UBS Group Has Lowered Expectations for Kontoor Brands (NYSE:KTB) Stock Price
by Kim Johansen · The Markets DailyKontoor Brands (NYSE:KTB – Get Free Report) had its target price cut by research analysts at UBS Group from $136.00 to $125.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group‘s price target indicates a potential upside of 62.34% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Kontoor Brands from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Needham & Company LLC began coverage on shares of Kontoor Brands in a report on Friday, October 16th. They set a “hold” rating for the company. BTIG Research restated a “buy” rating and set a $105.00 price objective on shares of Kontoor Brands in a research report on Tuesday, September 15th. Zacks Research upgraded shares of Kontoor Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, July 9th. Finally, Barclays boosted their target price on shares of Kontoor Brands from $96.00 to $99.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $95.33.
Read Our Latest Research Report on Kontoor Brands
Kontoor Brands Stock Down 2.8%
Kontoor Brands stock traded down $2.18 during trading hours on Friday, hitting $77.00. The stock had a trading volume of 1,648,212 shares, compared to its average volume of 802,134. The company has a quick ratio of 0.99, a current ratio of 1.83 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $4.21 billion, a P/E ratio of 16.08 and a beta of 0.85. Kontoor Brands has a 12-month low of $56.19 and a 12-month high of $88.96. The stock’s 50-day moving average price is $70.49 and its 200-day moving average price is $72.86.
Kontoor Brands (NYSE:KTB – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.16. Kontoor Brands had a net margin of 8.21% and a return on equity of 59.71%. The company had revenue of $685.35 million during the quarter, compared to the consensus estimate of $694.18 million. During the same quarter last year, the firm earned $1.44 earnings per share. The firm’s quarterly revenue was down 19.7% compared to the same quarter last year. Equities research analysts anticipate that Kontoor Brands will post 5.27 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Scott Baxter sold 184,403 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $83.40, for a total transaction of $15,379,210.20. Following the completion of the sale, the chief executive officer owned 261,786 shares of the company’s stock, valued at $21,832,952.40. The trade was a 41.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Thomas 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 of the company’s stock, valued at $2,091,006.09. This trade represents a 23.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.80% of the company’s stock.
Institutional Investors Weigh In On Kontoor Brands
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC purchased a new position in Kontoor Brands during the 2nd quarter valued at $7,495,000. AMG National Trust Bank purchased a new stake in Kontoor Brands in the second quarter worth $8,877,000. BlackRock Inc. bought a new stake in shares of Kontoor Brands during the second quarter worth $674,664,000. RFG Advisory LLC bought a new stake in shares of Kontoor Brands during the second quarter worth $1,544,000. Finally, Deutsche Bank AG purchased a new stake in shares of Kontoor Brands during the second quarter valued at $6,557,000. 93.06% of the stock is owned by hedge funds and other institutional investors.
More Kontoor Brands News
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.
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