Tapestry (NYSE:TPR) Price Target Raised to $150.00

Tapestry (NYSE:TPR) had its price target lifted by Evercore ISI from $129.00 to $150.00 in a research report report published on Tuesday morning, Marketbeat.com reports. The brokerage currently has an outperform rating on the luxury accessories retailer’s stock.

Other equities research analysts have also issued reports about the stock. Citigroup raised their price target on shares of Tapestry from $124.00 to $152.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Raymond James Financial raised their target price on Tapestry from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Jefferies Financial Group lowered Tapestry from a “buy” rating to a “hold” rating and dropped their target price for the stock from $142.00 to $138.00 in a research report on Wednesday, January 14th. Argus raised Tapestry to a “strong-buy” rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group raised their price objective on Tapestry from $129.00 to $146.00 and gave the company a “buy” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Tapestry has a consensus rating of “Moderate Buy” and a consensus target price of $131.05.

Tapestry Stock Performance

Shares of NYSE:TPR opened at $143.11 on Tuesday. The business’s 50-day simple moving average is $126.55 and its 200 day simple moving average is $114.59. The company has a market cap of $29.29 billion, a P/E ratio of 127.78, a PEG ratio of 2.23 and a beta of 1.63. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.93 and a current ratio of 1.52. Tapestry has a one year low of $58.39 and a one year high of $145.42.

Tapestry (NYSE:TPR) last released its quarterly 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 firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Tapestry had a return on equity of 116.42% and a net margin of 3.77%.Tapestry’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. On average, sell-side analysts forecast that Tapestry will post 4.91 earnings per share for the current fiscal year.

Tapestry Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 1.1%. Tapestry’s dividend payout ratio is presently 142.86%.

Tapestry declared that its board has approved a share repurchase program on Thursday, November 6th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the luxury accessories retailer to buy up to 4.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Tapestry news, insider David E. Howard sold 25,029 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $102.50, for a total transaction of $2,565,472.50. Following the completion of the sale, the insider owned 55,354 shares in the company, valued at $5,673,785. The trade was a 31.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Denise Kulikowsky sold 583 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $115.17, for a total transaction of $67,144.11. Following the sale, the insider directly owned 19,285 shares in the company, valued at $2,221,053.45. This trade represents a 2.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 115,485 shares of company stock worth $12,034,058. Corporate insiders own 1.32% of the company’s stock.

Institutional Investors Weigh In On Tapestry

Institutional investors have recently modified their holdings of the business. Steph & Co. lifted 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 during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Tapestry during the 3rd quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Tapestry during the 4th quarter worth approximately $31,000. Triumph Capital Management bought a new stake in shares of Tapestry in the 3rd quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC boosted 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. Institutional investors own 90.77% of the company’s stock.

Trending Headlines about Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q2 results: Tapestry reported $2.69 EPS on $2.50B revenue (both above consensus) and raised FY2026 EPS guidance to $6.40–$6.45, signaling stronger underlying demand and margin leverage. Tapestry press release
• Positive Sentiment: Coach strength / product momentum: Management cited surging Coach demand (notably Tabby handbags) as the driver of the blowout holiday quarter — this brand-level outperformance is the main catalyst for upside. Tapestry lifts annual forecasts (Reuters)
• Positive Sentiment: Market reaction & price targets: Shares hit record highs after the print; analysts (Telsey, Evercore and others) reaffirmed/outperformed and raised price targets (e.g., $150), supporting near‑term upside. Tapestry Stock Hits Record Highs (Schaeffers)
• Positive Sentiment: Dividend: Board declared a quarterly dividend of $0.40/share (record Mar 6; pay Mar 23), which modestly supports income investors and signals confidence in cash flow. Dividend declaration (MarketBeat)
• Neutral Sentiment: Earnings call/transcript: Management reiterated strategy (Amplify) and gave color on brand execution — useful for modeling but no surprise items beyond the beats. Earnings call transcript (Seeking Alpha)
• Neutral Sentiment: Analyst detail pieces: Coverage (Zacks, TipRanks) breaks down metrics vs. estimates — helpful for deeper due diligence but not market-moving on its own. Zacks analysis
• Negative Sentiment: Short-term dispersion: Some headlines noted a recent one‑day pullback (MarketWatch), reminding investors that intraday volatility can follow sharp rallies; watch near‑term technicals and elevated valuation metrics. MarketWatch: stock falls Tuesday

Tapestry Company Profile

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.