Kontoor Brands (NYSE:KTB) Issues FY 2026 Earnings Guidance

Kontoor Brands (NYSE:KTB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.250-5.350 for the period, compared to the consensus EPS estimate of 5.220. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KTB shares. Zacks Research raised Kontoor Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 9th. BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of Kontoor Brands in a research report on Friday, May 1st. Weiss Ratings cut shares of Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Kontoor Brands from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Kontoor Brands presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.70.

Kontoor Brands Stock Performance

Shares of KTB stock opened at $74.86 on Wednesday. The business’s 50 day simple moving average is $81.20 and its 200 day simple moving average is $73.24. Kontoor Brands has a one year low of $56.19 and a one year high of $88.96. The stock has a market capitalization of $4.14 billion, a PE ratio of 15.15 and a beta of 0.88. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.87 and a quick ratio of 1.10.

Kontoor Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, September 8th will be given a $0.53 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.8%. Kontoor Brands’s payout ratio is 42.91%.

Insider Activity at Kontoor Brands

In other news, EVP Jennifer H. Broyles sold 4,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $81.02, for a total value of $324,080.00. Following the sale, the executive vice president directly owned 40,261 shares of the company’s stock, valued at approximately $3,261,946.22. This represents a 9.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Kontoor Brands

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of Kontoor Brands by 15.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,019,204 shares of the company’s stock worth $184,443,000 after acquiring an additional 413,005 shares in the last quarter. Morgan Stanley lifted its stake in shares of Kontoor Brands by 8.8% in the 4th quarter. Morgan Stanley now owns 1,283,592 shares of the company’s stock valued at $78,415,000 after purchasing an additional 104,296 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Kontoor Brands by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,261,859 shares of the company’s stock valued at $77,088,000 after purchasing an additional 15,213 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Kontoor Brands by 23.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,136,443 shares of the company’s stock valued at $69,426,000 after purchasing an additional 215,621 shares in the last quarter. Finally, Man Group plc grew its stake in Kontoor Brands by 23.7% during the second quarter. Man Group plc now owns 765,512 shares of the company’s stock worth $50,501,000 after purchasing an additional 146,858 shares during the period. Institutional investors own 93.06% of the company’s stock.

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.