Tapestry (TPR) News Today

Federated Hermes Inc. lifted its position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 25.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,618 shares of the luxury accessories retailer's stock after pur

Primecap Management Co. CA lifted its stake in Tapestry, Inc. (NYSE:TPR - Free Report) by 2.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 675,575 shares of the luxury accessories retailer's stoc

Oppenheimer Asset Management Inc. lowered its position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 21.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,219 shares of the

Tapestry, Inc. (NYSE:TPR - Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 3,590,000 shares, a decline of 19.3% from the August 15th total of 4,450,000 shares. Currently, 1.6% of the shares of the company are short sold. Based on an average trading volume of 2,700,000 shares, the days-to-cover ratio is currently 1.3 days.

Qsemble Capital Management LP lowered its stake in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 78.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,530 shares of the luxury accessories retail

Valley Wealth Managers Inc. trimmed its stake in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 3.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 416,272 shares of the luxury accessories retailer's stock after selling 13,327 shares dur

Victory Capital Management Inc. lowered its stake in Tapestry, Inc. (NYSE:TPR - Free Report) by 13.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 403,704 shares of the luxury accessories retailer's stock after selling 60,

National Bank of Canada FI reduced its position in Tapestry, Inc. (NYSE:TPR - Free Report) by 87.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,679 shares of the luxury accessories retailer's stock after selling 439,063 shares du

Varma Mutual Pension Insurance Co lowered its stake in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 52.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 172,200 shares of the luxury accessories retailer's stock af

Los Angeles Capital Management LLC trimmed its stake in Tapestry, Inc. (NYSE:TPR - Free Report) by 35.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 257,562 shares of the luxury access

Poplar Forest Capital LLC lowered its position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 27.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 318,842 shares of the luxury accessories retailer's stock after selling 121,516 shares during the

Foster & Motley Inc. bought a new position in Tapestry, Inc. (NYSE:TPR - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,264 shares of the luxury accessories retailer's stock, valued at approximately $610,000. Sever

Tapestry, Inc. (NYSE:TPR - Get Free Report) has earned an average rating of "Moderate Buy" from the fourteen research firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The aver

Natixis Advisors LLC lifted its position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 43.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 528,432 shares of the luxury accessorie

Fiera Capital Corp grew its stake in Tapestry, Inc. (NYSE:TPR - Free Report) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,462,721 shares of the luxury accessories retailer's stock afte

Lee Danner & Bass Inc. acquired a new stake in Tapestry, Inc. (NYSE:TPR - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 34,323 shares of the luxury accessories retailer's stock, valued at approximatel

Bank of New York Mellon Corp grew its holdings in Tapestry, Inc. (NYSE:TPR - Free Report) by 1.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,732,590 shares of the luxury accessories retailer's stock after acquiring an additional 46,7

New York State Teachers Retirement System reduced its holdings in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,520 shares of the luxury accessories

Raymond James & Associates increased its position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) by 9.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 463,654 shares of the luxury accessories retai

Tapestry, Inc. (NYSE:TPR - Get Free Report) was the recipient of unusually large options trading on Wednesday. Investors bought 9,563 put options on the company. This represents an increase of 193% compared to the typical volume of 3,264 put options.

Earnings reports from Walmart, Home Depot, and Tapestry reveal that value-driven strategies thrive, discretionary spending is cooling, and luxury is resilient.

Tapestry, Inc. (NYSE:TPR - Free Report) - Stock analysts at Telsey Advisory Group lowered their Q1 2025 earnings per share estimates for shares of Tapestry in a research note issued to investors on Friday, August 16th. Telsey Advisory Group analyst D. Telsey now forecasts that the luxury accessor

Swedbank AB increased its position in Tapestry, Inc. (NYSE:TPR - Free Report) by 206.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 999,802 shares of the luxury accessories retailer's stock after purcha

Tapestry (NYSE:TPR - Get Free Report) issued its quarterly earnings data on Thursday. The luxury accessories retailer reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.04. The business had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.58 billion. Tapestry had a return on equity of 39.78% and a net margin of 13.15%. The firm's quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.95 EPS.

UBS Group cut their price target on shares of Tapestry from $42.00 to $40.00 and set a "neutral" rating on the stock in a research note on Friday.

Tapestry, Inc. (NYSE:TPR) announced a quarterly dividend on Thursday, August 15th. Investors of record on Friday, September 6th will be paid a dividend of 0.35 per share by the luxury accessories retailer on Monday, September 23rd. This represents a $1.40 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, September 6th.