Tapestry, Inc. $TPR Shares Acquired by Advisory Research Inc.

Advisory Research Inc. raised its stake in Tapestry, Inc. (NYSE:TPR) by 30.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 228,107 shares of the luxury accessories retailer’s stock after acquiring an additional 52,747 shares during the quarter. Tapestry makes up approximately 3.4% of Advisory Research Inc.’s investment portfolio, making the stock its 9th largest position. Advisory Research Inc. owned approximately 0.11% of Tapestry worth $25,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TPR. Woodline Partners LP raised its position in Tapestry by 25.0% during the first quarter. Woodline Partners LP now owns 17,490 shares of the luxury accessories retailer’s stock worth $1,231,000 after acquiring an additional 3,495 shares during the period. Acadian Asset Management LLC purchased a new position in Tapestry in the 1st quarter valued at $493,000. Sivia Capital Partners LLC acquired a new stake in Tapestry during the 2nd quarter worth $602,000. ProShare Advisors LLC boosted its holdings in shares of Tapestry by 13.2% during the 2nd quarter. ProShare Advisors LLC now owns 35,438 shares of the luxury accessories retailer’s stock worth $3,112,000 after purchasing an additional 4,145 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Tapestry by 5.3% during the 2nd quarter. Allworth Financial LP now owns 14,079 shares of the luxury accessories retailer’s stock worth $1,236,000 after purchasing an additional 705 shares during the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Insider Buying and Selling at Tapestry

In other news, VP Manesh Dadlani sold 2,147 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $153.47, for a total transaction of $329,500.09. Following the transaction, the vice president directly owned 18,475 shares in the company, valued at approximately $2,835,358.25. This trade represents a 10.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Denise Kulikowsky sold 9,166 shares of Tapestry stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $155.62, for a total transaction of $1,426,412.92. Following the completion of the transaction, the insider directly owned 26,942 shares in the company, valued at $4,192,714.04. The trade was a 25.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 164,956 shares of company stock valued at $25,297,262. 1.32% of the stock is owned by insiders.

Tapestry Price Performance

Shares of TPR opened at $142.70 on Friday. The firm has a market capitalization of $28.89 billion, a price-to-earnings ratio of 58.97, a PEG ratio of 1.74 and a beta of 1.55. The firm’s fifty day simple moving average is $141.70 and its 200-day simple moving average is $122.64. Tapestry, Inc. has a twelve month low of $58.39 and a twelve month high of $161.97. 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 (NYSE:TPR) last posted its earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS for the quarter, beating the consensus estimate of $2.20 by $0.49. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the prior year, the company posted $2.00 earnings per share. Tapestry’s revenue for the quarter was up 14.0% compared to the same quarter last year. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. Equities analysts forecast that Tapestry, Inc. will post 4.91 EPS for the current fiscal year.

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 $0.40 dividend. 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 payout ratio is 66.12%.

Analyst Ratings Changes

TPR has been the subject of several recent research reports. The Goldman Sachs Group set a $166.00 price target on Tapestry in a report on Friday, February 6th. Argus set a $165.00 price objective on shares of Tapestry in a research report on Thursday. JPMorgan Chase & Co. raised 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. BTIG Research increased their price target on Tapestry from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Telsey Advisory Group upped their price target on Tapestry to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.06.

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.