Todd Asset Management LLC Has $47.09 Million Stake in Tapestry, Inc. $TPR

Todd Asset Management LLC decreased its holdings in Tapestry, Inc. (NYSE:TPR) by 25.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 415,886 shares of the luxury accessories retailer’s stock after selling 144,455 shares during the quarter. Todd Asset Management LLC owned approximately 0.20% of Tapestry worth $47,087,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Great Diamond Partners LLC acquired a new stake in Tapestry in the third quarter worth $2,395,000. Stevens Capital Partners acquired a new position in shares of Tapestry in the 3rd quarter valued at $8,880,000. Three Seasons Wealth LLC bought a new stake in shares of Tapestry in the 3rd quarter valued at $1,882,000. Fisher Asset Management LLC raised its stake in Tapestry by 5,027.6% during the 2nd quarter. Fisher Asset Management LLC now owns 499,988 shares of the luxury accessories retailer’s stock worth $43,904,000 after buying an additional 490,237 shares during the period. Finally, Abacus FCF Advisors LLC bought a new position in Tapestry during the third quarter worth about $17,332,000. Institutional investors own 90.77% of the company’s stock.

Tapestry Stock Up 0.7%

Shares of TPR stock opened at $153.66 on Monday. The firm’s fifty day moving average price is $131.49 and its two-hundred day moving average price is $116.59. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 4.32. Tapestry, Inc. has a 1 year low of $58.39 and a 1 year high of $158.28. The firm has a market capitalization of $31.11 billion, a P/E ratio of 63.49, a PEG ratio of 1.89 and a beta of 1.63.

Tapestry (NYSE:TPR) last posted its quarterly earnings data on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.49. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.29 billion. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The company’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. On average, equities analysts predict that Tapestry, Inc. will post 4.91 EPS for the current fiscal year.

Tapestry Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, March 6th. Tapestry’s dividend payout ratio is presently 66.12%.

Tapestry declared that its Board of Directors has authorized a share repurchase program on Thursday, November 6th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the luxury accessories retailer to reacquire up to 4.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q4 beat and FY2026 guidance: Tapestry reported a sizable Q4 beat (EPS and revenue) and set FY26 EPS guidance of $6.40–$6.45, reinforcing growth expectations and supporting the rally. 5 Insightful Analyst Questions From Tapestry’s Q4 Earnings Call
• Positive Sentiment: Capital returns: Board authorized a $1.0B buyback (~4.9% of shares) and declared a quarterly dividend ($0.40), which supports shareholder yield and signals board confidence. MarketBeat TPR coverage
• Positive Sentiment: Positive research/upgrade flow: Multiple outlets have upgraded or raised targets (BTIG, Wells Fargo, Barclays and others), and Zacks highlights TPR as a strong growth stock — these notes can attract demand from institutional and retail investors. Zacks: Here’s Why Tapestry is a Strong Growth Stock
• Positive Sentiment: Dividend-growth screen inclusion: Tapestry appears on lists of dividend-growth picks, which may support longer-term, income‑focused buying. Zacks: Buy These 5 Dividend Growth Stocks
• Neutral Sentiment: Media/TV attention is boosting short‑term flows: Coverage (e.g., Jim Cramer) is drawing trading interest but doesn’t change fundamentals — may add volatility. MSN / Cramer coverage
• Neutral Sentiment: Analyst upside may be partly priced in: Several firms have raised targets, which helps sentiment but could limit near‑term upside if expectations are already reflected in the share price.
• Negative Sentiment: Heavy insider selling this week: Multiple insiders sold substantial blocks (CEO Todd Kahn, CFO Scott Roe, and other officers/directors), which reduces insider holdings ~20–25% in some cases and may prompt investor concern or short‑term selling pressure. InsiderTrades roundup

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Argus raised Tapestry to a “strong-buy” rating in a research report on Friday, January 16th. Telsey Advisory Group increased their target price on Tapestry to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Guggenheim initiated coverage on shares of Tapestry in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. TD Cowen reaffirmed a “buy” rating on shares of Tapestry in a research note on Tuesday, February 10th. Finally, Morgan Stanley increased their price objective on shares of Tapestry from $124.00 to $126.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.05.

Insider Buying and Selling

In other Tapestry news, CEO Todd Kahn sold 39,815 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $151.34, for a total transaction of $6,025,602.10. Following the sale, the chief executive officer directly owned 120,578 shares of the company’s stock, valued at approximately $18,248,274.52. This represents a 24.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Denise Kulikowsky sold 9,166 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $155.62, for a total transaction of $1,426,412.92. Following the completion of the sale, the insider owned 26,942 shares of the company’s stock, valued at approximately $4,192,714.04. This represents a 25.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 217,401 shares of company stock worth $27,574,441 in the last quarter. 1.32% of the stock is owned by company insiders.

About Tapestry

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.