Royal Bank of Canada Has $3.10 Million Stock Holdings in Capri Holdings Limited $CPRI

Royal Bank of Canada reduced its position in shares of Capri Holdings Limited (NYSE:CPRI) by 20.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,094 shares of the company’s stock after selling 43,945 shares during the period. Royal Bank of Canada owned about 0.15% of Capri worth $3,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CPRI. Empowered Funds LLC boosted its position in Capri by 3.4% during the 4th quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock worth $405,000 after buying an additional 550 shares during the period. Los Angeles Capital Management LLC grew its holdings in Capri by 1.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock worth $1,018,000 after acquiring an additional 550 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in Capri by 14.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock valued at $105,000 after acquiring an additional 555 shares during the period. Oregon Public Employees Retirement Fund increased its position in Capri by 2.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,444 shares of the company’s stock valued at $431,000 after acquiring an additional 600 shares during the period. Finally, California State Teachers Retirement System increased its position in Capri by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 108,789 shares of the company’s stock valued at $1,926,000 after acquiring an additional 734 shares during the period. Institutional investors and hedge funds own 84.34% of the company’s stock.

Insider Buying and Selling

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $19.42, for a total transaction of $349,191.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.60% of the company’s stock.

Capri Stock Down 1.8%

Shares of NYSE CPRI opened at $15.33 on Friday. The company’s 50 day moving average price is $17.69 and its 200-day moving average price is $18.79. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.54 and a current ratio of 1.19. Capri Holdings Limited has a 52-week low of $14.77 and a 52-week high of $28.26. The company has a market capitalization of $1.74 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 0.33 and a beta of 1.41.

Capri (NYSE:CPRI) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The company had revenue of $769.00 million during the quarter, compared to analysts’ expectations of $757.61 million. During the same period in the prior year, the company posted $0.50 earnings per share. Capri’s revenue for the quarter was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. Equities analysts forecast that Capri Holdings Limited will post 2.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Weiss Ratings upgraded shares of Capri from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 28th. Telsey Advisory Group decreased their price objective on Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Thursday, August 6th. Bank of America lowered their target price on Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. UBS Group cut their target price on Capri from $20.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Finally, Robert W. Baird reduced their price target on Capri from $26.00 to $24.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $21.93.

Capri Profile

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.