Tapestry, Inc. $TPR Shares Acquired by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management boosted its stake in Tapestry by 347.1% in Q4 to 909,511 shares (about 0.44% of the company), and institutional investors now own 90.77% of the stock.
• Tapestry beat Q4 expectations, reporting $2.69 EPS vs. $2.20 est. and $2.50B revenue (up 14% YoY), and set FY2026 guidance of $6.40–$6.45 EPS.
• Insider activity was notable: CEO Joanne C. Crevoiserat sold 48,795 shares (~$7.56M) and insiders sold 164,956 shares (~$25.3M) over the last 90 days, leaving insiders with 1.32% ownership.

Robeco Institutional Asset Management B.V. increased its position in Tapestry, Inc. (NYSE:TPR - Free Report) by 347.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 909,511 shares of the luxury accessories retailer's stock after buying an additional 706,081 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.44% of Tapestry worth $116,208,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. State Street Corp lifted its holdings in shares of Tapestry by 19.3% in the third quarter. State Street Corp now owns 9,229,777 shares of the luxury accessories retailer's stock valued at $1,044,995,000 after buying an additional 1,494,193 shares during the period. Schroder Investment Management Group lifted its holdings in shares of Tapestry by 21.1% in the third quarter. Schroder Investment Management Group now owns 4,849,371 shares of the luxury accessories retailer's stock valued at $549,046,000 after buying an additional 846,553 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Tapestry by 21.4% during the third quarter. AQR Capital Management LLC now owns 4,307,615 shares of the luxury accessories retailer's stock valued at $487,708,000 after purchasing an additional 760,646 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Tapestry by 7.6% during the third quarter. Northern Trust Corp now owns 2,870,821 shares of the luxury accessories retailer's stock valued at $325,034,000 after purchasing an additional 203,520 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Tapestry by 250.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,449,170 shares of the luxury accessories retailer's stock valued at $277,295,000 after purchasing an additional 1,750,566 shares during the last quarter. Institutional investors and hedge funds own 90.77% of the company's stock.

Tapestry Stock Down 0.1%

NYSE:TPR opened at $150.19 on Monday. The firm has a market capitalization of $30.41 billion, a price-to-earnings ratio of 62.06, a PEG ratio of 1.80 and a beta of 1.59. Tapestry, Inc. has a 1-year low of $61.60 and a 1-year high of $161.97. 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 business's fifty day moving average price is $147.04 and its 200 day moving average price is $128.27.

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

Tapestry Announces Dividend

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

Insider Activity

In related news, CEO Joanne C. Crevoiserat sold 48,795 shares of the company's stock in a transaction 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 approximately $103,947,659.91. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Greco sold 14,245 shares of the company's stock in a transaction on 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 directly owned 21,302 shares in the company, valued at $3,289,880.88. The trade was a 40.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 164,956 shares of company stock valued at $25,297,262 in the last ninety days. Corporate insiders own 1.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Citigroup upped their target price on Tapestry from $152.00 to $165.00 and gave the company a "buy" rating in a report on Friday, February 6th. Telsey Advisory Group upped their target price on Tapestry to $150.00 and gave the company an "outperform" rating in a report on Thursday, February 5th. Wells Fargo & Company upped their target price on Tapestry from $142.00 to $165.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tapestry in a report on Wednesday, January 21st. Finally, Barclays set a $179.00 target price on Tapestry and gave the company an "overweight" rating in a report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $151.06.

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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