157,048 Shares in Tapestry, Inc. $TPR Purchased by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab established a new stake in Tapestry, buying 157,048 shares in Q4 worth about $20.34 million, roughly 0.08% of the company.
• Tapestry beat expectations with $2.69 EPS (vs. $2.20) and $2.50B revenue for the quarter, set FY2026 guidance of $6.40–$6.45 EPS, and carries a consensus rating of Moderate Buy with a $153.89 price target.
• Insiders have been net sellers—164,956 shares sold (~$25.3 million) in the past 90 days—while institutional investors hold about 90.77% of the stock.

PFA Pension Forsikringsaktieselskab bought a new position in shares of Tapestry, Inc. (NYSE:TPR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 157,048 shares of the luxury accessories retailer's stock, valued at approximately $20,342,000. PFA Pension Forsikringsaktieselskab owned approximately 0.08% of Tapestry as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TPR. Woodline Partners LP increased its position in shares of Tapestry by 25.0% during the 1st quarter. Woodline Partners LP now owns 17,490 shares of the luxury accessories retailer's stock worth $1,231,000 after purchasing an additional 3,495 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Tapestry during the 1st quarter worth about $493,000. Sivia Capital Partners LLC acquired a new stake in shares of Tapestry during the 2nd quarter worth about $602,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Tapestry during the 2nd quarter worth about $6,307,000. Finally, Brown Advisory Inc. increased its position in shares of Tapestry by 13.8% during the 2nd quarter. Brown Advisory Inc. now owns 3,630 shares of the luxury accessories retailer's stock worth $319,000 after purchasing an additional 439 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on TPR. Telsey Advisory Group raised their price objective on shares of Tapestry to $150.00 and gave the company an "outperform" rating in a research report on Thursday, February 5th. Barclays set a $179.00 price objective on shares of Tapestry and gave the company an "overweight" rating in a research report on Friday, February 6th. Wall Street Zen cut shares of Tapestry from a "strong-buy" rating to a "buy" rating in a research report on Saturday, April 11th. Argus set a $165.00 price objective on shares of Tapestry in a research report on Thursday, March 12th. Finally, Citigroup raised their price objective on shares of Tapestry from $165.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Tapestry currently has a consensus rating of "Moderate Buy" and a consensus price target of $153.89.

Tapestry Trading Up 0.1%

TPR opened at $142.83 on Monday. 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 has a market capitalization of $28.92 billion, a PE ratio of 59.02, a PEG ratio of 1.71 and a beta of 1.45. Tapestry, Inc. has a 1-year low of $70.81 and a 1-year high of $161.97. The firm has a 50-day moving average price of $147.31 and a two-hundred day moving average price of $131.75.

Tapestry (NYSE:TPR - Get Free Report) last issued its earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.49. The company had revenue of $2.50 billion for 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%. The company's revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, equities analysts anticipate that Tapestry, Inc. will post 6.46 earnings per share for the current fiscal year.

Tapestry Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. Tapestry's dividend payout ratio (DPR) is 66.12%.

Insider Buying and Selling

In other news, Director Thomas Greco sold 14,245 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $154.44, for a total value of $2,199,997.80. Following the transaction, the director owned 21,302 shares of the company's stock, valued at approximately $3,289,880.88. This trade represents a 40.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Scott A. Roe sold 44,290 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer directly owned 139,128 shares in the company, valued at $21,233,715.36. This trade represents a 24.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 164,956 shares of company stock worth $25,297,262. 1.32% of the stock is currently owned by company insiders.

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.

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