Kontoor Brands (NYSE:KTB) Price Target Cut to $125.00 by Analysts at UBS Group

Kontoor Brands (NYSE:KTB) had its price objective lowered by UBS Group from $136.00 to $125.00 in a research report released on Friday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

Several other analysts also recently weighed in on the company. Barclays lifted their target price on Kontoor Brands from $96.00 to $99.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. increased their price target on Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. BTIG Research reissued a “buy” rating and set a $105.00 price target on shares of Kontoor Brands in a report on Tuesday, September 15th. Needham & Company LLC assumed coverage on shares of Kontoor Brands in a research note on Friday, October 16th. They set a “hold” rating on the stock. Finally, Wells Fargo & Company upped their price objective on shares of Kontoor Brands from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.33.

Kontoor Brands Stock Performance

Kontoor Brands stock traded down $2.18 during midday trading on Friday, reaching $77.00. 1,648,212 shares of the stock traded hands, compared to its average volume of 723,410. Kontoor Brands has a fifty-two week low of $56.19 and a fifty-two week high of $88.96. The company has a current ratio of 1.83, a quick ratio of 0.99 and a debt-to-equity ratio of 1.82. The firm has a market cap of $4.21 billion, a price-to-earnings ratio of 21.45 and a beta of 0.85. The firm has a fifty day moving average price of $70.49 and a two-hundred day moving average price of $72.95.

Kontoor Brands (NYSE:KTB) last announced its quarterly earnings results on Thursday, November 5th. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.34 by $0.16. The company had revenue of $685.35 million for the quarter, compared to analyst estimates of $694.18 million. Kontoor Brands had a net margin of 8.21% and a return on equity of 59.71%. Kontoor Brands’s revenue was down 19.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.44 earnings per share. On average, equities research analysts forecast that Kontoor Brands will post 5.27 earnings per share for the current year.

Kontoor Brands Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Tuesday, December 8th will be given a dividend of $0.54 per share. This is a boost from Kontoor Brands’s previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, December 8th. This represents a $2.16 annualized dividend and a dividend yield of 2.8%. Kontoor Brands’s payout ratio is 44.26%.

Insiders Place Their Bets

In other news, EVP Thomas L. Doerr, Jr. sold 7,660 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $83.43, for a total value of $639,073.80. Following the completion of the sale, the executive vice president owned 25,063 shares in the company, valued at $2,091,006.09. This represents a 23.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Scott H. Baxter sold 184,403 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $83.40, for a total value of $15,379,210.20. Following the transaction, the chief executive officer directly owned 261,786 shares of the company’s stock, valued at $21,832,952.40. This represents a 41.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kontoor Brands

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Kontoor Brands during the 2nd quarter valued at about $674,664,000. Dimensional Fund Advisors LP raised its holdings in shares of Kontoor Brands by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,268,336 shares of the company’s stock worth $89,132,000 after purchasing an additional 6,477 shares in the last quarter. Jennison Associates LLC lifted its stake in Kontoor Brands by 0.9% during the first quarter. Jennison Associates LLC now owns 1,225,371 shares of the company’s stock valued at $86,131,000 after purchasing an additional 10,540 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Kontoor Brands by 34.1% during the first quarter. Janus Henderson Group PLC now owns 564,955 shares of the company’s stock valued at $39,730,000 after purchasing an additional 143,749 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Kontoor Brands during the second quarter valued at approximately $45,003,000. 93.06% of the stock is currently owned by institutional investors.

Kontoor Brands News Roundup

Here are the key news stories impacting Kontoor Brands this week:

• Positive Sentiment: Kontoor reported third-quarter EPS of $1.50, beating the $1.34 consensus and topping the $1.44 earned a year earlier. Management also cited growth at Wrangler and Helly Hansen and gross-margin expansion. Company earnings release
• Positive Sentiment: The company strengthened its 2026 earnings outlook and plans to repurchase $450 million of shares following the completion of its Lee divestiture—potentially supporting per-share results and returning capital to investors. Company earnings release
• Negative Sentiment: Quarterly revenue was $685.35 million, below the $694.18 million analyst estimate and down 19.7% year over year. The top-line shortfall likely tempered the positive reaction to the EPS beat. Zacks quarterly metrics

About Kontoor Brands

Kontoor Brands, Inc (NYSE: KTB) is a global lifestyle apparel company focused on denim and casualwear. Its portfolio includes the Wrangler and Lee brands, as well as Rock & Republic, offering jeans, shirts, jackets, tops, bottoms, accessories and related products for men, women and children.

The company sells its products through wholesale customers, including department stores, specialty retailers and mass merchants, as well as through company-operated stores and e-commerce channels. Kontoor serves consumers in North America and international markets, with products distributed across multiple regions worldwide.

Kontoor Brands became an independent publicly traded company in 2019 following its separation from VF Corporation.