Ieq Capital LLC Trims Holdings in Tapestry, Inc. $TPR

Posted by George Bondi on Jun 13th, 2026

Ieq Capital LLC decreased its holdings in Tapestry, Inc. (NYSE:TPR – Free Report) by 10.6% in the 4th quarter, Holdings Channel reports. The firm owned 272,274 shares of the luxury accessories retailer’s stock after selling 32,209 shares during the period. Ieq Capital LLC’s holdings in Tapestry were worth $34,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in Tapestry by 21.7% in the 3rd quarter. Fisher Asset Management LLC now owns 608,266 shares of the luxury accessories retailer’s stock valued at $68,868,000 after purchasing an additional 108,278 shares during the last quarter. DNB Asset Management AS raised its position in Tapestry by 1,331.4% in the 3rd quarter. DNB Asset Management AS now owns 39,478 shares of the luxury accessories retailer’s stock valued at $4,470,000 after purchasing an additional 36,720 shares during the last quarter. Russell Investments Group Ltd. raised its position in Tapestry by 23.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 217,408 shares of the luxury accessories retailer’s stock valued at $24,615,000 after purchasing an additional 41,556 shares during the last quarter. Advisory Research Inc. raised its position in Tapestry by 30.1% in the 3rd quarter. Advisory Research Inc. now owns 228,107 shares of the luxury accessories retailer’s stock valued at $25,826,000 after purchasing an additional 52,747 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC raised its position in Tapestry by 420.8% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 24,233 shares of the luxury accessories retailer’s stock valued at $2,744,000 after purchasing an additional 19,580 shares during the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Tapestry Stock Performance

NYSE:TPR opened at $147.58 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.84 and a debt-to-equity ratio of 3.48. Tapestry, Inc. has a fifty-two week low of $78.59 and a fifty-two week high of $161.97. The stock has a market cap of $29.82 billion, a PE ratio of 47.30, a price-to-earnings-growth ratio of 1.48 and a beta of 1.42. The firm’s fifty day simple moving average is $142.25 and its 200-day simple moving average is $137.60.

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

Tapestry Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Tapestry’s dividend payout ratio is 51.28%.

Insiders Place Their Bets

In other news, CEO Joanne C. Crevoiserat sold 27,776 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $132.89, for a total transaction of $3,691,152.64. Following the transaction, the chief executive officer directly owned 652,434 shares of the company’s stock, valued at $86,701,954.26. This represents a 4.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Todd Kahn sold 19,557 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $140.02, for a total transaction of $2,738,371.14. Following the transaction, the chief executive officer directly owned 123,258 shares in the company, valued at approximately $17,258,585.16. This trade represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.32% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on TPR shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $180.00 price target on shares of Tapestry in a research report on Tuesday, June 2nd. Evercore set a $175.00 price objective on shares of Tapestry in a research report on Friday, May 8th. BNP Paribas Exane assumed coverage on shares of Tapestry in a research report on Friday, February 13th. They set an “outperform” rating and a $176.00 price objective for the company. BTIG Research restated a “buy” rating and set a $180.00 price objective on shares of Tapestry in a research report on Wednesday. Finally, Argus set a $165.00 price objective on shares of Tapestry in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $165.12.

Check Out Our Latest Report on TPR

About Tapestry

(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.