Universal Beteiligungs und Servicegesellschaft mbH Has $38.68 Million Stock Holdings in Tapestry, Inc. $TPR

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in Tapestry, Inc. (NYSE:TPR) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 301,028 shares of the luxury accessories retailer’s stock after selling 8,980 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of Tapestry worth $38,684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of TPR. Steph & Co. grew its holdings in shares of Tapestry by 128.7% in the 4th quarter. Steph & Co. now owns 231 shares of the luxury accessories retailer’s stock worth $30,000 after purchasing an additional 130 shares during the last quarter. Cloud Capital Management LLC bought a new position in shares of Tapestry during the 3rd quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new position in shares of Tapestry during the 4th quarter worth approximately $31,000. Triumph Capital Management bought a new position in shares of Tapestry during the 3rd quarter worth approximately $29,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of Tapestry by 157.4% in the 4th quarter. Sound Income Strategies LLC now owns 314 shares of the luxury accessories retailer’s stock valued at $41,000 after buying an additional 192 shares during the last quarter. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Stock Performance

NYSE:TPR opened at $146.46 on Friday. The stock has a market cap of $29.65 billion, a P/E ratio of 60.52, a price-to-earnings-growth ratio of 1.75 and a beta of 1.59. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 4.32. The stock’s 50-day moving average is $148.22 and its 200-day moving average is $130.45. Tapestry, Inc. has a 1-year low of $66.64 and a 1-year high of $161.97.

Tapestry (NYSE:TPR) last released its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.49. The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The business’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.00 earnings per share. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. Equities research analysts anticipate that Tapestry, Inc. will post 6.45 earnings per share for the current year.

Tapestry Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 6th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. Tapestry’s payout ratio is currently 66.12%.

Analyst Upgrades and Downgrades

TPR has been the topic of a number of recent analyst reports. Argus set a $165.00 price target on Tapestry in a research report on Thursday, March 12th. Wall Street Zen cut Tapestry from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. TD Cowen reiterated a “buy” rating on shares of Tapestry in a research report on Tuesday, February 10th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $170.00 target price on shares of Tapestry in a research report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tapestry in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $153.06.

Insider Buying and Selling

In related news, CEO Todd Kahn sold 39,815 shares of Tapestry stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $151.34, for a total value of $6,025,602.10. Following the transaction, the chief executive officer directly owned 120,578 shares of the company’s stock, valued at $18,248,274.52. The trade was a 24.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Scott A. Roe sold 44,290 shares of Tapestry stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $152.62, for a total value of $6,759,539.80. Following the completion of the transaction, the chief financial officer directly owned 139,128 shares in the company, valued at approximately $21,233,715.36. This represents a 24.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 164,956 shares of company stock valued at $25,297,262 over the last 90 days. 1.32% of the stock is currently owned by corporate insiders.

Tapestry Company Profile

Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.

Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.