Kontoor Brands (NYSE:KTB) Releases FY 2025 Earnings Guidance

Key Points

• Kontoor Brands updated its FY 2025 earnings guidance to an EPS of $5.45, surpassing the consensus estimate of $5.245, and maintains revenue guidance of $3.1 billion.
• Wells Fargo, UBS Group, and Barclays have raised their price targets for Kontoor Brands, with a consensus target price now set at $87.50 and a rating of "Moderate Buy".
• Kontoor Brands announced a quarterly dividend of $0.52 per share, yielding approximately 3.7% annually, with a payout ratio of 50.98%.

Kontoor Brands (NYSE:KTB - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.450-5.450 for the period, compared to the consensus estimate of 5.245. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion. Kontoor Brands also updated its Q3 2025 guidance to 1.350-1.350 EPS.

Wall Street Analyst Weigh In

Several equities analysts recently commented on KTB shares. Wells Fargo & Company upped their price target on shares of Kontoor Brands from $85.00 to $90.00 and gave the company an "overweight" rating in a research note on Wednesday, May 14th. The Goldman Sachs Group set a $85.00 price target on shares of Kontoor Brands and gave the company a "buy" rating in a research note on Tuesday, June 10th. UBS Group upped their price target on shares of Kontoor Brands from $83.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Barclays upped their price target on shares of Kontoor Brands from $75.00 to $86.00 and gave the company an "overweight" rating in a research note on Tuesday, May 20th. Finally, Stifel Nicolaus cut their price objective on shares of Kontoor Brands from $83.00 to $72.00 and set a "hold" rating for the company in a research report on Thursday, April 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Kontoor Brands has a consensus rating of "Moderate Buy" and a consensus target price of $87.50.

Kontoor Brands Trading Down 0.7%

KTB opened at $56.75 on Thursday. Kontoor Brands has a twelve month low of $50.00 and a twelve month high of $96.80. The company has a 50-day simple moving average of $65.46 and a 200 day simple moving average of $68.52. The company has a quick ratio of 1.65, a current ratio of 2.78 and a debt-to-equity ratio of 1.72. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 1.38 and a beta of 1.11.

Kontoor Brands (NYSE:KTB - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.04. The firm had revenue of $622.90 million during the quarter, compared to analysts' expectations of $625.44 million. Kontoor Brands had a net margin of 8.82% and a return on equity of 71.33%. The business's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 earnings per share. Analysts predict that Kontoor Brands will post 4.82 EPS for the current fiscal year.

Kontoor Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Tuesday, September 9th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.7%. Kontoor Brands's dividend payout ratio is 50.98%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KTB. Jane Street Group LLC raised its holdings in Kontoor Brands by 128.0% in the 1st quarter. Jane Street Group LLC now owns 97,002 shares of the company's stock valued at $6,221,000 after buying an additional 54,448 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Kontoor Brands by 6.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 145,808 shares of the company's stock valued at $9,351,000 after buying an additional 8,660 shares during the last quarter. United Services Automobile Association bought a new position in Kontoor Brands in the 1st quarter valued at approximately $205,000. Millennium Management LLC raised 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 valued at $10,026,000 after buying an additional 107,855 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Kontoor Brands by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company's stock valued at $2,102,000 after buying an additional 1,432 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

About Kontoor Brands

Kontoor Brands, Inc, a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name.

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