Tapestry, Inc. (NYSE:TPR) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Tapestry has a consensus rating of "Moderate Buy" from 20 analysts (13 buys, 2 strong buys, 5 holds) with an average 12‑month price target of $153.33.
• Company insiders have been selling recently: Director Thomas Greco sold 14,245 shares (~$2.20M) and CEO Joanne Crevoiserat sold 48,795 shares (~$7.56M), with insiders offloading 164,956 shares (~$25.3M) over the past 90 days and owning 1.32% of the stock.
• Tapestry beat quarterly expectations with EPS of $2.69 vs. $2.20 est. and revenue of $2.50B vs. $2.29B, and issued FY2026 EPS guidance of $6.40–$6.45 (analysts expect $6.45); the company also pays a $0.40 quarterly dividend (1.1% yield).

Tapestry, Inc. (NYSE:TPR - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty ratings firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $153.3333.

Several brokerages have recently weighed in on TPR. Evercore lifted their target price on shares of Tapestry from $129.00 to $150.00 and gave the company an "outperform" rating in a research report on Tuesday, February 3rd. Zacks Research upgraded shares of Tapestry from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 9th. Wells Fargo & Company lifted their target price 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. Jefferies Financial Group lowered shares of Tapestry from a "buy" rating to a "hold" rating and reduced their price target for the company from $142.00 to $138.00 in a research report on Wednesday, January 14th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Tapestry in a research report on Wednesday, January 21st.

Insider Transactions at Tapestry

In other Tapestry news, Director Thomas Greco sold 14,245 shares of the business'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 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Joanne C. Crevoiserat sold 48,795 shares of the business's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $154.87, for a total transaction of $7,556,881.65. Following the completion of the transaction, the chief executive officer owned 671,193 shares in the company, valued at approximately $103,947,659.91. This trade represents a 6.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 164,956 shares of company stock valued at $25,297,262. 1.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On Tapestry

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its position in Tapestry by 8.0% in the first quarter. HB Wealth Management LLC now owns 12,793 shares of the luxury accessories retailer's stock valued at $1,805,000 after buying an additional 948 shares in the last quarter. Baer Investment Advisory LLC bought a new position in shares of Tapestry in the first quarter worth about $1,058,000. World Investment Advisors raised its stake in shares of Tapestry by 3.6% in the first quarter. World Investment Advisors now owns 1,979 shares of the luxury accessories retailer's stock worth $279,000 after acquiring an additional 69 shares during the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in shares of Tapestry in the first quarter worth about $222,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Tapestry in the first quarter worth about $6,192,000. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Price Performance

Shares of Tapestry stock opened at $146.60 on Tuesday. The company has a debt-to-equity ratio of 4.32, a quick ratio of 1.10 and a current ratio of 1.63. The firm's 50-day simple moving average is $147.92 and its 200-day simple moving average is $131.10. Tapestry has a twelve month low of $67.22 and a twelve month high of $161.97. The firm has a market cap of $29.68 billion, a P/E ratio of 60.58, a price-to-earnings-growth ratio of 1.75 and a beta of 1.59.

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 for the quarter, beating the consensus estimate of $2.20 by $0.49. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The business had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the business earned $2.00 EPS. The firm's revenue was up 14.0% on a year-over-year basis. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, research analysts expect that Tapestry will post 6.45 EPS for the current fiscal year.

Tapestry Dividend Announcement

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

Tapestry Company 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.

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