Capri Holdings Limited $CPRI Stake Raised by Strs Ohio

Strs Ohio lifted its stake in Capri Holdings Limited (NYSE:CPRI) by 4,433.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,800 shares of the company’s stock after purchasing an additional 39,900 shares during the quarter. Strs Ohio’s holdings in Capri were worth $813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Capri during the second quarter valued at approximately $55,906,000. Geode Capital Management LLC grew its holdings in Capri by 42.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock valued at $51,032,000 after buying an additional 855,330 shares during the last quarter. State Street Corp increased its position in Capri by 19.3% during the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after acquiring an additional 724,967 shares during the period. Fisher Asset Management LLC raised its position in shares of Capri by 214.1% during the second quarter. Fisher Asset Management LLC now owns 978,770 shares of the company’s stock valued at $17,324,000 after buying an additional 667,116 shares during the last quarter. Finally, Jump Financial LLC raised its holdings in Capri by 474.6% in the 2nd quarter. Jump Financial LLC now owns 531,910 shares of the company’s stock valued at $9,415,000 after acquiring an additional 439,342 shares in the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Capri

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

Capri Stock Performance

CPRI opened at $23.04 on Thursday. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $28.26. The firm has a market capitalization of $2.74 billion, a PE ratio of -2.34, a PEG ratio of 0.47 and a beta of 1.45. The business’s 50-day simple moving average is $25.22 and its 200 day simple moving average is $22.27.

Capri (NYSE:CPRI) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) 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 company had revenue of $856.00 million during the quarter, compared to analyst estimates 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. On average, research analysts forecast that Capri Holdings Limited will post 0.98 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on CPRI shares. Jefferies Financial Group started coverage on shares of Capri in a research report on Wednesday, January 14th. They set a “hold” rating and a $24.00 target price on the stock. Wells Fargo & Company reiterated an “equal weight” rating and set a $27.00 price target (up previously from $25.00) on shares of Capri in a research report on Tuesday, December 16th. Citigroup raised Capri from a “buy” rating to a “mixed” rating in a report on Tuesday, January 20th. Raymond James Financial raised Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price target for the company in a research note on Tuesday, October 21st. Finally, BTIG Research started coverage on Capri in a research note on Tuesday, October 14th. They issued a “buy” rating and a $30.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.50.

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.