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 Q3 regulatory filings by fund managers ($100M+ AUM)
74% more call options, than puts
Call options by funds: $3.5M | Put options by funds: $2.01M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
27% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 45
21% more capital invested
Capital invested by funds: $3.82B [Q2] → $4.63B (+$806M) [Q3]
5.91% more ownership
Funds ownership: 103.52% [Q2] → 109.43% (+5.91%) [Q3]
3% more funds holding
Funds holding: 358 [Q2] → 367 (+9) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 117
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Guggenheim Robert Drbul 52% 1-year accuracy 17 / 33 met price target | 16%upside $100 | Buy Maintained | 1 Nov 2024 |
UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target | 28%upside $110 | Buy Maintained | 1 Nov 2024 |
Barclays Paul Kearney 44% 1-year accuracy 4 / 9 met price target | 16%upside $100 | Overweight Maintained | 1 Nov 2024 |
Stifel Jim Duffy 67% 1-year accuracy 22 / 33 met price target | 8%upside $93 | Hold Downgraded | 1 Nov 2024 |
Wells Fargo Ike Boruchow 62% 1-year accuracy 28 / 45 met price target | 5%upside $90 | Overweight Maintained | 23 Oct 2024 |
Financial journalist opinion
