Kontoor Brands (NYSE:KTB) Price Target Cut to $125.00 by Analysts at UBS Group

Kontoor Brands (NYSE:KTB) had its price objective cut by equities researchers at UBS Group from $136.00 to $125.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group‘s target price points to a potential upside of 62.34% from the stock’s previous close.

Several other brokerages have also recently weighed in on KTB. Wells Fargo & Company upped their price target on shares of Kontoor Brands from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. boosted their price objective on shares of Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Needham & Company LLC began coverage on Kontoor Brands in a report on Friday, October 16th. They set a “hold” rating for the company. Barclays increased their target price on Kontoor Brands from $96.00 to $99.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Finally, Zacks Research upgraded Kontoor Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, July 9th. Seven research analysts have rated the stock with 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 an average rating of “Moderate Buy” and a consensus target price of $95.33.

Kontoor Brands Trading Down 2.8%

KTB traded down $2.18 during trading on Friday, hitting $77.00. 1,648,212 shares of the stock were exchanged, compared to its average volume of 802,134. Kontoor Brands has a 1 year low of $56.19 and a 1 year high of $88.96. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.99 and a current ratio of 1.83. The firm has a 50 day simple moving average of $70.49 and a 200 day simple moving average of $72.86. The firm has a market cap of $4.21 billion, a price-to-earnings ratio of 16.08 and a beta of 0.85.

Kontoor Brands (NYSE:KTB) last released its quarterly earnings data 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 return on equity of 59.71% and a net margin of 8.21%. The firm had revenue of $685.35 million during the quarter, compared to the consensus estimate of $694.18 million. During the same period in the previous year, the company posted $1.44 earnings per share. The firm’s quarterly revenue was down 19.7% on a year-over-year basis. As a group, equities analysts expect that Kontoor Brands will post 5.27 EPS for the current year.

Insider Buying and Selling at Kontoor Brands

In other Kontoor Brands news, EVP Thomas Doerr, Jr. sold 7,660 shares of Kontoor Brands stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $83.43, for a total value of $639,073.80. Following the transaction, the executive vice president directly owned 25,063 shares of the company’s stock, valued at approximately $2,091,006.09. The trade was a 23.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Scott Baxter sold 184,403 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $83.40, for a total value of $15,379,210.20. Following the sale, the chief executive officer owned 261,786 shares of the company’s stock, valued at approximately $21,832,952.40. This represents a 41.33% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kontoor Brands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Squarepoint Ops LLC acquired a new position in shares of Kontoor Brands during the second quarter valued at about $7,495,000. AMG National Trust Bank purchased a new position in shares of Kontoor Brands in the 2nd quarter valued at approximately $8,877,000. BlackRock Inc. acquired a new stake in Kontoor Brands in the 2nd quarter worth approximately $674,664,000. RFG Advisory LLC acquired a new stake in Kontoor Brands in the 2nd quarter worth approximately $1,544,000. Finally, Deutsche Bank AG purchased a new stake in Kontoor Brands during the 2nd quarter worth approximately $6,557,000. 93.06% of the stock is currently 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

Kontoor Brands Company Profile

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.