Jefferies Financial Group Inc. Sells 46,786 Shares of Tapestry, Inc. $TPR

Posted by George Bondi on May 25th, 2026

Jefferies Financial Group Inc. cut its position in shares of Tapestry, Inc. (NYSE:TPR – Free Report) by 37.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 79,009 shares of the luxury accessories retailer’s stock after selling 46,786 shares during the period. Jefferies Financial Group Inc.’s holdings in Tapestry were worth $10,095,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TPR. State Street Corp increased its position in shares of Tapestry by 19.3% during the third quarter. State Street Corp now owns 9,229,777 shares of the luxury accessories retailer’s stock valued at $1,044,995,000 after purchasing an additional 1,494,193 shares during the period. Voloridge Investment Management LLC grew its position in Tapestry by 160.5% in the third quarter. Voloridge Investment Management LLC now owns 1,886,518 shares of the luxury accessories retailer’s stock valued at $213,592,000 after acquiring an additional 1,162,442 shares during the period. Two Sigma Investments LP grew its position in Tapestry by 426.8% in the third quarter. Two Sigma Investments LP now owns 1,122,520 shares of the luxury accessories retailer’s stock valued at $127,092,000 after acquiring an additional 909,433 shares during the period. Barclays PLC grew its position in Tapestry by 191.9% in the third quarter. Barclays PLC now owns 1,297,394 shares of the luxury accessories retailer’s stock valued at $146,891,000 after acquiring an additional 852,908 shares during the period. Finally, Schroder Investment Management Group grew its position in Tapestry by 21.1% in the third quarter. Schroder Investment Management Group now owns 4,849,371 shares of the luxury accessories retailer’s stock valued at $549,046,000 after acquiring an additional 846,553 shares during the period. 90.77% of the stock is currently owned by institutional investors.

Tapestry Price Performance

Tapestry stock opened at $138.65 on Monday. The company has a debt-to-equity ratio of 3.48, a quick ratio of 1.27 and a current ratio of 1.84. The firm has a market cap of $28.01 billion, a P/E ratio of 44.44, a P/E/G ratio of 1.41 and a beta of 1.45. The business’s fifty day moving average is $142.33 and its two-hundred day moving average is $133.80. Tapestry, Inc. has a 52 week low of $76.29 and a 52 week high of $161.97.

Tapestry (NYSE:TPR – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The luxury accessories retailer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.36. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.79 billion. Tapestry had a return on equity of 229.70% and a net margin of 8.44%.The business’s revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Tapestry has set its FY 2026 guidance at 6.950-6.950 EPS. Equities research analysts forecast that Tapestry, Inc. will post 6.95 earnings per share for the current fiscal year.

Tapestry Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Tapestry’s payout ratio is currently 51.28%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Argus set a $165.00 price target on Tapestry in a research report on Thursday, March 12th. BNP Paribas Exane assumed coverage on Tapestry in a research report on Friday, February 13th. They issued an “outperform” rating and a $176.00 price target on the stock. UBS Group upgraded Tapestry from a “neutral” rating to a “buy” rating and upped their price target for the company from $142.00 to $187.00 in a research report on Friday, May 8th. Citigroup upped their price target on Tapestry from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Telsey Advisory Group upped their price target on Tapestry to $150.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Tapestry currently has an average rating of “Moderate Buy” and a consensus target price of $160.67.

Check Out Our Latest Report on Tapestry

Insider Buying and Selling

In other Tapestry news, CEO Joanne C. Crevoiserat sold 27,776 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $132.89, for a total value of $3,691,152.64. Following the transaction, the chief executive officer owned 652,434 shares of the company’s stock, valued at approximately $86,701,954.26. The trade was a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.32% of the company’s stock.

Tapestry Company Profile

(Free Report)

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.