Florida Financial Advisors LLC Takes Position in Tapestry, Inc. $TPR

Florida Financial Advisors LLC acquired a new stake in Tapestry, Inc. (NYSE:TPR) during the third quarter, according to its most recent filing with the SEC. The firm acquired 11,810 shares of the luxury accessories retailer’s stock, valued at approximately $1,337,000.

A number of other large investors also recently bought and sold shares of the company. Convergence Financial LLC lifted its stake in shares of Tapestry by 3.0% in the 2nd quarter. Convergence Financial LLC now owns 3,386 shares of the luxury accessories retailer’s stock worth $297,000 after acquiring an additional 98 shares during the period. Earned Wealth Advisors LLC lifted its position in Tapestry by 1.6% in the second quarter. Earned Wealth Advisors LLC now owns 7,304 shares of the luxury accessories retailer’s stock valued at $641,000 after purchasing an additional 116 shares during the period. Blue Trust Inc. lifted its position in Tapestry by 19.7% in the third quarter. Blue Trust Inc. now owns 741 shares of the luxury accessories retailer’s stock valued at $84,000 after purchasing an additional 122 shares during the period. Wedmont Private Capital boosted its holdings in Tapestry by 3.3% in the 3rd quarter. Wedmont Private Capital now owns 4,352 shares of the luxury accessories retailer’s stock valued at $502,000 after purchasing an additional 139 shares in the last quarter. Finally, 44 Wealth Management LLC increased its position in Tapestry by 0.8% during the 2nd quarter. 44 Wealth Management LLC now owns 19,018 shares of the luxury accessories retailer’s stock worth $1,670,000 after purchasing an additional 142 shares during the period. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Insider Buying and Selling at Tapestry

In other Tapestry news, insider Denise Kulikowsky sold 9,166 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $155.62, for a total transaction of $1,426,412.92. Following the sale, the insider directly owned 26,942 shares of the company’s stock, valued at $4,192,714.04. This trade represents a 25.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Scott A. Roe sold 44,290 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $21,233,715.36. This represents a 24.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 217,401 shares of company stock valued at $27,574,441. 1.32% of the stock is owned by company insiders.

Trending Headlines about Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 beat and FY2026 guidance: Tapestry reported a sizable Q4 beat (EPS and revenue) and set FY26 EPS guidance of $6.40–$6.45, reinforcing growth expectations and supporting the rally. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns: Board authorized a $1.0B buyback (~4.9% of shares) and declared a quarterly dividend ($0.40), which supports shareholder yield and signals board confidence. MarketBeat TPR coverage
• Positive Sentiment: Positive research/upgrade flow: Multiple outlets have upgraded or raised targets (BTIG, Wells Fargo, Barclays and others), and Zacks highlights TPR as a strong growth stock — these notes can attract demand from institutional and retail investors. Zacks: Here’s Why Tapestry is a Strong Growth Stock
• Positive Sentiment: Dividend-growth screen inclusion: Tapestry appears on lists of dividend-growth picks, which may support longer-term, income‑focused buying. Zacks: Buy These 5 Dividend Growth Stocks
• Neutral Sentiment: Media/TV attention is boosting short‑term flows: Coverage (e.g., Jim Cramer) is drawing trading interest but doesn’t change fundamentals — may add volatility. MSN / Cramer coverage
• Neutral Sentiment: Analyst upside may be partly priced in: Several firms have raised targets, which helps sentiment but could limit near‑term upside if expectations are already reflected in the share price.
• Negative Sentiment: Heavy insider selling this week: Multiple insiders sold substantial blocks (CEO Todd Kahn, CFO Scott Roe, and other officers/directors), which reduces insider holdings ~20–25% in some cases and may prompt investor concern or short‑term selling pressure. InsiderTrades roundup

Tapestry Stock Performance

NYSE:TPR opened at $153.66 on Friday. 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 company has a market capitalization of $31.11 billion, a P/E ratio of 63.49, a price-to-earnings-growth ratio of 1.87 and a beta of 1.63. The firm has a 50-day moving average price of $131.49 and a two-hundred day moving average price of $116.47. Tapestry, Inc. has a twelve month low of $58.39 and a twelve month high of $158.28.

Tapestry (NYSE:TPR) last released its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS 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 prior year, the business earned $2.00 earnings per share. The company’s quarterly 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, Inc. will post 4.91 earnings per share for the current fiscal year.

Tapestry declared that its Board of Directors has authorized a share repurchase program 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 buy up to 4.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Tapestry Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. BTIG Research lifted their price target on Tapestry from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Guggenheim started coverage on shares of Tapestry in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. UBS Group reaffirmed a “neutral” rating and set a $141.00 price target on shares of Tapestry in a research note on Monday. Wall Street Zen cut shares of Tapestry from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Finally, Raymond James Financial increased their target price on shares of Tapestry from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $145.05.

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.