Tidal Investments LLC Boosts Stake in Tapestry, Inc. $TPR

Posted by Brenda Bartman on Sep 12th, 2026

Tidal Investments LLC grew its holdings in shares of Tapestry, Inc. (NYSE:TPR – Free Report) by 14.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,741 shares of the luxury accessories retailer’s stock after buying an additional 8,656 shares during the period. Tidal Investments LLC’s holdings in Tapestry were worth $9,916,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TPR. Eurizon Capital SGR S.p.A. bought a new position in shares of Tapestry during the fourth quarter valued at $8,109,000. Norges Bank purchased a new position in shares of Tapestry in the fourth quarter worth approximately $345,349,000. Keystone Investors PTE Ltd. grew its position in shares of Tapestry by 17.4% during the 4th quarter. Keystone Investors PTE Ltd. now owns 62,622 shares of the luxury accessories retailer’s stock valued at $8,001,000 after acquiring an additional 9,303 shares during the period. SEB Asset Management AB bought a new stake in Tapestry during the first quarter valued at about $59,525,000. Finally, Vega Investment Solutions purchased a new stake in Tapestry in the 2nd quarter worth approximately $10,322,000. 90.77% of the stock is currently owned by institutional investors.

Tapestry Price Performance

TPR opened at $118.39 on Friday. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.25. The firm has a market capitalization of $23.61 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.47 and a beta of 1.42. The business’s 50-day moving average is $137.94 and its two-hundred day moving average is $142.10. Tapestry, Inc. has a 1 year low of $93.00 and a 1 year high of $164.80.

Tapestry (NYSE:TPR – Get Free Report) last posted its earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.04. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. Tapestry’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 earnings per share. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Research analysts anticipate that Tapestry, Inc. will post 7.94 earnings per share for the current fiscal year.

Tapestry Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be given a dividend of $0.4625 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.85 annualized dividend and a yield of 1.6%. This is a boost from Tapestry’s previous quarterly dividend of $0.40. Tapestry’s payout ratio is presently 25.38%.

Analysts Set New Price Targets

TPR has been the topic of a number of recent analyst reports. BTIG Research decreased their price target on Tapestry from $180.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Barclays upped their target price on shares of Tapestry from $182.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Daiwa Securities Group upgraded Tapestry from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Zacks Research lowered Tapestry from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen cut shares of Tapestry from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $175.12.

Check Out Our Latest Report on Tapestry

Insiders Place Their Bets

In other news, CEO Joanne Crevoiserat sold 27,761 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $132.47, for a total transaction of $3,677,499.67. Following the sale, the chief executive officer directly owned 666,149 shares of the company’s stock, valued at $88,244,758.03. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Denise Kulikowsky sold 5,810 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $115.38, for a total value of $670,357.80. Following the completion of the transaction, the insider directly owned 21,136 shares in the company, valued at $2,438,671.68. This represents a 21.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.32% of the stock is owned by insiders.

Tapestry Company Profile

(Free Report)

Tapestry, Inc is a global house of modern luxury accessories and lifestyle brands. Its portfolio includes Coach, known for handbags, leather goods, footwear, apparel, jewelry, watches, and fragrance; Kate Spade New York, which offers handbags, accessories, apparel, footwear, jewelry, home products, and fragrance; and Stuart Weitzman, a designer of women’s luxury footwear.

The company sells its products through directly operated stores, e-commerce platforms, wholesale partners, and specialty retailers.