Fortis Group Advisors LLC Increases Stock Holdings in Capri Holdings Limited $CPRI

Fortis Group Advisors LLC boosted its stake in Capri Holdings Limited (NYSE:CPRI) by 243.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,792 shares of the company’s stock after acquiring an additional 48,049 shares during the period. Fortis Group Advisors LLC owned 0.06% of Capri worth $1,407,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CPRI. Quantbot Technologies LP bought a new stake in shares of Capri during the 2nd quarter valued at about $39,000. CWM LLC lifted its holdings in Capri by 37.2% in the second quarter. CWM LLC now owns 2,360 shares of the company’s stock worth $42,000 after buying an additional 640 shares during the period. Hantz Financial Services Inc. lifted its holdings in Capri by 167.4% in the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock worth $54,000 after buying an additional 1,691 shares during the period. Root Financial Partners LLC bought a new stake in Capri during the 3rd quarter valued at approximately $60,000. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Capri by 17.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,349 shares of the company’s stock worth $87,000 after acquiring an additional 632 shares during the period. 84.34% of the stock is currently owned by institutional investors.

Insider Transactions at Capri

In other Capri news, CFO Rajal Mehta sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the completion of the sale, the chief financial officer directly owned 741 shares in the company, valued at $19,236.36. The trade was a 93.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CPRI. UBS Group restated a “neutral” rating and issued a $22.00 target price on shares of Capri in a research note on Wednesday, February 4th. Robert W. Baird upgraded shares of Capri from a “neutral” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Wednesday, February 4th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 target price on shares of Capri in a research report on Tuesday, February 3rd. BTIG Research reissued a “buy” rating and set a $30.00 price target on shares of Capri in a research report on Friday, January 30th. Finally, Wells Fargo & Company cut their price objective on shares of Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $26.46.

Capri Trading Down 0.3%

Shares of NYSE:CPRI opened at $20.36 on Wednesday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.14 and a quick ratio of 0.52. Capri Holdings Limited has a 1 year low of $11.86 and a 1 year high of $28.26. The company has a market cap of $2.43 billion, a P/E ratio of -4.78, a PEG ratio of 0.42 and a beta of 1.45. The stock’s fifty day moving average price is $23.92 and its 200-day moving average price is $22.46.

Capri (NYSE:CPRI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.03. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $999.84 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.Capri’s revenue was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 EPS. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. Sell-side analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current year.

About Capri

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.