Savvy Advisors Inc. Acquires Shares of 3,322 Tapestry, Inc. $TPR

Savvy Advisors Inc. bought a new position in Tapestry, Inc. (NYSE:TPR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,322 shares of the luxury accessories retailer’s stock, valued at approximately $376,000.

Several other institutional investors and hedge funds have also modified their holdings of TPR. Schroder Investment Management Group increased its stake in shares of Tapestry by 1,661.6% in the second quarter. Schroder Investment Management Group now owns 4,002,818 shares of the luxury accessories retailer’s stock worth $351,487,000 after acquiring an additional 3,775,593 shares during the last quarter. Norges Bank acquired a new position in Tapestry in the 2nd quarter worth about $227,248,000. Massachusetts Financial Services Co. MA raised its stake in shares of Tapestry by 250.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,449,170 shares of the luxury accessories retailer’s stock worth $277,295,000 after purchasing an additional 1,750,566 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Tapestry by 36.0% during the 2nd quarter. AQR Capital Management LLC now owns 3,546,969 shares of the luxury accessories retailer’s stock valued at $311,388,000 after buying an additional 939,227 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Tapestry by 2,547.4% during the 2nd quarter. Marshall Wace LLP now owns 955,667 shares of the luxury accessories retailer’s stock valued at $83,917,000 after buying an additional 919,569 shares during the last quarter. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Tapestry

In other news, insider David E. Howard sold 25,029 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $102.50, for a total value of $2,565,472.50. Following the sale, the insider owned 55,354 shares in the company, valued at approximately $5,673,785. This trade represents a 31.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Scott A. Roe sold 44,290 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $152.62, for a total transaction of $6,759,539.80. Following the transaction, the chief financial officer directly owned 139,128 shares in the company, valued at $21,233,715.36. This trade represents a 24.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 217,401 shares of company stock valued at $27,574,441. 1.32% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Tapestry in a report on Wednesday, January 21st. Telsey Advisory Group boosted their target price on shares of Tapestry to $150.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Evercore raised their price target on shares of Tapestry from $129.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Barclays set a $179.00 price objective on shares of Tapestry and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, Zacks Research raised shares of Tapestry from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $145.05.

More 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

Tapestry Stock Performance

NYSE:TPR opened at $153.66 on Monday. Tapestry, Inc. has a 1 year low of $58.39 and a 1 year high of $158.28. The firm’s fifty day simple moving average is $131.49 and its 200 day simple moving average is $116.59. 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 market capitalization of $31.11 billion, a PE ratio of 63.49, a PEG ratio of 1.89 and a beta of 1.63.

Tapestry (NYSE:TPR) last released its 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 firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.29 billion. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. On average, sell-side analysts anticipate that Tapestry, Inc. will post 4.91 EPS for the current year.

Tapestry announced that its board has authorized a stock buyback plan on Thursday, November 6th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the luxury accessories retailer to reacquire up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Tapestry Announces Dividend

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

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.