Rep. Terri A. Sewell Sells Off Shares of Tapestry, Inc. (NYSE:TPR)

Representative Terri A. Sewell (Democratic-Alabama) recently sold shares of Tapestry, Inc. (NYSE:TPR). In a filing disclosed on April 21st, the Representative disclosed that they had sold between $15,001 and $50,000 in Tapestry stock on March 25th.

Representative Terri A. Sewell also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of GE HealthCare Technologies (NASDAQ:GEHC) on 3/25/2026.

Tapestry Stock Down 2.0%

Shares of NYSE:TPR opened at $150.55 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.63 and a debt-to-equity ratio of 4.32. Tapestry, Inc. has a 12 month low of $63.35 and a 12 month high of $161.97. The firm has a market cap of $30.48 billion, a P/E ratio of 62.21, a P/E/G ratio of 1.84 and a beta of 1.59. The company’s 50-day moving average price is $148.51 and its two-hundred day moving average price is $130.23.

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

Tapestry Announces Dividend

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

Wall Street Analysts Forecast Growth

TPR has been the topic of a number of analyst reports. Wells Fargo & Company increased their price target on shares of Tapestry from $142.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Argus set a $165.00 price target on shares of Tapestry in a research report on Thursday, March 12th. Wall Street Zen downgraded shares of Tapestry from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. BTIG Research increased their price target on shares of Tapestry from $140.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, TD Cowen reiterated a “buy” rating on shares of Tapestry in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $151.06.

Institutional Trading of Tapestry

Several hedge funds have recently bought and sold shares of the stock. State Street Corp raised its holdings in Tapestry by 3.8% during the 4th quarter. State Street Corp now owns 9,578,111 shares of the luxury accessories retailer’s stock worth $1,223,795,000 after buying an additional 348,334 shares during the period. Schroder Investment Management Group raised its holdings in Tapestry by 92.8% during the 4th 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. Geode Capital Management LLC raised its holdings in Tapestry by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 5,912,917 shares of the luxury accessories retailer’s stock worth $753,482,000 after buying an additional 203,764 shares during the period. AQR Capital Management LLC raised its holdings in Tapestry by 21.4% during the 3rd quarter. AQR Capital Management LLC now owns 4,307,615 shares of the luxury accessories retailer’s stock worth $487,708,000 after buying an additional 760,646 shares during the period. Finally, Morgan Stanley raised its holdings in Tapestry by 8.9% during the 4th quarter. Morgan Stanley now owns 3,327,212 shares of the luxury accessories retailer’s stock worth $425,118,000 after buying an additional 270,973 shares during the period. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Tapestry

In other news, Director Thomas Greco sold 14,245 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $154.44, for a total transaction of $2,199,997.80. Following the completion of the transaction, the director directly owned 21,302 shares of the company’s stock, valued at $3,289,880.88. This trade represents a 40.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joanne C. Crevoiserat sold 48,795 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $154.87, for a total transaction of $7,556,881.65. Following the transaction, the chief executive officer directly owned 671,193 shares of the company’s stock, valued at $103,947,659.91. This represents a 6.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 164,956 shares of company stock worth $25,297,262. 1.32% of the stock is currently owned by corporate insiders.

About Representative Sewell

Terri Sewell (Democratic Party) is a member of the U.S. House, representing Alabama’s 7th Congressional District. She assumed office on January 3, 2011. Her current term ends on January 3, 2027.

Sewell (Democratic Party) is running for re-election to the U.S. House to represent Alabama’s 7th Congressional District. She declared candidacy for the 2026 election.

Below is an abbreviated outline of Sewell’s academic, professional, and political career:

2011-Present: U.S. Representative from Alabama’s 7th Congressional District
1992: Graduated from Harvard University with J.D.
1988: Graduated from Oxford University with M.A.
1986: Graduated from Princeton University with B.A.
Prior to serving in Congress, Sewell was a partner in the Birmingham law office of Maynard, Cooper & Gale, P.C., where she focused on securities and public finance law.

About Tapestry

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.