Tapestry (NYSE:TPR) Coverage Initiated by Analysts at TD Cowen

Posted by Francis Steltz on Oct 31st, 2026

TD Cowen initiated coverage on shares of Tapestry (NYSE:TPR – Free Report) in a research report released on Friday morning,Zacks reports. The firm issued a strong-buy rating on the luxury accessories retailer’s stock.

Several other research analysts also recently commented on TPR. Wells Fargo & Company lowered their target price on Tapestry from $160.00 to $150.00 and set an “overweight” rating for the company in a research note on Thursday. Telsey Advisory Group raised their price target on shares of Tapestry from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Robert W. Baird decreased their price target on shares of Tapestry from $165.00 to $150.00 and set an “outperform” rating on the stock in a report on Tuesday. BTIG Research decreased 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. Finally, Barclays upped their price objective on shares of Tapestry from $182.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $170.00.

View Our Latest Research Report on Tapestry

Tapestry Trading Down 1.5%

Shares of TPR stock opened at $116.09 on Friday. Tapestry has a fifty-two week low of $93.00 and a fifty-two week high of $164.80. The stock’s fifty day moving average price is $117.65 and its two-hundred day moving average price is $137.09. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.25 and a current ratio of 1.75. The company has a market cap of $23.15 billion, a PE ratio of 15.92, a P/E/G ratio of 1.49 and a beta of 1.42.

Tapestry (NYSE:TPR – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.04. Tapestry had a return on equity of 254.95% and a net margin of 19.09%. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the firm earned $1.04 EPS. Tapestry’s revenue was up 8.9% on a year-over-year basis. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Equities analysts predict that Tapestry will post 7.95 EPS for the current fiscal year.

Tapestry Increases Dividend

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

Insider Activity

In other 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 transaction of $670,357.80. Following the sale, the insider directly owned 21,136 shares of the company’s stock, valued at approximately $2,438,671.68. This trade represents a 21.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Joanne Crevoiserat sold 27,761 shares of the business’s 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 sale, the chief executive officer owned 666,149 shares in the company, valued at approximately $88,244,758.03. This trade represents a 4.00% decrease in their ownership of the stock. 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.

Hedge Funds Weigh In On Tapestry

A number of hedge funds have recently modified their holdings of TPR. Cetera Trust Company N.A bought a new position in shares of Tapestry in the second quarter valued at $26,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Tapestry during the second quarter valued at about $31,000. Virtus Advisers LLC bought a new stake in shares of Tapestry during the second quarter worth about $32,000. GK Wealth Management LLC bought a new stake in shares of Tapestry during the third quarter worth about $28,000. Finally, Signature Equity Partners LLC increased its position in shares of Tapestry by 1,516.7% during the third quarter. Signature Equity Partners LLC now owns 291 shares of the luxury accessories retailer’s stock worth $34,000 after acquiring an additional 273 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.

About Tapestry

(Get 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.