Tapestry (NYSE:TPR) Director Anne Gates Sells 6,498 Shares of Stock

Tapestry, Inc. (NYSE:TPR) Director Anne Gates sold 6,498 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $153.79, for a total transaction of $999,327.42. Following the completion of the transaction, the director owned 22,698 shares in the company, valued at approximately $3,490,725.42. This trade represents a 22.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Tapestry Stock Down 1.3%

NYSE TPR opened at $152.63 on Friday. Tapestry, Inc. has a one year low of $58.39 and a one year high of $158.28. The firm has a market cap of $30.90 billion, a PE ratio of 63.07, a price-to-earnings-growth ratio of 1.91 and a beta of 1.63. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.63 and a quick ratio of 1.10. The stock’s 50 day simple moving average is $130.74 and its 200 day simple moving average 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, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company posted $2.00 EPS. The company’s 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. As a group, sell-side analysts forecast 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 buyback program on Thursday, November 6th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the luxury accessories retailer to purchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Tapestry Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Castleark Management LLC bought a new stake in shares of Tapestry during the 4th quarter valued at approximately $18,154,000. Federation des caisses Desjardins du Quebec increased its position in shares of Tapestry by 93.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 43,283 shares of the luxury accessories retailer’s stock worth $5,528,000 after buying an additional 20,954 shares during the period. DRW Securities LLC acquired a new position in Tapestry in the fourth quarter valued at $411,000. Orion Porfolio Solutions LLC boosted its position in Tapestry by 5.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 38,823 shares of the luxury accessories retailer’s stock valued at $4,960,000 after acquiring an additional 2,006 shares during the last quarter. Finally, XXI Wealth LLC acquired a new stake in Tapestry during the 4th quarter worth about $530,000. Institutional investors own 90.77% of the company’s stock.

More Tapestry News

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

Analysts Set New Price Targets

A number of research firms have recently issued reports on TPR. Zacks Research upgraded shares of Tapestry from a “hold” rating to a “strong-buy” rating in a report on Monday. UBS Group reaffirmed a “neutral” rating and set a $141.00 price target on shares of Tapestry in a research report on Monday. Argus raised shares of Tapestry to a “strong-buy” rating in a research report on Friday, January 16th. Evercore upped their target price on shares of Tapestry from $129.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Finally, Robert W. Baird set a $160.00 price target on Tapestry in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.33.

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.