Kontoor Brands, Inc. (NYSE:KTB) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Kontoor Brands, with seven buy ratings, one strong buy, three holds and one sell. The average 12-month price target is $95, versus a recent share price of $72.55.
• Kontoor slightly exceeded quarterly EPS expectations at $1.06, but revenue fell 11.2% year over year to $584.29 million. The company guided fiscal 2026 EPS to $5.25–$5.35 and expects to pay a quarterly dividend of $0.53, yielding about 2.9% annually.
• Company insiders sold 196,063 shares worth approximately $16.3 million over the past 90 days, while institutional investors own 93.06% of Kontoor’s stock.

Kontoor Brands, Inc. (NYSE:KTB - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $95.00.

Several analysts recently issued reports on the company. Zacks Research upgraded Kontoor Brands from a "strong sell" rating to a "hold" rating in a report on Thursday, July 9th. Barclays boosted their price objective on Kontoor Brands from $96.00 to $99.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Wall Street Zen downgraded Kontoor Brands from a "strong-buy" rating to a "hold" rating in a research report on Saturday, May 9th. Weiss Ratings upgraded Kontoor Brands from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company increased their target price on Kontoor Brands from $100.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th.

Insider Buying and Selling at Kontoor Brands

In other news, 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 transaction, the chief executive officer directly owned 261,786 shares of the company's stock, valued at approximately $21,832,952.40. The trade was a 41.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thomas L. Doerr, Jr. sold 7,660 shares of the company's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $83.43, for a total transaction of $639,073.80. Following the completion of the transaction, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 196,063 shares of company stock valued at $16,342,364 over the last 90 days. 1.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kontoor Brands

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LP boosted its position in Kontoor Brands by 446.0% in the 2nd quarter. Corient Private Wealth LP now owns 43,977 shares of the company's stock valued at $3,665,000 after buying an additional 35,923 shares during the last quarter. California State Teachers Retirement System increased its position in shares of Kontoor Brands by 7,983.2% during the second quarter. California State Teachers Retirement System now owns 4,938,728 shares of the company's stock worth $411,594,000 after acquiring an additional 4,877,629 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Kontoor Brands by 4.5% in the second quarter. Concurrent Investment Advisors LLC now owns 10,292 shares of the company's stock worth $858,000 after acquiring an additional 443 shares in the last quarter. Nykredit A S acquired a new position in shares of Kontoor Brands in the second quarter worth about $222,000. Finally, Ancora Advisors LLC boosted its holdings in Kontoor Brands by 75.4% in the second quarter. Ancora Advisors LLC now owns 96,890 shares of the company's stock valued at $8,075,000 after purchasing an additional 41,649 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

Kontoor Brands Price Performance

KTB opened at $72.55 on Thursday. 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 company has a 50 day moving average of $82.45 and a two-hundred day moving average of $75.16. The company has a market cap of $3.96 billion, a P/E ratio of 15.15 and a beta of 0.87.

Kontoor Brands (NYSE:KTB - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $1.06 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.01. The business had revenue of $584.29 million for the quarter, compared to the consensus estimate of $586.95 million. Kontoor Brands had a net margin of 8.21% and a return on equity of 59.71%. The business's revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.33 EPS. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. On average, analysts expect that Kontoor Brands will post 5.27 earnings per share for the current year.

Kontoor Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, September 8th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, September 8th. Kontoor Brands's dividend payout ratio is currently 44.26%.

About Kontoor Brands

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.

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