Telsey Advisory Group Forecasts Higher Earnings for Tapestry

Tapestry, Inc. (NYSE:TPR) – Equities researchers at Telsey Advisory Group raised their Q1 2026 earnings per share (EPS) estimates for Tapestry in a note issued to investors on Friday, August 15th. Telsey Advisory Group analyst D. Telsey now anticipates that the luxury accessories retailer will earn $1.25 per share for the quarter, up from their previous estimate of $1.12. Telsey Advisory Group has a “Outperform” rating and a $125.00 price objective on the stock. The consensus estimate for Tapestry’s current full-year earnings is $4.91 per share. Telsey Advisory Group also issued estimates for Tapestry’s Q2 2026 earnings at $2.16 EPS.

Tapestry (NYSE:TPR) last announced its quarterly earnings results on Thursday, August 14th. The luxury accessories retailer reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.02. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.67 billion. Tapestry had a return on equity of 68.02% and a net margin of 2.61%. The company’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share.

TPR has been the subject of several other reports. Raymond James Financial reissued an “outperform” rating and issued a $115.00 price objective (up from $85.00) on shares of Tapestry in a research note on Tuesday, July 22nd. Barclays reissued an “overweight” rating and issued a $105.00 price objective (up from $98.00) on shares of Tapestry in a research note on Friday, July 11th. Sanford C. Bernstein reissued an “outperform” rating and issued a $112.00 price objective on shares of Tapestry in a research note on Friday. UBS Group lowered their price objective on Tapestry from $112.00 to $105.00 and set a “neutral” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. increased their price objective on Tapestry from $104.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Four analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.47.

Tapestry Stock Up 5.4%

Shares of NYSE:TPR opened at $100.90 on Monday. The business’s 50 day simple moving average is $96.88 and its two-hundred day simple moving average is $82.78. The firm has a market cap of $20.96 billion, a P/E ratio of 160.16, a PEG ratio of 2.54 and a beta of 1.51. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.31 and a current ratio of 1.87. Tapestry has a 52-week low of $39.10 and a 52-week high of $114.05.

Tapestry Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 22nd. Investors of record on Friday, September 5th will be paid a dividend of $0.40 per share. This is a positive change from Tapestry’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, September 5th. Tapestry’s dividend payout ratio is 222.22%.

Institutional Investors Weigh In On Tapestry

Large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. boosted its stake in Tapestry by 120.1% during the first quarter. Harbour Investments Inc. now owns 361 shares of the luxury accessories retailer’s stock valued at $25,000 after buying an additional 197 shares during the period. Flaharty Asset Management LLC bought a new stake in Tapestry during the first quarter valued at $25,000. First PREMIER Bank bought a new stake in Tapestry during the second quarter valued at $25,000. Vestor Capital LLC bought a new stake in Tapestry during the second quarter valued at $27,000. Finally, Greenline Partners LLC bought a new stake in Tapestry during the fourth quarter valued at $29,000. Institutional investors own 90.77% of the company’s stock.

About Tapestry

Tapestry, Inc provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women’s handbags; and women’s accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.