One Wealth Advisors LLC acquired a new position in shares of Tapestry, Inc. (NYSE:TPR – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,920 shares of the luxury accessories retailer’s stock, valued at approximately $574,000.
Several other large investors also recently added to or reduced their stakes in TPR. Schroder Investment Management Group boosted its position in shares of Tapestry by 92.8% in the fourth quarter. Schroder Investment Management Group now owns 9,350,221 shares of the luxury accessories retailer’s stock worth $1,194,678,000 after buying an additional 4,500,850 shares during the period. Norges Bank acquired a new position in Tapestry during the fourth quarter valued at $345,349,000. Wellington Management Group LLP lifted its stake in Tapestry by 632.3% in the 4th quarter. Wellington Management Group LLP now owns 2,366,502 shares of the luxury accessories retailer’s stock worth $302,368,000 after acquiring an additional 2,043,353 shares in the last quarter. State Street Corp lifted its stake in Tapestry by 19.3% in the 3rd quarter. State Street Corp now owns 9,229,777 shares of the luxury accessories retailer’s stock worth $1,044,995,000 after acquiring an additional 1,494,193 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its stake in Tapestry by 160.5% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,886,518 shares of the luxury accessories retailer’s stock worth $213,592,000 after acquiring an additional 1,162,442 shares in the last quarter. 90.77% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have weighed in on TPR. Robert W. Baird lifted their target price on Tapestry from $160.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Telsey Advisory Group increased their price target on shares of Tapestry from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of Tapestry from a “buy” rating to a “hold” rating in a research report on Sunday. Citigroup upped their price objective on shares of Tapestry from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings downgraded shares of Tapestry from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $175.12.
Insider Buying and Selling
In other news, CEO Todd Kahn sold 19,557 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $140.02, for a total transaction of $2,738,371.14. Following the transaction, the chief executive officer owned 123,258 shares in the company, valued at $17,258,585.16. This represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.32% of the stock is owned by corporate insiders.
Tapestry News Summary
Here are the key news stories impacting Tapestry this week:
- Positive Sentiment: Tapestry reported fiscal fourth-quarter EPS of $1.32, above the $1.28 consensus estimate, while revenue of $1.88 billion also topped expectations. Revenue increased 8.9% year over year, and earnings rose from $1.04 per share in the prior-year quarter. Tapestry fiscal 2026 fourth-quarter and full-year results
- Positive Sentiment: Coach continued to drive growth, supported by younger shoppers, higher average unit retail prices, unit expansion and international growth. Management said the brand’s momentum could remain durable through fiscal 2027, although growth may become more measured in the second half. Coach growth durability
- Positive Sentiment: The company raised its quarterly dividend 15.6% to $0.4625 per share, payable September 21 to shareholders of record September 4. Tapestry also plans approximately $1.7 billion in shareholder returns, supporting the stock’s income and capital-return appeal. Fiscal 2027 outlook and shareholder returns
- Neutral Sentiment: Fiscal 2027 EPS guidance of $7.80 to $7.90 is broadly in line with the roughly $7.82 analyst consensus, suggesting continued profit growth but limited upside relative to expectations. Tapestry earnings estimate beat
- Negative Sentiment: Management projected fiscal 2027 revenue of $8.4 billion to $8.5 billion, slightly below the $8.5 billion consensus. Investors viewed the outlook as disappointing after the quarterly beat, particularly because Kate Spade’s recovery is taking longer and tariff pressure remains a risk. Tapestry forecasts weak annual sales
Tapestry Stock Up 0.6%
Shares of Tapestry stock opened at $129.11 on Friday. The firm has a market cap of $26.08 billion, a price-to-earnings ratio of 17.71, a P/E/G ratio of 1.16 and a beta of 1.43. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.27. Tapestry, Inc. has a 52-week low of $93.00 and a 52-week high of $164.80. The stock has a 50-day simple moving average of $146.48 and a 200-day simple moving average of $144.63.
Tapestry (NYSE:TPR – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, beating the consensus estimate of $1.28 by $0.04. Tapestry had a return on equity of 254.95% and a net margin of 19.09%.The business had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the business posted $1.04 EPS. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. On average, equities research analysts expect that Tapestry, Inc. will post 7.88 earnings per share for the current fiscal year.
Tapestry Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be given a $0.4625 dividend. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. This represents a $1.85 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, September 4th. Tapestry’s payout ratio is presently 51.28%.
Tapestry 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.
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