Kontoor Brands (NYSE:KTB) Shares Gap Up – What’s Next?

21 May 2026, 12:23 by Renee Jackson · The Cerbat Gem

Kontoor Brands, Inc. (NYSE:KTB – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $65.09, but opened at $68.15. Kontoor Brands shares last traded at $67.6740, with a volume of 102,315 shares.

Analyst Ratings Changes

KTB has been the topic of a number of analyst reports. Wells Fargo & Company increased their price objective on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Wall Street Zen cut shares of Kontoor Brands from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings raised shares of Kontoor Brands from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 15th. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of Kontoor Brands in a report on Friday, May 1st. Finally, Zacks Research cut shares of Kontoor Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.33.

Get Our Latest Stock Analysis on KTB

Kontoor Brands Stock Performance

The stock has a market capitalization of $3.76 billion, a P/E ratio of 13.80 and a beta of 0.91. The company has a current ratio of 1.87, a quick ratio of 1.10 and a debt-to-equity ratio of 1.83. The company has a 50-day moving average price of $70.18 and a two-hundred day moving average price of $68.14.

Kontoor Brands (NYSE:KTB – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.06 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.11). The company had revenue of $613.32 million for the quarter, compared to analyst estimates of $784.76 million. Kontoor Brands had a return on equity of 60.17% and a net margin of 8.30%.The business’s quarterly revenue was up 45.0% compared to the same quarter last year. During the same period last year, the business earned $1.20 EPS. Kontoor Brands has set its FY 2026 guidance at 6.600-6.700 EPS. On average, equities analysts forecast that Kontoor Brands, Inc. will post 5.2 earnings per share for the current year.

Kontoor Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $2.12 annualized dividend and a dividend yield of 3.1%. Kontoor Brands’s dividend payout ratio (DPR) is 42.91%.

Institutional Trading of Kontoor Brands

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in Kontoor Brands by 29.1% in the 1st quarter. Royal Bank of Canada now owns 105,895 shares of the company’s stock valued at $6,793,000 after purchasing an additional 23,880 shares during the period. AQR Capital Management LLC grew its position in Kontoor Brands by 49.3% in the 1st quarter. AQR Capital Management LLC now owns 14,641 shares of the company’s stock valued at $939,000 after purchasing an additional 4,836 shares during the period. Integrated Wealth Concepts LLC grew its position in Kontoor Brands by 250.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company’s stock valued at $602,000 after purchasing an additional 6,712 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 valued at $2,102,000 after purchasing an additional 1,432 shares during the period. Finally, Millennium Management LLC grew its position in Kontoor Brands by 222.5% in the 1st quarter. Millennium Management LLC now owns 156,332 shares of the company’s stock valued at $10,026,000 after purchasing an additional 107,855 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Kontoor Brands Company Profile

(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.