Dec. 4 at $22.75.
- Kohl's beat expectations for the quarter with $0.10 EPS vs. a ($0.19) estimate and $3.58B revenue vs. $3.37B consensus, and set FY2025 guidance of $1.25–$1.45 EPS (analysts expect ~1.3).
- Dividend announced: a quarterly payout of $0.125 per share (annualized $0.50, ~2.1% yield) payable Dec. 24 with record/ex-dividend date on Dec. 10.
Kohl's Corporation (NYSE:KSS - Get Free Report) CFO Jill Timm sold 10,000 shares of the firm's stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the sale, the chief financial officer owned 325,561 shares of the company's stock, valued at $7,813,464. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Jill Timm also recently made the following trade(s):
- On Thursday, December 4th, Jill Timm sold 25,000 shares of Kohl's stock. The stock was sold at an average price of $22.75, for a total transaction of $568,750.00.
Kohl's Stock Up 1.1%
Shares of NYSE KSS opened at $23.88 on Friday. Kohl's Corporation has a 1 year low of $6.04 and a 1 year high of $25.22. The firm has a 50-day simple moving average of $18.13 and a two-hundred day simple moving average of $14.13. The company has a market cap of $2.68 billion, a P/E ratio of 13.88 and a beta of 1.45. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12.
Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.29. Kohl's had a return on equity of 4.30% and a net margin of 1.23%.The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the business posted $0.20 earnings per share. The company's revenue for the quarter was down 3.6% on a year-over-year basis. Kohl's has set its FY 2025 guidance at 1.250-1.450 EPS. Research analysts anticipate that Kohl's Corporation will post 1.3 earnings per share for the current year.
Kohl's Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, December 10th. Kohl's's dividend payout ratio (DPR) is 29.07%.
Institutional Investors Weigh In On Kohl's
Several large investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of Kohl's by 3,123.1% during the third quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company's stock valued at $30,912,000 after purchasing an additional 1,948,783 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in Kohl's in the first quarter worth approximately $11,650,000. Hancock Whitney Corp purchased a new stake in Kohl's during the third quarter worth $17,125,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Kohl's during the 1st quarter valued at $7,818,000. Finally, AQR Capital Management LLC boosted its position in Kohl's by 88.1% during the 1st quarter. AQR Capital Management LLC now owns 1,774,244 shares of the company's stock valued at $14,513,000 after acquiring an additional 831,055 shares in the last quarter. Institutional investors own 98.04% of the company's stock.
Analysts Set New Price Targets
KSS has been the topic of a number of research analyst reports. Telsey Advisory Group restated a "market perform" rating and issued a $23.00 price target (up from $16.00) on shares of Kohl's in a report on Tuesday, November 25th. Citigroup upped their target price on shares of Kohl's from $19.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 26th. Gordon Haskett raised shares of Kohl's from an "accumulate" rating to a "buy" rating in a research report on Tuesday, November 25th. Wall Street Zen raised shares of Kohl's from a "hold" rating to a "buy" rating in a research note on Friday, November 28th. Finally, Robert W. Baird increased their price objective on Kohl's from $17.00 to $22.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 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 six have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus target price of $15.55.
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Kohl's Company Profile
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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.
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