Universal Beteiligungs und Servicegesellschaft mbH Sells 22,290 Shares of Kontoor Brands, Inc. $KTB

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH sold 22,290 shares of Kontoor Brands, trimming its stake by 25.9% to 63,894 shares (about 0.11% of the company) valued at roughly $3.91 million.
• Wall Street sentiment is generally positive—several firms raised targets (e.g., Goldman to $95, UBS to $131)—and MarketBeat's consensus rating is a Moderate Buy with a $91 price target.
• Kontoor recently topped quarterly EPS estimates ($1.73 vs. $1.65), reported revenue up 45.6%, set FY26 guidance of 6.40–6.50 EPS, and declared a quarterly dividend of $0.53 (annual $2.12, ~2.9% yield).

Universal Beteiligungs und Servicegesellschaft mbH lowered its holdings in shares of Kontoor Brands, Inc. (NYSE:KTB - Free Report) by 25.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,894 shares of the company's stock after selling 22,290 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.11% of Kontoor Brands worth $3,909,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Harbor Capital Advisors Inc. boosted its stake in Kontoor Brands by 73.0% during the third quarter. Harbor Capital Advisors Inc. now owns 308 shares of the company's stock worth $25,000 after acquiring an additional 130 shares in the last quarter. Clearstead Advisors LLC boosted its stake in Kontoor Brands by 2,538.5% during the third quarter. Clearstead Advisors LLC now owns 343 shares of the company's stock worth $27,000 after acquiring an additional 330 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in Kontoor Brands by 2,614.3% during the third quarter. Salomon & Ludwin LLC now owns 380 shares of the company's stock worth $31,000 after acquiring an additional 366 shares in the last quarter. First Horizon Corp bought a new stake in Kontoor Brands during the third quarter worth about $31,000. Finally, Assetmark Inc. boosted its stake in Kontoor Brands by 532.3% during the third quarter. Assetmark Inc. now owns 392 shares of the company's stock worth $31,000 after acquiring an additional 330 shares in the last quarter. Institutional investors own 93.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. The Goldman Sachs Group boosted their price objective on shares of Kontoor Brands from $84.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Zacks Research upgraded shares of Kontoor Brands from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 16th. UBS Group upped their target price on shares of Kontoor Brands from $118.00 to $131.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Wells Fargo & Company upped their target price on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 4th. Finally, BTIG Research upped their target price on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.00.

Kontoor Brands Trading Down 0.1%

Shares of NYSE KTB opened at $71.97 on Thursday. The firm's 50 day moving average price is $70.72 and its 200-day moving average price is $69.63. The company has a market cap of $3.98 billion, a PE ratio of 17.77 and a beta of 1.05. Kontoor Brands, Inc. has a 52-week low of $53.55 and a 52-week high of $87.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.87 and a current ratio of 1.82.

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

Kontoor Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 8th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 8th. This represents a $2.12 dividend on an annualized basis and a yield of 2.9%. Kontoor Brands's dividend payout ratio is 52.35%.

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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