Kontoor Brands (NYSE:KTB – Get Free Report) had its price target raised by equities researchers at The Goldman Sachs Group from $84.00 to $95.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. The Goldman Sachs Group’s price target suggests a potential upside of 22.03% from the stock’s previous close.
Other equities analysts also recently issued research reports about the company. Jefferies Financial Group started coverage on Kontoor Brands in a research report on Wednesday, February 4th. They issued a “hold” rating and a $65.00 target price on the stock. Barclays boosted their price target on Kontoor Brands from $74.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday. Stifel Nicolaus increased their price objective on Kontoor Brands from $75.00 to $80.00 and gave the stock a “hold” rating in a research report on Tuesday. Wells Fargo & Company boosted their target price on shares of Kontoor Brands from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Kontoor Brands in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.00.
Check Out Our Latest Stock Analysis on Kontoor Brands
Kontoor Brands Stock Performance
Kontoor Brands (NYSE:KTB – Get Free Report) last announced its earnings results on Tuesday, March 3rd. The company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.65 by $0.08. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $975.78 million. Kontoor Brands had a net margin of 7.68% and a return on equity of 63.21%. Kontoor Brands’s revenue was up 45.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.38 EPS. Kontoor Brands has set its FY 2026 guidance at 6.400-6.500 EPS. Analysts expect that Kontoor Brands will post 4.82 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of KTB. Harbor Capital Advisors Inc. lifted its position in Kontoor Brands by 73.0% during the third quarter. Harbor Capital Advisors Inc. now owns 308 shares of the company’s stock worth $25,000 after purchasing an additional 130 shares during the period. CWM LLC lifted its holdings in shares of Kontoor Brands by 4.0% during the 3rd quarter. CWM LLC now owns 4,069 shares of the company’s stock worth $325,000 after acquiring an additional 157 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Kontoor Brands by 12.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,436 shares of the company’s stock worth $88,000 after acquiring an additional 157 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Kontoor Brands by 9.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,795 shares of the company’s stock worth $110,000 after acquiring an additional 162 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Kontoor Brands by 1.8% in the fourth quarter. Bank of Montreal Can now owns 9,297 shares of the company’s stock valued at $568,000 after acquiring an additional 164 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.
Trending Headlines about 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
Kontoor Brands Company Profile
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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