Allianz Asset Management GmbH Has $35.10 Million Stock Holdings in Capri Holdings Limited $CPRI

Allianz Asset Management GmbH grew its position in Capri Holdings Limited (NYSE:CPRI) by 51.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,762,170 shares of the company’s stock after buying an additional 602,123 shares during the period. Allianz Asset Management GmbH owned approximately 1.48% of Capri worth $35,102,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new position in Capri in the second quarter valued at about $39,000. CWM LLC lifted its holdings in shares of Capri by 37.2% during the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock valued at $42,000 after purchasing an additional 640 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Capri in the 3rd quarter valued at approximately $60,000. Traub Capital Management LLC bought a new stake in Capri during the 2nd quarter worth approximately $80,000. Finally, Nisa Investment Advisors LLC increased its stake in Capri by 17.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock worth $87,000 after purchasing an additional 632 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

Insider Transactions at Capri

In other Capri news, CFO Rajal Mehta sold 10,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total value of $259,600.00. Following the completion of the sale, the chief financial officer owned 741 shares in the company, valued at $19,236.36. This trade represents a 93.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 2.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of Capri from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Wednesday. Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research report on Tuesday, October 21st. TD Cowen reaffirmed a “buy” rating on shares of Capri in a research note on Wednesday. Zacks Research downgraded Capri from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Citigroup raised Capri from a “buy” rating to a “mixed” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.21.

Capri Trading Down 5.5%

Capri stock opened at $19.61 on Friday. The company has a market cap of $2.34 billion, a price-to-earnings ratio of -4.60, a P/E/G ratio of 0.41 and a beta of 1.45. The firm has a 50-day moving average of $24.87 and a 200-day moving average of $22.35. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.69. Capri Holdings Limited has a one year low of $11.86 and a one year high of $28.26.

Capri (NYSE:CPRI) last released its earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.03. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.Capri’s revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.63 earnings per share. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. On average, equities analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

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.