KTB stock icon

Kontoor Brands
KTB

$68.88
1.36%

Market Cap: 3.85B

 

About: Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick-and-mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.

Employees: 13,700

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 33

6% more funds holding

Funds holding: 315 [Q4 2023] → 333 (+18) [Q1 2024]

9% more call options, than puts

Call options by funds: $7.21M | Put options by funds: $6.59M

0.62% less ownership

Funds ownership: 101.84% [Q4 2023] → 101.22% (-0.62%) [Q1 2024]

5% less capital invested

Capital invested by funds: $3.57B [Q4 2023] → $3.4B (-$172M) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 109

75% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 1 (-3) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$64
7%
downside
Avg. target
$75
8%
upside
High target
$85
23%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Jim Duffy
16%upside
$80
Buy
Maintained
14 Jun 2024
Goldman Sachs
Brooke Roach
12%upside
$77
Buy
Maintained
3 May 2024
Barclays
Paul Kearney
10%upside
$76
Overweight
Maintained
3 May 2024
Goldman Sachs
Brooke Roach
7%downside
$64
Buy
Maintained
29 Feb 2024
Barclays
Adrienne Yih
6%downside
$65
Overweight
Maintained
29 Feb 2024

Financial journalist opinion

Based on 3 articles about KTB published over the past 30 days