Savant Capital LLC Acquires 7,110 Shares of Tapestry, Inc. $TPR

Savant Capital LLC lifted its stake in Tapestry, Inc. (NYSE:TPR) by 24.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,501 shares of the luxury accessories retailer’s stock after purchasing an additional 7,110 shares during the period. Savant Capital LLC’s holdings in Tapestry were worth $4,133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Woodline Partners LP grew its holdings in Tapestry by 25.0% during the first quarter. Woodline Partners LP now owns 17,490 shares of the luxury accessories retailer’s stock valued at $1,231,000 after purchasing an additional 3,495 shares during the period. Acadian Asset Management LLC bought a new position in shares of Tapestry during the first quarter worth $493,000. Sivia Capital Partners LLC acquired a new position in shares of Tapestry in the 2nd quarter valued at $602,000. Janney Montgomery Scott LLC increased its position in shares of Tapestry by 292.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 30,733 shares of the luxury accessories retailer’s stock valued at $2,699,000 after buying an additional 22,899 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in Tapestry during the 2nd quarter worth $37,000. Institutional investors own 90.77% of the company’s stock.

Insider Activity

In other news, CFO Scott A. Roe sold 18,794 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $104.85, for a total transaction of $1,970,550.90. Following the completion of the sale, the chief financial officer owned 148,149 shares of the company’s stock, valued at approximately $15,533,422.65. This represents a 11.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider David E. Howard sold 25,029 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $102.50, for a total value of $2,565,472.50. Following the sale, the insider owned 55,354 shares of the company’s stock, valued at $5,673,785. The trade was a 31.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 115,485 shares of company stock worth $12,034,058. 1.32% of the stock is currently owned by insiders.

Trending Headlines about Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q2 beat and materially raised FY‑2026 guidance — Tapestry reported $2.69 EPS vs. ~$2.20 consensus and $2.50B revenue (up 14% YoY); management raised FY26 EPS guidance to $6.40–$6.45 and lifted revenue plans (~$7.8B), signaling stronger-than-expected margin and top‑line momentum. Read More.
• Positive Sentiment: BTIG increased its price target to $175 and kept a “buy” rating — a meaningful upside signal from a sell‑side firm. Read More.
• Positive Sentiment: Citigroup raised its price target to $165 and moved to “buy,” reinforcing analyst enthusiasm after the quarter. Read More.
• Positive Sentiment: Evercore raised its target (to $150) — another upgrade contributing to bullish analyst momentum. Read More.
• Positive Sentiment: Declared dividend — Tapestry announced a $0.40 quarterly dividend (record/ex‑dividend date March 6), which supports income investors and signals confidence from the board.
• Positive Sentiment: Technical/market interest — Relative Strength (RS) rating jumped to 94 and the stock hit all‑time highs as investors digested the results, increasing momentum and retail/institutional attention. Read More.
• Neutral Sentiment: Telsey Advisory Group set an “outperform” rating with a $150 target (slightly below the intra‑day price), reflecting mixed near‑term upside expectations. Read More.
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read of margin drivers, geographic trends and brand performance. These are useful for modeling but are informational rather than new catalysts. Read More.
• Negative Sentiment: At least one analyst argued Coach’s momentum is unsustainable and issued a downgrade note — a cautionary view that could temper enthusiasm if future comps slow. Read More.

Tapestry Stock Performance

Shares of TPR opened at $151.97 on Friday. The company has a market cap of $31.10 billion, a PE ratio of 62.80, a price-to-earnings-growth ratio of 2.49 and a beta of 1.63. The firm has a 50-day moving average of $127.42 and a 200-day moving average of $114.91. Tapestry, Inc. has a one year low of $58.39 and a one year high of $153.13. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.63 and a quick ratio of 0.93.

Tapestry (NYSE:TPR) last posted its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.49. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, equities analysts forecast that Tapestry, Inc. will post 4.91 earnings per share for the current year.

Tapestry declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the luxury accessories retailer to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Tapestry Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Tapestry’s dividend payout ratio is currently 142.86%.

Analysts Set New Price Targets

Several research firms have recently weighed in on TPR. Robert W. Baird set a $160.00 price objective on Tapestry in a report on Friday. Jefferies Financial Group lowered shares of Tapestry from a “buy” rating to a “hold” rating and cut their price target for the company from $142.00 to $138.00 in a research note on Wednesday, January 14th. Argus raised shares of Tapestry to a “strong-buy” rating in a research report on Friday, January 16th. Guggenheim assumed coverage on shares of Tapestry in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, Evercore upped their target price on shares of Tapestry from $129.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $142.33.

Tapestry Profile

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.