SCHEDULE 13G/A: BlackRock Discloses 12.0% Passive Stake in Kohl's Corp

BlackRock, Inc. has filed an amended Schedule 13G, reporting a 12.0% beneficial ownership stake in Kohl's Corp common stock as of March 31, 2025.

Summary

• BlackRock, Inc. has filed an Amendment No. 3 to Schedule 13G, disclosing its beneficial ownership in Kohl's Corp.
• As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 13,409,580 shares of Kohl's Corp common stock.
• This ownership represents 12.0% of the total outstanding common stock of Kohl's Corp.
• BlackRock holds sole voting power over 13,054,638 shares and sole dispositive power over 13,409,580 shares.
• No shared voting or dispositive power is reported.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Kohl's Corp.
• iShares Core S&P Small-Cap ETF, a BlackRock affiliate, is noted as having an interest of more than five percent of the total outstanding common stock of Kohl's Corp.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment as it does not contain performance data, forward-looking statements, or strategic announcements from the issuer.

Future Outlook

NA

Industry Context

This Schedule 13G filing is a routine disclosure by a large institutional investor, BlackRock, indicating its passive ownership stake in Kohl's Corp. Such filings are common for asset managers that hold significant positions in publicly traded companies for their clients or funds. It reflects BlackRock's role as a major passive investor in the retail sector, holding shares as part of diversified portfolios or index-tracking funds.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a large, passive investment by BlackRock.
• Management: Informs management of a substantial, but passive, ownership interest by a major asset manager.

Key Dates

Keywords

BlackRock, Kohl's Corp, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Retail, Investment Management, Passive Investment