Shares of Kontoor Brands, Inc. (NYSE:KTB – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $96.56.
Several research analysts have recently commented on KTB shares. BTIG Research reissued a “buy” rating and issued a $105.00 price objective on shares of Kontoor Brands in a research note on Tuesday, September 15th. Needham & Company LLC assumed coverage on shares of Kontoor Brands in a report on Friday, October 16th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. lifted their price target on shares of Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Wells Fargo & Company lifted their price target on shares of Kontoor Brands from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Finally, Weiss Ratings cut shares of Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 2nd.
View Our Latest Stock Analysis on KTB
Kontoor Brands Stock Performance
Shares of Kontoor Brands stock opened at $76.03 on Friday. The firm has a market cap of $4.16 billion, a PE ratio of 15.87 and a beta of 0.87. The company has a quick ratio of 0.99, a current ratio of 1.83 and a debt-to-equity ratio of 1.82. Kontoor Brands has a 52 week low of $56.19 and a 52 week high of $88.96. The business’s fifty day simple moving average is $71.10 and its 200-day simple moving average is $74.97.
Kontoor Brands (NYSE:KTB – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. Kontoor Brands had a return on equity of 59.71% and a net margin of 8.21%. The company had revenue of $584.29 million for the quarter, compared to analyst estimates of $586.95 million. During the same quarter in the previous year, the company earned $1.33 earnings per share. The firm’s quarterly revenue was down 11.2% compared to the same quarter last year. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. Equities analysts forecast that Kontoor Brands will post 5.27 earnings per share for the current year.
Kontoor Brands Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Tuesday, December 8th will be issued a dividend of $0.54 per share. This is an increase from Kontoor Brands’s previous quarterly dividend of $0.53. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, December 8th. Kontoor Brands’s dividend payout ratio is 44.26%.
Insider Activity
In related news, EVP Thomas L. Doerr, Jr. sold 7,660 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $83.43, for a total transaction of $639,073.80. Following the completion of the sale, the executive vice president directly owned 25,063 shares of the company’s stock, valued at $2,091,006.09. This trade represents a 23.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Scott H. Baxter sold 184,403 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $83.40, for a total transaction of $15,379,210.20. Following the completion of the transaction, the chief executive officer directly owned 261,786 shares in the company, valued at $21,832,952.40. This represents a 41.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Kontoor Brands in the second quarter valued at about $674,664,000. Dimensional Fund Advisors LP lifted its position in shares of Kontoor Brands by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,268,336 shares of the company’s stock valued at $89,132,000 after acquiring an additional 6,477 shares during the period. Jennison Associates LLC lifted its position in shares of Kontoor Brands by 0.9% during the 1st quarter. Jennison Associates LLC now owns 1,225,371 shares of the company’s stock valued at $86,131,000 after acquiring an additional 10,540 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Kontoor Brands during the 2nd quarter valued at approximately $45,003,000. Finally, Janus Henderson Group PLC boosted its stake in shares of Kontoor Brands by 34.1% during the 1st quarter. Janus Henderson Group PLC now owns 564,955 shares of the company’s stock worth $39,730,000 after acquiring an additional 143,749 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.
More Kontoor Brands News
Here are the key news stories impacting Kontoor Brands this week:
- Positive Sentiment: Kontoor Brands raised its quarterly dividend by $0.01, or approximately 2%, to $0.54 per share. The payment is scheduled for December 18, 2026, for shareholders of record on December 8. The new payout equates to $2.16 annually and a yield of about 2.8%, signaling continued confidence in cash generation and improving shareholder returns. Kontoor Brands Declares Quarterly Dividend, a 2 Percent Increase
- Positive Sentiment: The analyst consensus target price is reported at $96.56, materially above KTB’s recent trading level near $76. This suggests analysts see potential appreciation if the company delivers on its earnings and guidance. Kontoor Brands Stock Has Consensus Target Price of $96.56
- Neutral Sentiment: Kontoor Brands is expected to report quarterly results shortly. Investors will focus on whether the company can meet or exceed expectations and maintain its fiscal 2026 earnings outlook of $5.25 to $5.35 per share. Kontoor Brands Expected to Announce Earnings
- Negative Sentiment: UBS expects only a modest third-quarter earnings beat and believes the stock’s upside is limited. That cautious view may offset the positive dividend news, particularly because investors are already focused on the upcoming results and the company’s ability to reverse recent revenue and earnings declines. Kontoor Brands Likely to Post Modest Q3 Beat, Upside Is Limited, UBS Says
About Kontoor Brands
Kontoor Brands, Inc (NYSE: KTB) is a global lifestyle apparel company focused on denim and casualwear. Its portfolio includes the Wrangler and Lee brands, as well as Rock & Republic, offering jeans, shirts, jackets, tops, bottoms, accessories and related products for men, women and children.
The company sells its products through wholesale customers, including department stores, specialty retailers and mass merchants, as well as through company-operated stores and e-commerce channels. Kontoor serves consumers in North America and international markets, with products distributed across multiple regions worldwide.
Kontoor Brands became an independent publicly traded company in 2019 following its separation from VF Corporation.
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