Jennifer Broyles Sells Shares of Kontoor Brands, Inc.
EVP Jennifer Broyles sold 4,000 shares of Kontoor Brands for $324,080.
Key Points
- Jennifer Broyles, EVP at Kontoor Brands, sold 4,000 shares on June 12, 2026, for $324,080.
- Kontoor Brands trades on the NYSE under KTB, with recent shares priced at $79.01.
- Analysts maintain a 'buy' rating on Kontoor, with a target mean price of $92.40.
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Jennifer Broyles, Executive Vice President and Global Brands President at Kontoor Brands, Inc. (NYSE:KTB), sold 4,000 shares of the company on June 12, 2026. The shares were sold at an average price of $81.02, amounting to a total transaction value of $324,080. This sale was not part of a pre-scheduled trading plan.
Insider Buying and Selling at Kontoor Brands, Inc.
Jennifer Broyles' recent sale is one of several insider transactions at Kontoor Brands. On May 1, 2026, several other insiders, including Mark Schiller, Shelley Stewart Jr., Robert Shearer, Ashley Goldsmith, and MaryElizabeth Campbell, each purchased 2,236 shares in transactions that did not involve cash.
Other Institutional Activity in Kontoor Brands
Institutional investors have also been active in Kontoor Brands. BlackRock, Inc. increased its holdings by 98,013 shares, bringing its total to 7,861,544 shares valued at about $552.6 million. Meanwhile, PNC Financial Services Group, Inc. reduced its stake by 745,573 shares, ending with 6,016,648 shares worth approximately $422.9 million. Vanguard Portfolio Management LLC added 3,323,794 shares, now holding shares valued at around $233.6 million. JPMorgan Chase & Co trimmed its position by 444,886 shares, leaving it with 2,574,318 shares valued at $170.5 million.
Kontoor Brands, Inc. Stock Up 2.9%
Shares of Kontoor Brands (NYSE:KTB) are currently trading around $79.01. The company has a market cap of approximately $4.38 billion, with a P/E ratio of 15.97 and a forward P/E of 12.33. The stock has a 52-week range between $53.55 and $87.00. Kontoor's 50-day moving average is $71.85, and its 200-day moving average is $71.58. The company's current ratio is 1.87, with a quick ratio of 0.51 and a debt-to-equity ratio of 206.08.
Recent Earnings
Kontoor Brands reported revenue of $3.34 billion, with a growth rate of 0.45%. The company's net margin stands at 8.29%, and it achieved a return on equity of 53.22%. Earnings per share are reported at $4.96. The next earnings report is expected on July 30, 2026.
Dividend
Kontoor Brands offers an annual dividend rate of $2.12, yielding 2.68%. The dividend payout ratio is 42.34%.
Analysts Set New Price Targets
On June 8, 2026, JP Morgan initiated coverage of Kontoor Brands with a 'buy' rating and a $90.00 price target. Barclays maintained its 'buy' rating on May 11, 2026, with a price target of $96.00. The consensus among analysts is a 'buy' recommendation, with a target mean price of $92.40 based on 10 analyst opinions.
About Kontoor Brands
Kontoor Brands, Inc. is a lifestyle apparel company that designs, manufactures, and sells clothing and accessories primarily under the Wrangler, Lee, and Helly Hansen brands. The company operates through its Wrangler and Lee segments and sells products through various channels, including mass merchants, specialty stores, and online platforms. Headquartered in Greensboro, North Carolina, Kontoor Brands was incorporated in 2018 and employs around 10,600 people. The company is led by CEO Scott H. Baxter.
Bottom Line
Jennifer Broyles' recent stock sale at Kontoor Brands is a noteworthy insider transaction. The company's stock performance and analyst ratings suggest continued interest from investors. Remember, insider trades like this are disclosed after the fact and may not indicate future stock performance.
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