Tectonic Advisors LLC Purchases 16,907 Shares of Kontoor Brands, Inc. $KTB

Tectonic Advisors LLC increased its position in shares of Kontoor Brands, Inc. (NYSE:KTB – Free Report) by 69.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,112 shares of the company’s stock after purchasing an additional 16,907 shares during the period. Tectonic Advisors LLC’s holdings in Kontoor Brands were worth $2,591,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sterling Capital Management LLC grew its holdings in Kontoor Brands by 840.0% during the 3rd quarter. Sterling Capital Management LLC now owns 1,833 shares of the company’s stock valued at $116,000 after purchasing an additional 1,638 shares during the last quarter. Inspire Investing LLC purchased a new stake in Kontoor Brands in the 3rd quarter worth about $637,000. Monument Capital Management raised its position in Kontoor Brands by 22.4% in the 3rd quarter. Monument Capital Management now owns 3,823 shares of the company’s stock worth $241,000 after purchasing an additional 700 shares during the period. Versant Capital Management Inc lifted its stake in Kontoor Brands by 68.2% in the third quarter. Versant Capital Management Inc now owns 1,090 shares of the company’s stock worth $69,000 after purchasing an additional 442 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Kontoor Brands in the second quarter worth about $453,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kontoor Brands

In related news, CEO Scott H. Baxter sold 184,403 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $83.40, for a total value of $15,379,210.20. Following the transaction, the chief executive officer owned 261,786 shares of the company’s stock, valued at $21,832,952.40. This represents a 41.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas L. Doerr, Jr. sold 7,660 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $83.43, for a total value of $639,073.80. Following the completion of the transaction, the executive vice president directly owned 25,063 shares in the company, valued at approximately $2,091,006.09. This trade represents a 23.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Needham & Company LLC started coverage on Kontoor Brands in a report on Friday, October 16th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. raised their price target on Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Zacks Research upgraded Kontoor Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, July 9th. Weiss Ratings cut Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Kontoor Brands in a research report on Tuesday, September 15th. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Kontoor Brands currently has an average rating of “Moderate Buy” and an average target price of $96.56.

Get Our Latest Stock Report on Kontoor Brands

Kontoor Brands News Roundup

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

Kontoor Brands Trading Down 2.2%

KTB stock traded down $1.75 during trading on Friday, hitting $76.03. The company had a trading volume of 681,730 shares, compared to its average volume of 680,366. The firm has a market capitalization of $4.16 billion, a P/E ratio of 15.87 and a beta of 0.87. Kontoor Brands, Inc. has a 52-week low of $56.19 and a 52-week high of $88.96. The company has a 50 day simple moving average of $71.10 and a 200-day simple moving average of $74.94. 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 (NYSE:KTB – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. The company had revenue of $584.29 million during the quarter, compared to analyst estimates of $586.95 million. Kontoor Brands had a net margin of 8.21% and a return on equity of 59.71%. The firm’s revenue for the quarter was down 11.2% on a year-over-year basis. During the same quarter last year, the business posted $1.33 EPS. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. As a group, research analysts forecast that Kontoor Brands, Inc. will post 5.27 earnings per share for the current fiscal year.

Kontoor Brands Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Tuesday, December 8th will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.8%. This is a boost from Kontoor Brands’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, December 8th. Kontoor Brands’s dividend payout ratio is 44.26%.

Kontoor Brands Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Kontoor Brands (NYSE:KTB)

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