Weekly Analysts’ Ratings Updates for Kontoor Brands (KTB)

Kontoor Brands (NYSE: KTB) recently received a number of ratings updates from brokerages and research firms:

• 2/28/2025 – Kontoor Brands had its price target lowered by analysts at UBS Group AG from $108.00 to $96.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Kontoor Brands had its price target lowered by analysts at Barclays PLC from $100.00 to $93.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – Kontoor Brands had its price target raised by analysts at Wells Fargo & Company from $95.00 to $100.00. They now have an “overweight” rating on the stock.
• 2/18/2025 – Kontoor Brands had its price target lowered by analysts at UBS Group AG from $112.00 to $108.00. They now have a “buy” rating on the stock.

Kontoor Brands Trading Up 0.8 %

Kontoor Brands stock traded up $0.54 during mid-day trading on Tuesday, reaching $63.68. 359,076 shares of the company traded hands, compared to its average volume of 672,059. The firm’s 50 day moving average price is $85.14 and its 200 day moving average price is $83.13. Kontoor Brands, Inc. has a 52-week low of $52.95 and a 52-week high of $96.80. The company has a debt-to-equity ratio of 2.09, a current ratio of 2.50 and a quick ratio of 1.42. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 14.34, a P/E/G ratio of 2.12 and a beta of 1.19.

Kontoor Brands (NYSE:KTB) last released its quarterly earnings results on Tuesday, February 25th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.07. The company had revenue of $699.00 million during the quarter, compared to the consensus estimate of $698.07 million. Kontoor Brands had a net margin of 9.72% and a return on equity of 73.99%. Kontoor Brands’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.28 earnings per share. On average, analysts anticipate that Kontoor Brands, Inc. will post 4.82 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, March 20th. Shareholders of record on Monday, March 10th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Monday, March 10th. Kontoor Brands’s dividend payout ratio (DPR) is presently 47.60%.

Hedge Funds Weigh In On Kontoor Brands

Large investors have recently modified their holdings of the stock. Sanctuary Advisors LLC purchased a new stake in Kontoor Brands during the third quarter valued at approximately $332,000. Janus Henderson Group PLC raised its position in shares of Kontoor Brands by 31.4% during the third quarter. Janus Henderson Group PLC now owns 47,474 shares of the company’s stock valued at $3,883,000 after buying an additional 11,337 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Kontoor Brands by 407.3% in the fourth quarter. Fortitude Family Office LLC now owns 416 shares of the company’s stock worth $36,000 after buying an additional 334 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Kontoor Brands by 8,078.0% during the third quarter. International Assets Investment Management LLC now owns 28,623 shares of the company’s stock worth $2,341,000 after acquiring an additional 28,273 shares during the last quarter. Finally, Natixis Advisors LLC grew its stake in Kontoor Brands by 6.7% during the third quarter. Natixis Advisors LLC now owns 17,383 shares of the company’s stock valued at $1,422,000 after acquiring an additional 1,087 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

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.