Focus Partners Advisor Solutions LLC Makes New Investment in Tapestry, Inc. $TPR

Focus Partners Advisor Solutions LLC bought a new stake in shares of Tapestry, Inc. (NYSE:TPRFree Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 22,006 shares of the luxury accessories retailer’s stock, valued at approximately $3,221,000.

Several other hedge funds have also made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new stake in shares of Tapestry in the fourth quarter valued at about $28,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in Tapestry during the 4th quarter worth about $32,000. Triumph Capital Management purchased a new position in Tapestry during the 3rd quarter valued at about $29,000. Cornerstone Planning Group LLC increased its position in Tapestry by 2,720.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 282 shares of the luxury accessories retailer’s stock valued at $36,000 after purchasing an additional 272 shares during the period. Finally, DV Equities LLC bought a new stake in shares of Tapestry in the 4th quarter valued at about $37,000. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Tapestry

In other Tapestry news, CEO Todd Kahn sold 19,557 shares of Tapestry stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $140.02, for a total value of $2,738,371.14. Following the transaction, the chief executive officer directly owned 123,258 shares of the company’s stock, valued at approximately $17,258,585.16. The trade was a 13.69% 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 the SEC website. Corporate insiders own 1.32% of the company’s stock.

Trending Headlines about Tapestry

Here are the key news stories impacting Tapestry this week:

  • Positive Sentiment: Tapestry reported fiscal fourth-quarter EPS of $1.32, above the $1.28 consensus estimate, while revenue of $1.88 billion also topped expectations. Revenue increased 8.9% year over year, and earnings rose from $1.04 per share in the prior-year quarter. Tapestry fiscal 2026 fourth-quarter and full-year results
  • Positive Sentiment: Coach continued to drive growth, supported by younger shoppers, higher average unit retail prices, unit expansion and international growth. Management said the brand’s momentum could remain durable through fiscal 2027, although growth may become more measured in the second half. Coach growth durability
  • Positive Sentiment: The company raised its quarterly dividend 15.6% to $0.4625 per share, payable September 21 to shareholders of record September 4. Tapestry also plans approximately $1.7 billion in shareholder returns, supporting the stock’s income and capital-return appeal. Fiscal 2027 outlook and shareholder returns
  • Neutral Sentiment: Fiscal 2027 EPS guidance of $7.80 to $7.90 is broadly in line with the roughly $7.82 analyst consensus, suggesting continued profit growth but limited upside relative to expectations. Tapestry earnings estimate beat
  • Negative Sentiment: Management projected fiscal 2027 revenue of $8.4 billion to $8.5 billion, slightly below the $8.5 billion consensus. Investors viewed the outlook as disappointing after the quarterly beat, particularly because Kate Spade’s recovery is taking longer and tariff pressure remains a risk. Tapestry forecasts weak annual sales

Tapestry Stock Performance

TPR stock opened at $129.11 on Friday. Tapestry, Inc. has a one year low of $93.00 and a one year high of $164.80. The firm has a market cap of $26.08 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 1.16 and a beta of 1.43. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.27 and a current ratio of 1.75. The firm has a 50-day simple moving average of $146.48 and a two-hundred day simple moving average of $144.63.

Tapestry (NYSE:TPRGet Free Report) last issued its quarterly earnings data on Thursday, August 13th. The luxury accessories retailer reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.04. The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.87 billion. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.04 EPS. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. On average, equities analysts forecast that Tapestry, Inc. will post 7.88 EPS for the current fiscal year.

Tapestry Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be paid a $0.4625 dividend. This represents a $1.85 annualized dividend and a yield of 1.4%. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, September 4th. Tapestry’s payout ratio is 51.28%.

Wall Street Analyst Weigh In

TPR has been the subject of several research reports. Barclays upped their price target on shares of Tapestry from $182.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday. Raymond James Financial reissued an “outperform” rating and issued a $165.00 price objective on shares of Tapestry in a research note on Thursday, April 23rd. Zacks Research lowered Tapestry from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Evercore set a $175.00 target price on Tapestry in a research report on Friday, May 8th. Finally, UBS Group lifted their price target on Tapestry from $230.00 to $232.00 and gave the company a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.12.

Read Our Latest Stock Analysis 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.

See Also

Want to see what other hedge funds are holding TPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tapestry, Inc. (NYSE:TPRFree Report).

Institutional Ownership by Quarter for Tapestry (NYSE:TPR)

Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.