SCHEDULE 13G/A: T. Rowe Price Associates Discloses 4.4% Passive Stake in Kohl's Corp
Beneficial Ownership Report
T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.4% of Kohl's Corp common stock as of December 31, 2024.
Summary
- T. Rowe Price Associates, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Kohl's Corp.
- As of December 31, 2024, T. Rowe Price Associates, Inc. beneficially owned an aggregate of 4,914,262 shares of Kohl's Corp common stock.
- This ownership represents 4.4% of the class of Kohl's Corp's common stock.
- T. Rowe Price Associates, Inc. holds sole voting power over 4,863,362 shares and sole dispositive power over 4,914,262 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Kohl's Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership and does not contain information that inherently indicates a positive or negative sentiment about the company's performance or prospects. It is a factual disclosure.
Positives
- The filing indicates continued investment by a major institutional asset manager, T. Rowe Price Associates, Inc., in Kohl's Corp.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Kohl's Corp's future outlook.
Industry Context
This filing indicates a passive investment by a large asset manager, T. Rowe Price Associates, Inc., in Kohl's Corp, a major retailer. Such disclosures are routine for institutional investors holding significant, but non-controlling, stakes in publicly traded companies.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming T. Rowe Price Associates, Inc. as a substantial, passive investor in Kohl's Corp.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership snapshot) |
| 02/14/2025 | Date of filing/signature of the Schedule 13G Amendment No. 2 |
Keywords
Kohl's Corp, KSS, T. Rowe Price Associates Inc., TRPA, Schedule 13G, beneficial ownership, common stock, retail, investment management
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.