Savvy Advisors Inc. Invests $376,000 in Tapestry, Inc. $TPR

Savvy Advisors Inc. purchased a new position in shares of Tapestry, Inc. (NYSE:TPR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,322 shares of the luxury accessories retailer’s stock, valued at approximately $376,000.

Other hedge funds have also bought and sold shares of the company. Great Diamond Partners LLC acquired a new position in shares of Tapestry during the third quarter valued at $2,395,000. Stevens Capital Partners acquired a new position in Tapestry during the 3rd quarter valued at about $8,880,000. Three Seasons Wealth LLC bought a new stake in shares of Tapestry during the 3rd quarter worth about $1,882,000. Fisher Asset Management LLC lifted its stake in shares of Tapestry by 5,027.6% in the 2nd quarter. Fisher Asset Management LLC now owns 499,988 shares of the luxury accessories retailer’s stock worth $43,904,000 after acquiring an additional 490,237 shares during the period. Finally, Abacus FCF Advisors LLC bought a new position in shares of Tapestry in the third quarter valued at approximately $17,332,000. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Trading Up 0.7%

NYSE:TPR opened at $153.66 on Monday. The stock has a fifty day simple moving average of $131.49 and a 200 day simple moving average of $116.59. The firm has a market capitalization of $31.11 billion, a price-to-earnings ratio of 63.49, a price-to-earnings-growth ratio of 1.89 and a beta of 1.63. Tapestry, Inc. has a 1-year low of $58.39 and a 1-year high of $158.28. The company has a quick ratio of 1.10, a current ratio of 1.63 and a debt-to-equity ratio of 4.32.

Tapestry (NYSE:TPR) last posted its quarterly earnings data on Thursday, February 5th. The luxury accessories retailer reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.49. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the firm earned $2.00 earnings per share. The business’s quarterly revenue was up 14.0% on a year-over-year basis. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. Sell-side analysts forecast that Tapestry, Inc. will post 4.91 earnings per share for the current 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 given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, March 6th. Tapestry’s payout ratio is presently 66.12%.

Tapestry announced that its board has initiated a share repurchase program 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 programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wells Fargo & Company upped their target price on Tapestry from $142.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. UBS Group restated a “neutral” rating and issued a $141.00 price objective on shares of Tapestry in a report on Monday, February 9th. Guggenheim started coverage on Tapestry in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. Barclays set a $179.00 price target on shares of Tapestry and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Morgan Stanley raised their price objective on shares of Tapestry from $124.00 to $126.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $145.05.

Tapestry News Roundup

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

Insider Activity

In other news, CFO Scott A. Roe sold 44,290 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $152.62, for a total value of $6,759,539.80. Following the completion of the sale, the chief financial officer owned 139,128 shares of the company’s stock, valued at $21,233,715.36. This trade represents a 24.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Denise Kulikowsky sold 9,166 shares of Tapestry stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $155.62, for a total value of $1,426,412.92. Following the transaction, the insider owned 26,942 shares in the company, valued at $4,192,714.04. This represents a 25.38% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 217,401 shares of company stock worth $27,574,441. 1.32% of the stock is owned by corporate 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.