Kontoor Brands
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
50% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 34
7% more capital invested
Capital invested by funds: $3.47B [Q1] → $3.71B (+$237M) [Q2]
5% more funds holding
Funds holding: 340 [Q1] → 357 (+17) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 112
2.96% less ownership
Funds ownership: 103.37% [Q1] → 100.41% (-2.96%) [Q2]
34% less call options, than puts
Call options by funds: $4.13M | Put options by funds: $6.3M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Jay Sole 52% 1-year accuracy 12 / 23 met price target | 28%upside $103 | Buy Maintained | 18 Oct 2024 |
Stifel Jim Duffy 67% 1-year accuracy 22 / 33 met price target | 11%upside $89 | Buy Maintained | 7 Oct 2024 |
Guggenheim Robert Drbul 80% 1-year accuracy 12 / 15 met price target | 0%downside $80 | Buy Maintained | 2 Aug 2024 |
Barclays Paul Kearney 67% 1-year accuracy 4 / 6 met price target | 4%upside $83 | Overweight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 8 articles about KTB published over the past 30 days
