Fox Run Management L.L.C. Purchases New Shares in Capri Holdings Limited $CPRI

Fox Run Management L.L.C. purchased a new position in Capri Holdings Limited (NYSE:CPRI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,743 shares of the company’s stock, valued at approximately $385,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Machina Capital S.A.S. grew its position in shares of Capri by 50.8% in the second quarter. Machina Capital S.A.S. now owns 137,080 shares of the company’s stock valued at $2,426,000 after purchasing an additional 46,153 shares during the period. Versor Investments LP purchased a new position in Capri in the 2nd quarter valued at about $416,000. Arkadios Wealth Advisors boosted its holdings in Capri by 3.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 37,075 shares of the company’s stock worth $656,000 after buying an additional 1,087 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in Capri by 3.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 17,906 shares of the company’s stock worth $317,000 after buying an additional 671 shares during the last quarter. Finally, Hourglass Capital LLC increased its stake in Capri by 29.4% during the 2nd quarter. Hourglass Capital LLC now owns 133,980 shares of the company’s stock worth $2,371,000 after buying an additional 30,430 shares in the last quarter. 84.34% of the stock is owned by hedge funds and other institutional investors.

Capri Stock Up 1.8%

Shares of NYSE:CPRI opened at $22.10 on Thursday. The company has a quick ratio of 0.61, a current ratio of 1.17 and a debt-to-equity ratio of 3.97. The business has a fifty day moving average of $21.12 and a two-hundred day moving average of $19.38. The stock has a market cap of $2.63 billion, a P/E ratio of -2.35, a PEG ratio of 0.45 and a beta of 1.90. Capri Holdings Limited has a 52-week low of $11.86 and a 52-week high of $26.23.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.17). The company had revenue of $856.00 million for the quarter, compared to analysts’ expectations of $825.74 million. Capri had a negative return on equity of 53.50% and a negative net margin of 26.73%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS. FY 2026 guidance at 1.200-1.400 EPS. On average, research analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Capri in a research report on Wednesday, October 8th. Zacks Research raised Capri from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. upgraded Capri from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $21.00 to $30.00 in a report on Wednesday, August 13th. UBS Group upped their target price on shares of Capri from $18.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Finally, BTIG Research initiated coverage on shares of Capri in a research report on Tuesday, October 14th. They issued a “buy” rating and a $30.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $24.50.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.