Tapestry, Inc. $TPR Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc trimmed its stake in shares of Tapestry, Inc. (NYSE:TPR) by 12.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,036 shares of the luxury accessories retailer’s stock after selling 3,706 shares during the quarter. Prospera Financial Services Inc’s holdings in Tapestry were worth $2,948,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Great Diamond Partners LLC purchased a new stake in shares of Tapestry in the 3rd quarter valued at approximately $2,395,000. Stevens Capital Partners acquired a new position in shares of Tapestry during the third quarter worth $8,880,000. Three Seasons Wealth LLC purchased a new position in Tapestry in the third quarter valued at $1,882,000. Fisher Asset Management LLC raised its stake in Tapestry by 5,027.6% in the second quarter. Fisher Asset Management LLC now owns 499,988 shares of the luxury accessories retailer’s stock valued at $43,904,000 after buying an additional 490,237 shares in the last quarter. Finally, Abacus FCF Advisors LLC purchased a new stake in Tapestry during the 3rd quarter worth about $17,332,000. Institutional investors and hedge funds own 90.77% of the company’s stock.

Analysts Set New Price Targets

TPR has been the topic of a number of recent analyst reports. Telsey Advisory Group increased their price objective on Tapestry to $150.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their price target on Tapestry from $147.00 to $148.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Wells Fargo & Company increased their price target on shares of Tapestry from $142.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Zacks Research upgraded shares of Tapestry from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, UBS Group restated a “neutral” rating and issued a $141.00 target price on shares of Tapestry in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $143.33.

Tapestry Stock Performance

Shares of TPR opened at $152.63 on Friday. The company’s 50 day simple moving average is $130.74 and its 200-day simple moving average is $116.17. The firm has a market cap of $30.90 billion, a PE ratio of 63.07, a price-to-earnings-growth ratio of 1.91 and a beta of 1.63. Tapestry, Inc. has a 12-month low of $58.39 and a 12-month high of $158.28. 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 issued its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.49. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the business earned $2.00 EPS. Tapestry’s quarterly revenue was up 14.0% compared to the same quarter last year. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, equities analysts predict that Tapestry, Inc. will post 4.91 EPS for the current year.

Tapestry Dividend Announcement

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 issued 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 dividend yield of 1.0%. Tapestry’s dividend payout ratio (DPR) is currently 66.12%.

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

Insider Transactions at Tapestry

In other Tapestry news, insider David E. Howard sold 25,029 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $102.50, for a total transaction of $2,565,472.50. Following the completion of the sale, the insider directly owned 55,354 shares of the company’s stock, valued at $5,673,785. This represents a 31.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Scott A. Roe sold 44,290 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $152.62, for a total value of $6,759,539.80. Following the sale, the chief financial officer directly owned 139,128 shares of the company’s stock, valued at $21,233,715.36. The trade was a 24.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 217,401 shares of company stock worth $27,574,441 over the last three months. 1.32% of the stock is currently owned by company insiders.

More Tapestry News

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 results and guidance: Tapestry reported a meaningful Q4 beat (EPS and revenue) and set FY2026 EPS guidance of $6.40–$6.45, supporting the company’s growth story and valuation. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns and income: Board authorized a $1.0B buyback (≈4.9% of shares) and declared a quarterly dividend ($0.40), signaling confidence and supporting shareholder returns. MarketBeat TPR coverage
• Neutral Sentiment: Analyst activity: Several firms raised targets or reiterated positive views (Goldman Sachs, Citigroup, Bernstein); Zacks upgraded TPR to “strong-buy,” which can support demand over time but may already be priced in. Zacks upgrade
• Neutral Sentiment: Media commentary: Coverage and TV commentary (e.g., Jim Cramer) are driving short-term interest but are not new fundamental data. MSN / Cramer coverage
• Negative Sentiment: Large insider selling: Multiple insiders executed large sales this week — CEO Todd Kahn (~39,815 shares, ~$6.0M), CFO Scott Roe (44,290 shares, ~$6.76M), plus other officers/directors — reducing their holdings by ~20–25% each, which can signal near-term selling pressure or prompt investor concern. InsiderTrades roundup

Tapestry Company 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.