Capri Holdings Limited $CPRI Shares Sold by Bank of Montreal Can

Bank of Montreal Can trimmed its position in shares of Capri Holdings Limited (NYSE:CPRI) by 67.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,578 shares of the company’s stock after selling 119,401 shares during the quarter. Bank of Montreal Can’s holdings in Capri were worth $1,001,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise purchased a new stake in shares of Capri during the 1st quarter worth about $29,000. CWM LLC raised its holdings in Capri by 37.2% in the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock worth $42,000 after purchasing an additional 640 shares during the period. Brooklyn Investment Group boosted its position in Capri by 267.3% during the first quarter. Brooklyn Investment Group now owns 2,351 shares of the company’s stock worth $46,000 after purchasing an additional 1,711 shares in the last quarter. Pingora Partners LLC acquired a new stake in Capri in the first quarter valued at approximately $47,000. Finally, Quarry LP purchased a new stake in shares of Capri in the first quarter valued at approximately $62,000. 84.34% of the stock is owned by hedge funds and other institutional investors.

Capri Trading Up 0.3%

CPRI opened at $21.69 on Friday. The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of -2.31, a price-to-earnings-growth ratio of 0.45 and a beta of 1.90. The company’s 50 day simple moving average is $21.12 and its two-hundred day simple moving average is $19.47. Capri Holdings Limited has a 1-year low of $11.86 and a 1-year high of $26.23. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.17 and a quick ratio of 0.61.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.17). Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The company had revenue of $856.00 million during the quarter, compared to analysts’ expectations of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS. FY 2026 guidance at 1.200-1.400 EPS. Analysts expect that Capri Holdings Limited will post 0.98 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Raymond James Financial upgraded Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research report on Tuesday, October 21st. Wall Street Zen upgraded shares of Capri from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group lifted their target price on shares of Capri from $18.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. upgraded shares of Capri from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $21.00 to $30.00 in a research report on Wednesday, August 13th. Finally, Jefferies Financial Group raised their price target on shares of Capri from $19.00 to $21.00 and gave the company a “hold” rating in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.69.

Capri Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.