Metis Global Partners LLC Grows Holdings in Tapestry, Inc. $TPR

Metis Global Partners LLC lifted its position in shares of Tapestry, Inc. (NYSE:TPR) by 126.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 11,275 shares of the luxury accessories retailer’s stock after purchasing an additional 6,306 shares during the period. Metis Global Partners LLC’s holdings in Tapestry were worth $1,277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TPR. Cloud Capital Management LLC acquired a new position in Tapestry in the 3rd quarter worth about $26,000. Vestor Capital LLC purchased a new stake in shares of Tapestry in the second quarter valued at approximately $27,000. CVA Family Office LLC raised its stake in shares of Tapestry by 224.8% during the 2nd quarter. CVA Family Office LLC now owns 380 shares of the luxury accessories retailer’s stock worth $33,000 after buying an additional 263 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of Tapestry during the 2nd quarter valued at approximately $39,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Tapestry in the 2nd quarter valued at $45,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Insider Activity

In other news, CEO Todd Kahn sold 39,815 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $151.34, for a total value of $6,025,602.10. Following the completion of the sale, the chief executive officer owned 120,578 shares of the company’s stock, valued at $18,248,274.52. This represents a 24.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Joanne C. Crevoiserat sold 31,735 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $105.31, for a total transaction of $3,342,012.85. Following the sale, the chief executive officer owned 667,233 shares of the company’s stock, valued at $70,266,307.23. This represents a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 217,401 shares of company stock worth $27,574,441. Insiders own 1.32% of the company’s stock.

Tapestry Stock Up 0.7%

TPR stock opened at $153.66 on Monday. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 4.32. The firm has a 50-day moving average of $131.49 and a two-hundred day moving average of $116.59. Tapestry, Inc. has a 12 month low of $58.39 and a 12 month high of $158.28. 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.

Tapestry (NYSE:TPR) last posted its quarterly earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.49. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The business had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the business earned $2.00 earnings per share. The business’s 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, analysts forecast that Tapestry, Inc. will post 4.91 earnings per share for the current fiscal year.

Tapestry announced that its board has approved a share buyback plan on Thursday, November 6th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the luxury accessories retailer to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Tapestry Announces Dividend

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

Analyst Upgrades and Downgrades

TPR has been the subject of a number of research analyst reports. Robert W. Baird set a $160.00 price objective on shares of Tapestry in a research report on Friday, February 6th. Morgan Stanley boosted their target price on shares of Tapestry from $124.00 to $126.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Evercore upped their price target on shares of Tapestry from $129.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Zacks Research upgraded Tapestry from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Wall Street Zen lowered Tapestry from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Tapestry has a consensus rating of “Moderate Buy” and a consensus price target of $145.05.

Key Tapestry News

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.