Atticus Wealth Management LLC Purchases 5,133 Shares of Tapestry, Inc. $TPR

Atticus Wealth Management LLC lifted its position in shares of Tapestry, Inc. (NYSE:TPR) by 53.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,820 shares of the luxury accessories retailer’s stock after buying an additional 5,133 shares during the quarter. Atticus Wealth Management LLC’s holdings in Tapestry were worth $1,678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in Tapestry by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 25,902,930 shares of the luxury accessories retailer’s stock worth $2,274,536,000 after purchasing an additional 606,686 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Tapestry by 3.0% during the second quarter. Geode Capital Management LLC now owns 5,500,858 shares of the luxury accessories retailer’s stock worth $482,125,000 after purchasing an additional 158,782 shares during the period. SRS Investment Management LLC raised its position in shares of Tapestry by 12.4% in the second quarter. SRS Investment Management LLC now owns 5,332,824 shares of the luxury accessories retailer’s stock valued at $468,275,000 after buying an additional 589,000 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Tapestry by 1,661.6% in the second quarter. Schroder Investment Management Group now owns 4,002,818 shares of the luxury accessories retailer’s stock valued at $351,487,000 after buying an additional 3,775,593 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Tapestry by 36.0% in the second quarter. AQR Capital Management LLC now owns 3,546,969 shares of the luxury accessories retailer’s stock valued at $311,388,000 after buying an additional 939,227 shares during the period. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Stock Up 0.7%

Shares of NYSE TPR opened at $153.66 on Monday. The company has a market cap of $31.11 billion, a price-to-earnings ratio of 63.49, a PEG ratio of 1.89 and a beta of 1.63. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 4.32. Tapestry, Inc. has a 12 month low of $58.39 and a 12 month high of $158.28. The stock has a 50-day moving average price of $131.49 and a two-hundred day moving average price of $116.59.

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 company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.29 billion. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period last year, the company posted $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, analysts forecast that Tapestry, Inc. will post 4.91 earnings per share for the current fiscal year.

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

Tapestry Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. Tapestry’s dividend payout ratio (DPR) is 66.12%.

Insiders Place Their Bets

In related news, insider David E. Howard sold 25,029 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $102.50, for a total value of $2,565,472.50. Following the completion of the transaction, the insider owned 55,354 shares in the company, valued at $5,673,785. This trade represents a 31.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Scott A. Roe sold 44,290 shares of Tapestry stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $152.62, for a total transaction of $6,759,539.80. Following the sale, the chief financial officer owned 139,128 shares in the company, valued at approximately $21,233,715.36. This represents a 24.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 217,401 shares of company stock worth $27,574,441. Company insiders own 1.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TPR shares. Guggenheim began coverage on Tapestry in a report on Tuesday, December 9th. They issued a “neutral” rating for the company. Robert W. Baird set a $160.00 price target on Tapestry in a research note on Friday, February 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Tapestry in a research report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Tapestry in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. upped their price target on shares of Tapestry from $147.00 to $148.00 and gave the stock an “overweight” rating in a report on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.05.

Tapestry News Summary

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 beat and FY2026 guidance: Tapestry reported a sizable Q4 beat (EPS and revenue) and set FY26 EPS guidance of $6.40–$6.45, reinforcing growth expectations and supporting the rally. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns: Board authorized a $1.0B buyback (~4.9% of shares) and declared a quarterly dividend ($0.40), which supports shareholder yield and signals board confidence. MarketBeat TPR coverage
• Positive Sentiment: Positive research/upgrade flow: Multiple outlets have upgraded or raised targets (BTIG, Wells Fargo, Barclays and others), and Zacks highlights TPR as a strong growth stock — these notes can attract demand from institutional and retail investors. Zacks: Here’s Why Tapestry is a Strong Growth Stock
• Positive Sentiment: Dividend-growth screen inclusion: Tapestry appears on lists of dividend-growth picks, which may support longer-term, income‑focused buying. Zacks: Buy These 5 Dividend Growth Stocks
• Neutral Sentiment: Media/TV attention is boosting short‑term flows: Coverage (e.g., Jim Cramer) is drawing trading interest but doesn’t change fundamentals — may add volatility. MSN / Cramer coverage
• Neutral Sentiment: Analyst upside may be partly priced in: Several firms have raised targets, which helps sentiment but could limit near‑term upside if expectations are already reflected in the share price.
• Negative Sentiment: Heavy insider selling this week: Multiple insiders sold substantial blocks (CEO Todd Kahn, CFO Scott Roe, and other officers/directors), which reduces insider holdings ~20–25% in some cases and may prompt investor concern or short‑term selling pressure. InsiderTrades roundup

About Tapestry

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.