Tapestry (NYSE:TPR) VP Manesh Dadlani Sells 2,147 Shares of Stock

Tapestry, Inc. (NYSE:TPR) VP Manesh Dadlani sold 2,147 shares of Tapestry stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $153.47, for a total value of $329,500.09. Following the transaction, the vice president owned 18,475 shares in the company, valued at $2,835,358.25. This trade represents a 10.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Tapestry Stock Down 1.3%

NYSE TPR opened at $152.63 on Friday. Tapestry, Inc. has a 52 week low of $58.39 and a 52 week high of $158.28. The company has a quick ratio of 1.10, a current ratio of 1.63 and a debt-to-equity ratio of 4.32. The company has a market capitalization of $30.90 billion, a P/E ratio of 63.07, a price-to-earnings-growth ratio of 1.91 and a beta of 1.63. The stock’s 50-day moving average price is $130.74 and its 200-day moving average price is $116.17.

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, topping 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 company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the firm posted $2.00 EPS. The firm’s quarterly 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. On average, equities research analysts predict that Tapestry, Inc. will post 4.91 earnings per share for the current year.

Tapestry announced that its board has approved a share buyback plan on Thursday, November 6th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the luxury accessories retailer to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Tapestry Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, March 6th. Tapestry’s dividend payout ratio is presently 66.12%.

Institutional Investors Weigh In On Tapestry

Several institutional investors have recently modified their holdings of 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 valued at $1,231,000 after purchasing an additional 3,495 shares during the last quarter. Acadian Asset Management LLC bought a new position in Tapestry during the first quarter valued at $493,000. Sivia Capital Partners LLC purchased a new stake in shares of Tapestry in the second quarter valued at $602,000. Ameritas Advisory Services LLC purchased a new stake in shares of Tapestry in the second quarter valued at $37,000. Finally, Blair William & Co. IL bought a new stake in shares of Tapestry in the 2nd quarter worth about $412,000. 90.77% of the stock is owned by institutional investors.

Tapestry News Roundup

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 results and guidance: Tapestry reported a meaningful Q4 beat (EPS and revenue) and set FY2026 EPS guidance of $6.40–$6.45, supporting the company’s growth story and valuation. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns and income: Board authorized a $1.0B buyback (≈4.9% of shares) and declared a quarterly dividend ($0.40), signaling confidence and supporting shareholder returns. MarketBeat TPR coverage
• Neutral Sentiment: Analyst activity: Several firms raised targets or reiterated positive views (Goldman Sachs, Citigroup, Bernstein); Zacks upgraded TPR to “strong-buy,” which can support demand over time but may already be priced in. Zacks upgrade
• Neutral Sentiment: Media commentary: Coverage and TV commentary (e.g., Jim Cramer) are driving short-term interest but are not new fundamental data. MSN / Cramer coverage
• Negative Sentiment: Large insider selling: Multiple insiders executed large sales this week — CEO Todd Kahn (~39,815 shares, ~$6.0M), CFO Scott Roe (44,290 shares, ~$6.76M), plus other officers/directors — reducing their holdings by ~20–25% each, which can signal near-term selling pressure or prompt investor concern. InsiderTrades roundup

Analyst Upgrades and Downgrades

TPR has been the topic of several recent analyst reports. Barclays set a $179.00 target price on Tapestry and gave the company an “overweight” rating in a research note on Friday, February 6th. Jefferies Financial Group cut shares of Tapestry from a “buy” rating to a “hold” rating and reduced their price objective for the company from $142.00 to $138.00 in a research report on Wednesday, January 14th. Sanford C. Bernstein reissued an “outperform” rating and issued a $170.00 target price on shares of Tapestry in a report on Friday, February 6th. Raymond James Financial increased their price objective on shares of Tapestry from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Tuesday, October 21st. Finally, Morgan Stanley boosted their target price on Tapestry from $124.00 to $126.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $143.33.

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.