Rhumbline Advisers Buys 8,080 Shares of Tapestry, Inc. $TPR

Rhumbline Advisers lifted its position in Tapestry, Inc. (NYSE:TPR) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 444,380 shares of the luxury accessories retailer’s stock after purchasing an additional 8,080 shares during the quarter. Rhumbline Advisers owned about 0.21% of Tapestry worth $50,313,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Tapestry by 2.4% during the second quarter. Vanguard Group Inc. now owns 25,902,930 shares of the luxury accessories retailer’s stock valued at $2,274,536,000 after buying an additional 606,686 shares during the period. Geode Capital Management LLC lifted its stake in shares of Tapestry by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,500,858 shares of the luxury accessories retailer’s stock worth $482,125,000 after acquiring an additional 158,782 shares during the last quarter. SRS Investment Management LLC boosted its holdings in Tapestry by 12.4% during the 2nd quarter. SRS Investment Management LLC now owns 5,332,824 shares of the luxury accessories retailer’s stock valued at $468,275,000 after acquiring an additional 589,000 shares during the period. Schroder Investment Management Group grew its position in Tapestry by 1,661.6% in the 2nd quarter. Schroder Investment Management Group now owns 4,002,818 shares of the luxury accessories retailer’s stock valued at $351,487,000 after acquiring an additional 3,775,593 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Tapestry by 36.0% in the 2nd quarter. AQR Capital Management LLC now owns 3,546,969 shares of the luxury accessories retailer’s stock valued at $311,388,000 after acquiring an additional 939,227 shares during the last quarter. 90.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Todd Kahn sold 39,815 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $151.34, for a total transaction of $6,025,602.10. Following the transaction, the chief executive officer owned 120,578 shares in the company, valued at $18,248,274.52. This trade represents a 24.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Scott A. Roe sold 44,290 shares of Tapestry stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $152.62, for a total transaction of $6,759,539.80. Following the completion of the sale, the chief financial officer directly owned 139,128 shares in the company, valued at $21,233,715.36. This represents a 24.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 217,401 shares of company stock valued at $27,574,441 in the last ninety days. Company insiders own 1.32% of the company’s stock.

Tapestry Trading Up 0.7%

NYSE TPR opened at $153.66 on Friday. Tapestry, Inc. has a 52 week low of $58.39 and a 52 week high of $158.28. The company has a 50 day moving average price of $131.49 and a 200 day moving average price of $116.47. The company has a quick ratio of 1.10, a current ratio of 1.63 and a debt-to-equity ratio of 4.32. The firm has a market cap of $31.11 billion, a PE ratio of 63.49, a price-to-earnings-growth ratio of 1.87 and a beta of 1.63.

Tapestry (NYSE:TPR) last announced its quarterly earnings data on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS for the quarter, beating the consensus estimate of $2.20 by $0.49. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.29 billion. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. Tapestry’s revenue was up 14.0% on a year-over-year basis. During the same period last year, the firm posted $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, sell-side analysts forecast that Tapestry, Inc. will post 4.91 EPS for the current fiscal year.

Tapestry declared that its Board of Directors has authorized a share repurchase plan on Thursday, November 6th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the luxury accessories retailer to reacquire up to 4.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Tapestry Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, March 6th. Tapestry’s dividend payout ratio (DPR) is currently 66.12%.

Tapestry News Roundup

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 beat and FY2026 guidance: Tapestry reported a sizable Q4 beat (EPS and revenue) and set FY26 EPS guidance of $6.40–$6.45, reinforcing growth expectations and supporting the rally. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns: Board authorized a $1.0B buyback (~4.9% of shares) and declared a quarterly dividend ($0.40), which supports shareholder yield and signals board confidence. MarketBeat TPR coverage
• Positive Sentiment: Positive research/upgrade flow: Multiple outlets have upgraded or raised targets (BTIG, Wells Fargo, Barclays and others), and Zacks highlights TPR as a strong growth stock — these notes can attract demand from institutional and retail investors. Zacks: Here’s Why Tapestry is a Strong Growth Stock
• Positive Sentiment: Dividend-growth screen inclusion: Tapestry appears on lists of dividend-growth picks, which may support longer-term, income‑focused buying. Zacks: Buy These 5 Dividend Growth Stocks
• Neutral Sentiment: Media/TV attention is boosting short‑term flows: Coverage (e.g., Jim Cramer) is drawing trading interest but doesn’t change fundamentals — may add volatility. MSN / Cramer coverage
• Neutral Sentiment: Analyst upside may be partly priced in: Several firms have raised targets, which helps sentiment but could limit near‑term upside if expectations are already reflected in the share price.
• Negative Sentiment: Heavy insider selling this week: Multiple insiders sold substantial blocks (CEO Todd Kahn, CFO Scott Roe, and other officers/directors), which reduces insider holdings ~20–25% in some cases and may prompt investor concern or short‑term selling pressure. InsiderTrades roundup

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. BTIG Research upped their price target on shares of Tapestry from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 6th. TD Cowen restated a “buy” rating on shares of Tapestry in a research note on Tuesday. Wall Street Zen downgraded shares of Tapestry from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. UBS Group reissued a “neutral” rating and issued a $141.00 price objective on shares of Tapestry in a research note on Monday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 target price on shares of Tapestry in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Tapestry has an average rating of “Moderate Buy” and a consensus target price of $145.05.

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.