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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
126% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 38
18% more call options, than puts
Call options by funds: $5.95M | Put options by funds: $5.03M
14% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 116
9% more funds holding
Funds holding: 369 [Q3] → 404 (+35) [Q4]
4% more capital invested
Capital invested by funds: $4.63B [Q3] → $4.81B (+$184M) [Q4]
3.81% less ownership
Funds ownership: 109.43% [Q3] → 105.62% (-3.81%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$100
14%
upside
Avg. target
$104
18%
upside
High target
$108
23%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Wells Fargo Ike Boruchow 48% 1-year accuracy 23 / 48 met price target | 14%upside $100 | Overweight Maintained | 20 Feb 2025 |
UBS Jay Sole 47% 1-year accuracy 25 / 53 met price target | 23%upside $108 | Buy Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 11 articles about KTB published over the past 30 days
Neutral
CNBC Television
1 day ago
Kontoor BrandsKontoor Brands CEO Scott Baxter sits down with Jim Cramer
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.
Positive
CNBC Television
1 day ago
We wanted outdoor and workwear company, Helly Hansen is both, says Kontoor Brands CEO
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.
Positive
CNBC
1 day ago
Kontoor Brands CEO describes growth plans for new acquisition
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter explained why the apparel company purchased outdoor and workwear outfit Helly Hansen, citing growth potential and an expansion of the company's offerings. "This is, far and away, the largest outdoor market in the world, right," Baxter said.
Positive
Zacks Investment Research
1 day ago
Kontoor Brands Posts Strong Q4 Preliminary Results: What's More?
KTB's strong fourth-quarter preliminary results highlight a robust year-end performance, fueled by better-than-expected revenues, earnings and cash flow generation.
Neutral
Seeking Alpha
2 days ago
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands is acquiring Helly Hansen for $900 million to diversify into the outdoor and workwear market, aiming for long-term growth and value creation. Despite the strategic acquisition, Kontoor Brands remains a 'hold' due to valuation concerns and high interest expenses impacting cash flow. Investors should watch upcoming Q4 2024 results for potential valuation changes and any new guidance from management for 2025.
Neutral
Reuters
3 days ago
Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million
Canadian Tire said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands for C$1.28 billion ($901.2 million), as part of efforts to focus on its core business.
Neutral
Business Wire
3 days ago
Kontoor Brands Reports Preliminary 2024 Fourth Quarter Results
GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today reported preliminary financial results for its fourth quarter ended December 28, 2024. “I am pleased with our strong finish to the year, driven by better-than-expected revenue, earnings, and cash generation,” said Scott Baxter, President, Chief Executive Officer and Chairman of Kontoor Brands. “.
Neutral
Business Wire
3 days ago
Kontoor Brands Announces Definitive Agreement to Acquire Iconic Global Outdoor and Workwear Brand Helly Hansen®
GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced it has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the agreement, Kontoor Brands will acquire 100% of Helly Hansen from Canadian Tire Corporation. “We are thrilled to welcome the Helly Hansen team into Kontoor Brands.
Neutral
Business Wire
1 week ago
Kontoor Brands Declares Quarterly Dividend
GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.52 per share of its common stock. The cash dividend will be payable on March 20, 2025, to shareholders of record at the close of business on March 10, 2025. About Kontoor Brands Kontoor Brands, Inc. (NYSE:.
Neutral
Business Wire
1 week ago
Kontoor Brands Announces Fourth Quarter 2024 Earnings and Conference Call Date
GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its fourth quarter 2024 financial results on Tuesday, February 25, 2025, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast liv.
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