Scott Baxter Sells 184,403 Shares of Kontoor Brands (NYSE:KTB) Stock

Posted by Francis Steltz on Aug 17th, 2026

Kontoor Brands, Inc. (NYSE:KTB – Get Free Report) CEO Scott Baxter sold 184,403 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $83.40, for a total value of $15,379,210.20. Following the sale, the chief executive officer owned 261,786 shares of the company’s stock, valued at approximately $21,832,952.40. This trade represents a 41.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Kontoor Brands Stock Down 3.9%

KTB stock traded down $3.33 during midday trading on Monday, hitting $81.57. 665,367 shares of the company’s stock were exchanged, compared to its average volume of 815,674. The company has a current ratio of 1.83, a quick ratio of 0.99 and a debt-to-equity ratio of 1.82. Kontoor Brands, Inc. has a 12-month low of $56.19 and a 12-month high of $88.96. The firm has a 50 day moving average price of $82.08 and a 200-day moving average price of $73.77. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 17.03 and a beta of 0.88.

Kontoor Brands (NYSE:KTB – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $1.06 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $586.95 million. During the same period in the prior year, the business posted $1.33 EPS. The business’s revenue was down 11.2% on a year-over-year basis. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. On average, analysts anticipate that Kontoor Brands, Inc. will post 5.27 EPS for the current year.

Kontoor Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, September 8th. Kontoor Brands’s dividend payout ratio is 44.26%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in shares of Kontoor Brands by 7.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,991 shares of the company’s stock valued at $166,000 after acquiring an additional 134 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Kontoor Brands by 12.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,436 shares of the company’s stock worth $88,000 after purchasing an additional 157 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Kontoor Brands by 9.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,795 shares of the company’s stock worth $110,000 after purchasing an additional 162 shares during the period. Bank of Montreal Can grew its holdings in Kontoor Brands by 1.8% during the fourth quarter. Bank of Montreal Can now owns 9,297 shares of the company’s stock valued at $568,000 after purchasing an additional 164 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in Kontoor Brands by 0.8% during the fourth quarter. Stifel Financial Corp now owns 24,710 shares of the company’s stock valued at $1,510,000 after purchasing an additional 199 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KTB has been the subject of several research analyst reports. BTIG Research boosted their target price on shares of Kontoor Brands from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Research raised shares of Kontoor Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 9th. UBS Group boosted their price objective on Kontoor Brands from $131.00 to $136.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings cut Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded Kontoor Brands from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Get Our Latest Research Report on KTB

Kontoor Brands Company Profile

(Get Free Report)

Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.

Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.