Todd Asset Management LLC Sells 144,455 Shares of Tapestry, Inc. $TPR

Todd Asset Management LLC cut its holdings in shares of Tapestry, Inc. (NYSE:TPR) by 25.8% during the third quarter, Holdings Channel reports. The fund owned 415,886 shares of the luxury accessories retailer’s stock after selling 144,455 shares during the quarter. Todd Asset Management LLC’s holdings in Tapestry were worth $47,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new stake in shares of Tapestry during the 3rd quarter worth about $26,000. Vestor Capital LLC acquired a new stake in Tapestry during the second quarter worth approximately $27,000. CVA Family Office LLC lifted its position in Tapestry by 224.8% during the second quarter. CVA Family Office LLC now owns 380 shares of the luxury accessories retailer’s stock worth $33,000 after acquiring an additional 263 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Tapestry during the second quarter worth approximately $39,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Tapestry in the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 90.77% of the company’s stock.

Tapestry Trading Up 0.7%

Shares of Tapestry stock opened at $153.66 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.63 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 company has a market capitalization 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 firm’s 50-day moving average price is $131.49 and its two-hundred day moving average price is $116.59.

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. The company had revenue of $2.50 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. On average, analysts forecast that Tapestry, Inc. will post 4.91 earnings per share for the current fiscal year.

Tapestry Announces Dividend

The firm 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. 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 payout ratio is 66.12%.

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

Wall Street Analyst Weigh In

TPR has been the subject of several research reports. Robert W. Baird set a $160.00 price target on Tapestry in a report on Friday, February 6th. Barclays set a $179.00 target price on Tapestry and gave the stock an “overweight” rating in a report on Friday, February 6th. Evercore upped their price target on shares of Tapestry from $129.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Tapestry from $147.00 to $148.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Finally, Guggenheim initiated coverage on shares of Tapestry in a report on Tuesday, December 9th. They issued a “neutral” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Tapestry has an average rating of “Moderate Buy” and a consensus target price of $145.05.

Insider Buying and Selling at Tapestry

In related news, CFO Scott A. Roe sold 44,290 shares of Tapestry stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $152.62, for a total transaction of $6,759,539.80. Following the sale, the chief financial officer directly owned 139,128 shares of the company’s stock, valued at approximately $21,233,715.36. The trade was a 24.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Denise Kulikowsky sold 9,166 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $155.62, for a total transaction of $1,426,412.92. Following the sale, the insider directly owned 26,942 shares in the company, valued at approximately $4,192,714.04. The trade was a 25.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 217,401 shares of company stock worth $27,574,441 over the last quarter. 1.32% of the stock is currently owned by company insiders.

Key Stories Impacting Tapestry

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

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.