Kontoor Brands (NYSE:KTB – Get Free Report) had its price objective lifted by research analysts at UBS Group from $118.00 to $131.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 68.27% from the company’s current price.
KTB has been the topic of several other research reports. BNP Paribas Exane set a $50.00 target price on shares of Kontoor Brands in a report on Tuesday, December 9th. Wall Street Zen cut Kontoor Brands from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Barclays upped their target price on Kontoor Brands from $74.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Kontoor Brands in a report on Monday, December 29th. Finally, Wells Fargo & Company upped their price target on Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Kontoor Brands has a consensus rating of “Moderate Buy” and an average target price of $91.00.
Read Our Latest Research Report on KTB
Kontoor Brands Trading Down 0.4%
Kontoor Brands (NYSE:KTB – Get Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.08. Kontoor Brands had a net margin of 7.68% and a return on equity of 63.21%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $975.78 million. During the same period in the previous year, the company posted $1.38 earnings per share. Kontoor Brands’s revenue was up 45.6% compared to the same quarter last year. Kontoor Brands has set its FY 2026 guidance at 6.400-6.500 EPS. On average, sell-side analysts anticipate that Kontoor Brands will post 4.82 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Kontoor Brands
Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada boosted its stake in shares of Kontoor Brands by 29.1% during the 1st quarter. Royal Bank of Canada now owns 105,895 shares of the company’s stock valued at $6,793,000 after buying an additional 23,880 shares during the last quarter. AQR Capital Management LLC boosted its stake in Kontoor Brands by 49.3% during the 1st quarter. AQR Capital Management LLC now owns 14,641 shares of the company’s stock valued at $939,000 after acquiring an additional 4,836 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in Kontoor Brands by 250.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company’s stock worth $602,000 after acquiring an additional 6,712 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 worth $2,102,000 after purchasing an additional 1,432 shares during the last quarter. Finally, Millennium Management LLC increased its position in shares of Kontoor Brands by 222.5% in the 1st quarter. Millennium Management LLC now owns 156,332 shares of the company’s stock worth $10,026,000 after purchasing an additional 107,855 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Kontoor Brands
Here are the key news stories impacting Kontoor Brands this week:
- Positive Sentiment: Q4 beat: Kontoor reported EPS of $1.73 vs. $1.65 consensus and revenue of $1.02B vs. ~$976M expected, driven in part by the Helly Hansen contribution — this confirms stronger near‑term profitability. Earnings Detail
- Positive Sentiment: Raised FY‑2026 EPS outlook: management set guidance of $6.40–$6.50 EPS vs. consensus ~5.89, signaling confidence in cash generation and margin expansion. Press Release
- Positive Sentiment: Analyst upgrades and price‑target hikes: Wells Fargo raised its target to $100 (overweight), BTIG to $100 (buy) and Barclays to $93 (overweight), reflecting upgraded estimates and a sizable implied upside from current levels. Analyst Coverage Barclays Note
- Neutral Sentiment: Helly Hansen investor outreach: Kontoor scheduled a Helly Hansen Investor Day (Sept 2, 2026) to outline long‑term growth and financial objectives — useful for modelers but benefits are forward‑looking. Investor Day
- Neutral Sentiment: Brand activation: Wrangler x Avirex limited‑edition collection may help premium positioning and brand momentum over time, but it’s not an immediate earnings driver. Product News
- Negative Sentiment: Market reaction & guidance nuance: despite the EPS outlook beat, revenue guidance ($3.4–$3.5B) sits slightly below some consensus views at the low end and overall intraday trading shows lower volume than average; the stock is down today — suggesting profit‑taking or investors parsing revenue upside risk. Guidance Detail
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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