Kontoor Brands (KTB) Projected to Post Quarterly Earnings on Thursday

Kontoor Brands (NYSE:KTB) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.86 per share and revenue of $632.97 million for the quarter. Kontoor Brands has set its Q2 2025 guidance at 0.800-0.800 EPS and its FY 2025 guidance at 5.400-5.500 EPS.

Kontoor Brands (NYSE:KTB) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.04. The company had revenue of $622.90 million for the quarter, compared to analyst estimates of $625.44 million. Kontoor Brands had a net margin of 8.82% and a return on equity of 71.33%. Kontoor Brands’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.16 earnings per share. On average, analysts expect Kontoor Brands to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Kontoor Brands Price Performance

Shares of NYSE:KTB opened at $57.47 on Thursday. The firm has a market cap of $3.19 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 1.47 and a beta of 1.12. The firm’s fifty day moving average is $66.58 and its 200-day moving average is $69.43. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.65 and a current ratio of 2.78. Kontoor Brands has a 52 week low of $50.00 and a 52 week high of $96.80.

Kontoor Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.52 per share. The ex-dividend date is Tuesday, September 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.62%. Kontoor Brands’s dividend payout ratio (DPR) is presently 50.98%.

Hedge Funds Weigh In On Kontoor Brands

Several hedge funds and other institutional investors have recently bought and sold shares of KTB. Royal Bank of Canada lifted its holdings in Kontoor Brands by 29.1% in the first quarter. Royal Bank of Canada now owns 105,895 shares of the company’s stock valued at $6,793,000 after buying an additional 23,880 shares during the period. AQR Capital Management LLC lifted its holdings in Kontoor Brands by 49.3% in the first quarter. AQR Capital Management LLC now owns 14,641 shares of the company’s stock valued at $939,000 after buying an additional 4,836 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in Kontoor Brands by 250.8% in the first quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company’s stock valued at $602,000 after buying an additional 6,712 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Kontoor Brands by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company’s stock valued at $2,102,000 after buying an additional 1,432 shares during the period. Finally, Millennium Management LLC lifted its holdings in Kontoor Brands by 222.5% in the first quarter. Millennium Management LLC now owns 156,332 shares of the company’s stock valued at $10,026,000 after buying an additional 107,855 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on KTB shares. Stifel Nicolaus cut their price target on shares of Kontoor Brands from $83.00 to $72.00 and set a “hold” rating on the stock in a report on Thursday, April 10th. Wells Fargo & Company lifted their price target on shares of Kontoor Brands from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, May 14th. The Goldman Sachs Group set a $85.00 price target on shares of Kontoor Brands and gave the stock a “buy” rating in a report on Tuesday, June 10th. Barclays lifted their price target on shares of Kontoor Brands from $75.00 to $86.00 and gave the stock an “overweight” rating in a report on Tuesday, May 20th. Finally, UBS Group lifted their price target on shares of Kontoor Brands from $83.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, May 7th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Kontoor Brands presently has a consensus rating of “Moderate Buy” and an average price target of $87.50.

About Kontoor Brands

Kontoor Brands, Inc, a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name.