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

Kontoor Brands (NYSE:KTB) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Kontoor Brands Price Performance

KTB stock opened at $74.86 on Wednesday. Kontoor Brands has a 52-week low of $56.19 and a 52-week high of $88.96. The stock’s fifty day simple moving average is $81.20 and its 200-day simple moving average is $73.24. The company has a quick ratio of 1.10, a current ratio of 1.87 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 15.15 and a beta of 0.88.

Kontoor Brands Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on KTB shares. BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of Kontoor Brands in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their target price on shares of Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Barclays boosted their target price on shares of Kontoor Brands from $93.00 to $96.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Zacks Research raised shares of Kontoor Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings lowered shares of Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Kontoor Brands currently has a consensus rating of “Moderate Buy” and an average target price of $92.70.

Insider Activity at Kontoor Brands

In other news, EVP Jennifer H. Broyles sold 4,000 shares of Kontoor Brands stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $81.02, for a total value of $324,080.00. Following the transaction, the executive vice president directly owned 40,261 shares of the company’s stock, valued at $3,261,946.22. The trade was a 9.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in Kontoor Brands in the fourth quarter valued at approximately $204,000. Smartleaf Asset Management LLC lifted its position in shares of Kontoor Brands by 57.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,574 shares of the company’s stock worth $159,000 after purchasing an additional 934 shares in the last quarter. State of Wyoming lifted its position in shares of Kontoor Brands by 30.9% during the fourth quarter. State of Wyoming now owns 1,739 shares of the company’s stock worth $106,000 after purchasing an additional 411 shares in the last quarter. CIBC Asset Management Inc purchased a new position in shares of Kontoor Brands in the fourth quarter valued at $202,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Kontoor Brands by 158.8% in the third quarter. CIBC Private Wealth Group LLC now owns 1,245 shares of the company’s stock valued at $99,000 after purchasing an additional 764 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

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.