Tapestry, Inc. $TPR Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Posted by Stanley Muller on Nov 5th, 2026

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Tapestry, Inc. (NYSE:TPR – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 76,782 shares of the luxury accessories retailer’s stock, valued at approximately $8,833,000.

A number of other hedge funds have also recently made changes to their positions in TPR. World Investment Advisors lifted its holdings in Tapestry by 3.6% in the 1st quarter. World Investment Advisors now owns 1,979 shares of the luxury accessories retailer’s stock worth $279,000 after purchasing an additional 69 shares in the last quarter. Eastern Bank boosted its stake in Tapestry by 24.4% in the 2nd quarter. Eastern Bank now owns 392 shares of the luxury accessories retailer’s stock worth $57,000 after purchasing an additional 77 shares during the period. NewEdge Wealth LLC grew its holdings in Tapestry by 2.7% during the 1st quarter. NewEdge Wealth LLC now owns 3,186 shares of the luxury accessories retailer’s stock valued at $450,000 after buying an additional 85 shares in the last quarter. Ashton Thomas Securities LLC grew its holdings in Tapestry by 4.7% during the 1st quarter. Ashton Thomas Securities LLC now owns 2,002 shares of the luxury accessories retailer’s stock valued at $283,000 after buying an additional 90 shares in the last quarter. Finally, CX Institutional grew its holdings in Tapestry by 1.3% during the 3rd quarter. CX Institutional now owns 7,800 shares of the luxury accessories retailer’s stock valued at $897,000 after buying an additional 99 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on TPR. Zacks Research downgraded shares of Tapestry from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. BTIG Research reduced their price target on shares of Tapestry from $180.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Wells Fargo & Company dropped their price objective on shares of Tapestry from $160.00 to $150.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Wall Street Zen lowered Tapestry from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $185.00 price objective (up from $180.00) on shares of Tapestry in a research report on Friday, August 14th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $170.00.

View Our Latest Analysis on Tapestry

Tapestry Trading Up 3.5%

Shares of TPR opened at $125.30 on Thursday. The company’s fifty day moving average is $117.13 and its 200 day moving average is $136.92. Tapestry, Inc. has a fifty-two week low of $93.00 and a fifty-two week high of $164.80. The stock has a market capitalization of $24.98 billion, a PE ratio of 17.19, a P/E/G ratio of 1.53 and a beta of 1.44. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.25 and a current ratio of 1.75.

Tapestry (NYSE:TPR – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, beating the consensus estimate of $1.28 by $0.04. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. The business had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the business earned $1.04 earnings per share. Tapestry’s quarterly revenue was up 8.9% compared to the same quarter last year. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Sell-side analysts expect that Tapestry, Inc. will post 7.95 earnings per share for the current fiscal year.

Tapestry Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were issued a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, September 4th. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. Tapestry’s payout ratio is 25.38%.

Insider Transactions at Tapestry

In related news, insider Denise Kulikowsky sold 5,810 shares of Tapestry stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $115.38, for a total value of $670,357.80. Following the completion of the transaction, the insider owned 21,136 shares in the company, valued at approximately $2,438,671.68. This trade represents a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Joanne Crevoiserat sold 27,761 shares of Tapestry stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $132.47, for a total value of $3,677,499.67. Following the completion of the transaction, the chief executive officer owned 666,149 shares of the company’s stock, valued at approximately $88,244,758.03. This represents a 4.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.28% of the stock is currently owned by company insiders.

Tapestry Company Profile

(Free Report)

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

Tapestry sells its products through company-operated stores, outlet locations, e-commerce websites, wholesale partners and select distributors.