Key Points
- VP Manesh Dadlani sold 2,147 shares of Tapestry on Feb. 11 at an average price of $153.47 for ~$329,500, reducing his stake by 10.41% to 18,475 shares (about $2.84M).
- Tapestry delivered a Q4 beat — EPS $2.69 vs. $2.20 est. and revenue $2.50B vs. $2.29B — and set FY2026 EPS guidance of $6.40–$6.45.
- The board authorized a $1.0B buyback (≈4.9% of shares) and declared a $0.40 quarterly dividend (1.0% yield), while multiple senior insiders (including the CEO and CFO) executed sizable sales this week, trimming holdings ~20–25%.
Tapestry, Inc. (NYSE:TPR - Get Free Report) VP Manesh Dadlani sold 2,147 shares of the firm's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $153.47, for a total transaction of $329,500.09. Following the completion of the sale, the vice president directly owned 18,475 shares of the company's stock, valued at approximately $2,835,358.25. The trade was a 10.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Tapestry Trading Down 1.3%
Shares of NYSE TPR opened at $152.63 on Friday. Tapestry, Inc. has a fifty-two week low of $58.39 and a fifty-two week high of $158.28. The company has a debt-to-equity ratio of 4.32, a quick ratio of 1.10 and a current ratio of 1.63. The company has a market cap of $30.90 billion, a price-to-earnings ratio of 63.07, a PEG ratio of 1.91 and a beta of 1.63. The business's 50 day moving average price is $130.74 and its 200-day moving average price is $116.17.
Tapestry (NYSE:TPR - Get Free Report) last released its earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share for the quarter, topping analysts' consensus estimates of $2.20 by $0.49. The business had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.29 billion. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The business's revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.00 earnings per share. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. On average, sell-side analysts expect that Tapestry, Inc. will post 4.91 earnings per share for the current year.
Tapestry Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. Tapestry's dividend payout ratio (DPR) is presently 66.12%.
Tapestry announced that its board has initiated a stock repurchase plan on Thursday, November 6th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the luxury accessories retailer to repurchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.
Hedge Funds Weigh In On Tapestry
A number of large investors have recently made changes to their positions in TPR. Cloud Capital Management LLC purchased a new stake in shares of Tapestry during the 3rd quarter valued at $26,000. Vestor Capital LLC acquired a new position in Tapestry during the 2nd quarter valued at about $27,000. Triumph Capital Management purchased a new stake in Tapestry in the third quarter valued at about $29,000. Steph & Co. boosted its holdings in Tapestry by 128.7% in the fourth quarter. Steph & Co. now owns 231 shares of the luxury accessories retailer's stock worth $30,000 after acquiring an additional 130 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Tapestry during the fourth quarter worth about $31,000. 90.77% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Tapestry
Here are the key news stories impacting Tapestry this week:
- Positive Sentiment: Q4 results and guidance: Tapestry reported a meaningful Q4 beat (EPS and revenue) and set FY2026 EPS guidance of $6.40–$6.45, supporting the company's growth story and valuation. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
- Positive Sentiment: Capital returns and income: Board authorized a $1.0B buyback (≈4.9% of shares) and declared a quarterly dividend ($0.40), signaling confidence and supporting shareholder returns. MarketBeat TPR coverage
- Neutral Sentiment: Analyst activity: Several firms raised targets or reiterated positive views (Goldman Sachs, Citigroup, Bernstein); Zacks upgraded TPR to "strong-buy," which can support demand over time but may already be priced in. Zacks upgrade
- Neutral Sentiment: Media commentary: Coverage and TV commentary (e.g., Jim Cramer) are driving short-term interest but are not new fundamental data. MSN / Cramer coverage
- Negative Sentiment: Large insider selling: Multiple insiders executed large sales this week — CEO Todd Kahn (~39,815 shares, ~$6.0M), CFO Scott Roe (44,290 shares, ~$6.76M), plus other officers/directors — reducing their holdings by ~20–25% each, which can signal near-term selling pressure or prompt investor concern. InsiderTrades roundup
Analysts Set New Price Targets
TPR has been the topic of several research reports. BTIG Research raised their price objective on Tapestry from $140.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Wells Fargo & Company lifted their price objective on Tapestry from $142.00 to $165.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Raymond James Financial increased their target price on shares of Tapestry from $115.00 to $130.00 and gave the stock an "outperform" rating in a report on Tuesday, October 21st. Evercore boosted their price target on shares of Tapestry from $129.00 to $150.00 and gave the company an "outperform" rating in a report on Tuesday, February 3rd. Finally, Barclays set a $179.00 price objective on shares of Tapestry and gave the stock an "overweight" rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $143.33.
Check Out Our Latest Report on Tapestry
About Tapestry
(
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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.
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