Fisher Asset Management LLC Purchases 667,116 Shares of Capri Holdings Limited $CPRI

Fisher Asset Management LLC lifted its position in Capri Holdings Limited (NYSE:CPRI) by 214.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 978,770 shares of the company’s stock after purchasing an additional 667,116 shares during the period. Fisher Asset Management LLC owned about 0.82% of Capri worth $17,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. CWM LLC boosted 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 buying an additional 640 shares during the period. Brooklyn Investment Group lifted its position in shares of Capri by 267.3% in the first quarter. Brooklyn Investment Group now owns 2,351 shares of the company’s stock valued at $46,000 after acquiring an additional 1,711 shares in the last quarter. Pingora Partners LLC bought a new position in shares of Capri in the first quarter worth about $47,000. Quarry LP purchased a new stake in shares of Capri during the first quarter worth about $62,000. Finally, Banque Transatlantique SA bought a new stake in Capri during the 1st quarter valued at approximately $65,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CPRI shares. Jefferies Financial Group upped their price target on Capri from $19.00 to $21.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. BTIG Research initiated coverage on shares of Capri in a research report on Tuesday, October 14th. They set a “buy” rating and a $30.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a research note on Wednesday, October 8th. Raymond James Financial upgraded shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price target on the stock in a research note on Tuesday, October 21st. Finally, Telsey Advisory Group raised their price objective on Capri from $22.00 to $23.00 and gave the company a “market perform” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $26.08.

Capri Price Performance

CPRI stock opened at $27.35 on Thursday. Capri Holdings Limited has a 52 week low of $11.86 and a 52 week high of $27.50. The firm has a market capitalization of $3.26 billion, a P/E ratio of -2.78, a price-to-earnings-growth ratio of 0.50 and a beta of 1.48. The company has a fifty day simple moving average of $21.96 and a two-hundred day simple moving average of $20.14. The company has a quick ratio of 0.69, a current ratio of 1.25 and a debt-to-equity ratio of 3.97.

Capri (NYSE:CPRI) last announced its earnings results on Tuesday, November 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.17). Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $856.00 million for the quarter, compared to analysts’ expectations of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. Analysts anticipate that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Capri Company 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.