Kontoor Brands, Inc. $KTB Stock Bought by Tectonic Advisors LLC

Key Points

• Tectonic Advisors increased its Kontoor Brands stake by 69.8% in the third quarter, holding 41,112 shares worth approximately $2.59 million. Institutional investors collectively own 93.06% of the company.
• Kontoor reported quarterly EPS of $1.06, slightly exceeding estimates, while revenue fell 11.2% year over year. Management’s fiscal 2026 EPS guidance is $5.25–$5.35.
• Kontoor raised its quarterly dividend to $0.54 per share, equivalent to $2.16 annually and a roughly 2.8% yield; analysts maintain a “Moderate Buy” consensus with a $96.56 average price target versus a recent price near $76.

Tectonic Advisors LLC raised its stake in Kontoor Brands, Inc. (NYSE:KTB - Free Report) by 69.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,112 shares of the company's stock after acquiring an additional 16,907 shares during the period. Tectonic Advisors LLC owned approximately 0.08% of Kontoor Brands worth $2,591,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC boosted its holdings in shares of 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 bought a new stake in shares of Kontoor Brands in the third quarter worth about $637,000. Monument Capital Management increased its holdings in shares of Kontoor Brands by 22.4% in the third 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 last quarter. Versant Capital Management Inc lifted its position in shares of 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 buying an additional 442 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Kontoor Brands in the second quarter worth about $453,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

Kontoor Brands Price Performance

Shares of Kontoor Brands stock traded down $1.75 during trading hours on Friday, reaching $76.03. The company's stock had a trading volume of 681,730 shares, compared to its average volume of 680,366. The firm has a 50 day moving average price of $71.10 and a 200-day moving average price of $74.94. Kontoor Brands, Inc. has a one year low of $56.19 and a one year high of $88.96. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.83 and a quick ratio of 0.99. The stock has a market cap of $4.16 billion, a P/E ratio of 15.87 and a beta of 0.87.

Kontoor Brands (NYSE:KTB - Get Free Report) last announced its quarterly 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 firm had revenue of $584.29 million during 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 firm's revenue for the quarter was down 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 EPS. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. On average, analysts predict that Kontoor Brands, Inc. will post 5.27 EPS for the current year.

Kontoor Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders 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 yield of 2.8%. This is a boost from Kontoor Brands's previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, December 8th. Kontoor Brands's dividend payout ratio (DPR) is currently 44.26%.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Zacks Research raised Kontoor Brands from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 9th. UBS Group lifted their price objective on Kontoor Brands from $131.00 to $136.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. Weiss Ratings cut Kontoor Brands from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, October 2nd. Barclays increased their target price on Kontoor Brands from $96.00 to $99.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Finally, Jefferies Financial Group upgraded Kontoor Brands from a "hold" rating to a "buy" rating and increased their target price for the company from $82.00 to $89.00 in a research report on Wednesday, October 14th. Seven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $96.56.

Insider Activity at Kontoor Brands

In other news, CEO Scott Baxter sold 184,403 shares of the firm's 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 completion of the sale, the chief executive officer directly owned 261,786 shares of the company's stock, valued at $21,832,952.40. This trade represents a 41.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thomas Doerr, Jr. sold 7,660 shares of Kontoor Brands 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 owned 25,063 shares of the company's stock, 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. 1.80% of the stock is owned by company insiders.

Kontoor Brands Company Profile

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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