Key Points
- Executive sale: Kontoor Brands EVP Thomas Doerr Jr. sold 7,660 shares for approximately $639,074, reducing his stake by 23.41% to 25,063 shares.
- Quarterly results: The company reported adjusted EPS of $1.06, slightly above estimates, while revenue fell 11.2% year over year to $584.29 million. Fiscal 2026 EPS guidance is $5.25–$5.35.
- Outlook and dividend: Kontoor declared a quarterly dividend of $0.53 per share, representing a 2.5% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $95.
Kontoor Brands, Inc. (NYSE:KTB - Get Free Report) EVP Thomas Doerr, Jr. sold 7,660 shares of the stock in a transaction that occurred 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 transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Kontoor Brands Price Performance
NYSE KTB opened at $84.87 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.83 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $4.69 billion, a PE ratio of 17.72 and a beta of 0.88. The company has a 50 day moving average price of $82.08 and a two-hundred day moving average price of $73.66. Kontoor Brands, Inc. has a 12-month low of $56.19 and a 12-month high of $88.96.
Kontoor Brands (NYSE:KTB - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.05 by $0.01. The company had revenue of $584.29 million during the quarter, compared to the consensus estimate of $586.95 million. Kontoor Brands had a net margin of 8.21% and a return on equity of 59.71%. The company's revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.33 earnings per share. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. As a group, equities analysts predict that Kontoor Brands, Inc. will post 5.27 earnings per share for the current fiscal year.
Kontoor Brands Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 8th. Kontoor Brands's dividend payout ratio is presently 44.26%.
Analyst Ratings Changes
KTB has been the topic of a number of analyst reports. UBS Group increased their price objective on Kontoor Brands from $131.00 to $136.00 and gave the company a "buy" rating in a report on Thursday. Zacks Research raised shares of Kontoor Brands from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 9th. BTIG Research boosted their price objective on shares of Kontoor Brands from $100.00 to $105.00 and gave the stock a "buy" rating in a research note on Friday. Weiss Ratings lowered shares of Kontoor Brands from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company raised their target price on Kontoor Brands from $100.00 to $110.00 and gave the company an "overweight" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Kontoor Brands has a consensus rating of "Moderate Buy" and an average target price of $95.00.
Read Our Latest Analysis on KTB
Institutional Trading of Kontoor Brands
Several large investors have recently made changes to their positions in the business. Transamerica Financial Advisors LLC increased its stake in shares of Kontoor Brands by 335.5% in the fourth quarter. Transamerica Financial Advisors LLC now owns 405 shares of the company's stock valued at $25,000 after buying an additional 312 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Kontoor Brands during the 2nd quarter worth about $26,000. Torren Management LLC bought a new stake in Kontoor Brands during the 4th quarter worth about $27,000. Private Trust Co. NA bought a new position in shares of Kontoor Brands in the fourth quarter worth about $31,000. Finally, Hantz Financial Services Inc. lifted its position in shares of Kontoor Brands by 196.2% during the fourth quarter. Hantz Financial Services Inc. now owns 551 shares of the company's stock worth $34,000 after purchasing an additional 365 shares in the last quarter. Institutional investors own 93.06% of the company's stock.
About Kontoor Brands
(
Get Free Report)
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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