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

Key Points

• Eleven analysts give Kontoor Brands a consensus rating of "Moderate Buy" (1 sell, 3 hold, 5 buy, 2 strong buy) with an average 1‑year target of $91.00, and recent upgrades/price-target raises from firms including UBS (to $131) and Goldman Sachs (to $95).
• Kontoor reported a beat with $1.73 EPS vs. $1.65 expected and revenue up 45.6% year‑over‑year; management set FY 2026 guidance of 6.400–6.500 EPS
• Shares opened at $73.53 (50‑day $70.84, 200‑day $69.66), the company has a market cap of $4.06B and a PE of 18.16, and it recently announced a quarterly dividend of $0.53 (annualized $2.12, yield ~2.9%; ex‑dividend June 8).

Kontoor Brands, Inc. (NYSE:KTB - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eleven analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $91.00.

A number of brokerages have commented on KTB. Wall Street Zen raised Kontoor Brands from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 18th. Zacks Research raised Kontoor Brands from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 16th. 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 research report on Wednesday, March 4th. UBS Group upped their price target on shares of Kontoor Brands from $118.00 to $131.00 and gave the company a "buy" rating in a research note on Wednesday, March 4th. Finally, BTIG Research raised their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, March 4th.

Kontoor Brands Trading Up 2.1%

Shares of KTB stock opened at $73.53 on Friday. The firm has a 50 day moving average price of $70.84 and a two-hundred day moving average price of $69.66. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $4.06 billion, a PE ratio of 18.16 and a beta of 1.05. Kontoor Brands has a 12-month low of $53.55 and a 12-month high of $87.00.

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

Kontoor Brands Dividend Announcement

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

Institutional Investors Weigh In On Kontoor Brands

A number of hedge funds and other institutional investors have recently made changes to their positions in KTB. Clearstead Advisors LLC grew its position 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 buying an additional 330 shares in the last quarter. Salomon & Ludwin LLC increased its stake in Kontoor Brands by 2,614.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 380 shares of the company's stock worth $31,000 after acquiring an additional 366 shares during the period. First Horizon Corp acquired a new position in Kontoor Brands in the 3rd quarter valued at $31,000. Assetmark Inc. raised its holdings in Kontoor Brands by 532.3% in the 3rd quarter. Assetmark Inc. now owns 392 shares of the company's stock valued at $31,000 after acquiring an additional 330 shares in the last quarter. Finally, Transamerica Financial Advisors LLC lifted its position in shares of Kontoor Brands by 335.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 405 shares of the company's stock valued at $25,000 after acquiring an additional 312 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Kontoor Brands Company 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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