AMG National Trust Bank Boosts Holdings in Kontoor Brands, Inc. $KTB

Key Points

• AMG National Trust Bank increased its stake in Kontoor Brands by 19.9% in Q4 to 162,657 shares (about $9.94M); institutional investors now own roughly 93.06% of the company, with other large increases from firms like Millennium, RBC and AQR.
• Several analysts have raised price targets and ratings—Barclays, Wells Fargo, BTIG and Goldman all lifted targets (to roughly $93–$100)—and the stock carries a consensus rating of Moderate Buy with an average target of $91.00.
• Kontoor beat quarterly EPS estimates ($1.73 vs. $1.65), reported revenue up 45.6% year‑over‑year and set FY2026 guidance of $6.40–$6.50 EPS; the company also declared a quarterly dividend of $0.53 per share (a 3.1% yield).

AMG National Trust Bank boosted its stake in Kontoor Brands, Inc. (NYSE:KTB - Free Report) by 19.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 162,657 shares of the company's stock after acquiring an additional 27,044 shares during the period. AMG National Trust Bank owned 0.29% of Kontoor Brands worth $9,937,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Kontoor Brands by 29.1% during the first quarter. Royal Bank of Canada now owns 105,895 shares of the company's stock valued at $6,793,000 after purchasing an additional 23,880 shares during the period. AQR Capital Management LLC lifted its position in shares of Kontoor Brands by 49.3% during the 1st quarter. AQR Capital Management LLC now owns 14,641 shares of the company's stock valued at $939,000 after buying an additional 4,836 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Kontoor Brands by 250.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company's stock valued at $602,000 after buying an additional 6,712 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kontoor Brands by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company's stock worth $2,102,000 after acquiring an additional 1,432 shares during the period. Finally, Millennium Management LLC increased its holdings in Kontoor Brands by 222.5% in the 1st quarter. Millennium Management LLC now owns 156,332 shares of the company's stock worth $10,026,000 after acquiring an additional 107,855 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Kontoor Brands in a report on Monday, December 29th. Barclays lifted their target price on shares of Kontoor Brands from $74.00 to $93.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 4th. Wells Fargo & Company upped their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the company an "overweight" rating in a research note on Wednesday, March 4th. BTIG Research raised their price objective on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group boosted their target price on shares of Kontoor Brands from $84.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Kontoor Brands currently has a consensus rating of "Moderate Buy" and an average target price of $91.00.

Kontoor Brands Trading Down 4.4%

Shares of Kontoor Brands stock opened at $69.50 on Tuesday. Kontoor Brands, Inc. has a 12-month low of $53.55 and a 12-month high of $87.00. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 17.16 and a beta of 1.05. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 2.01. The company's 50-day moving average price is $70.54 and its 200-day moving average price is $69.63.

Kontoor Brands (NYSE:KTB - Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The company reported $1.73 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.08. Kontoor Brands had a net margin of 7.22% and a return on equity of 62.02%. Kontoor Brands's revenue for the quarter was up 45.6% compared to the same quarter last year. During the same period last year, the company earned $1.38 earnings per share. Kontoor Brands has set its FY 2026 guidance at 6.400-6.500 EPS. On average, equities analysts expect that Kontoor Brands, Inc. will post 6.46 earnings per share for the current fiscal year.

Kontoor Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 8th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $2.12 annualized dividend and a yield of 3.1%. Kontoor Brands's dividend payout ratio (DPR) is currently 52.35%.

Kontoor Brands Profile

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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