Tapestry, Inc. $TPR Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR cut its position in Tapestry, Inc. (NYSE:TPR) by 18.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,154 shares of the luxury accessories retailer’s stock after selling 3,844 shares during the period. Generali Asset Management SPA SGR’s holdings in Tapestry were worth $2,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new position in Tapestry during the third quarter worth about $26,000. Triumph Capital Management acquired a new position in Tapestry during the third quarter worth about $29,000. Steph & Co. boosted its position in Tapestry by 128.7% during 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. Flagship Harbor Advisors LLC acquired a new position in Tapestry during the fourth quarter worth about $31,000. Finally, Cornerstone Planning Group LLC boosted its position in Tapestry by 2,720.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 282 shares of the luxury accessories retailer’s stock worth $36,000 after acquiring an additional 272 shares during the last quarter. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Tapestry Stock Performance

Shares of Tapestry stock opened at $133.43 on Friday. Tapestry, Inc. has a one year low of $76.29 and a one year high of $161.97. The company has a market cap of $27.01 billion, a price-to-earnings ratio of 42.77, a PEG ratio of 1.49 and a beta of 1.45. The company has a debt-to-equity ratio of 3.48, a quick ratio of 1.10 and a current ratio of 1.84. The business’s 50 day moving average price is $146.44 and its 200 day moving average price is $132.25.

Tapestry (NYSE:TPR) last announced its quarterly earnings data on Thursday, May 7th. The luxury accessories retailer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.36. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.79 billion. Tapestry had a return on equity of 229.70% and a net margin of 8.44%.The firm’s revenue was up 21.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 earnings per share. Tapestry has set its FY 2026 guidance at 6.950-6.950 EPS. On average, research analysts predict that Tapestry, Inc. will post 6.95 EPS for the current year.

Tapestry Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Friday, June 5th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, June 5th. Tapestry’s dividend payout ratio is 66.12%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TPR shares. Wall Street Zen upgraded shares of Tapestry from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Wells Fargo & Company lifted their price objective on Tapestry from $142.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Tapestry in a research report on Tuesday, February 10th. Citigroup lifted their price objective on Tapestry from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Argus set a $165.00 price objective on Tapestry in a research report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.67.

Key Tapestry News

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Tapestry beat fiscal third-quarter expectations, posting EPS of $1.66 on revenue of $1.92 billion, and also raised full-year guidance, which points to improving business momentum. Business Wire release
• Positive Sentiment: JPMorgan raised its price target on TPR to $200 from $190 and kept an overweight rating, signaling confidence in further upside from current levels. Benzinga report
• Positive Sentiment: BTIG reaffirmed a buy rating and set a $180 target, adding to the list of analysts turning more constructive after the earnings update. Benzinga report
• Neutral Sentiment: Tapestry announced a quarterly dividend of $0.40 per share, which supports shareholder returns but is not a major near-term catalyst. Earnings transcript
• Negative Sentiment: Despite the earnings beat, shares were pressured by concerns about tariffs and weaker performance at Kate Spade, suggesting investors are focusing on margin and brand-mix risks. Zacks article

Insiders Place Their Bets

In other news, CEO Joanne C. Crevoiserat sold 48,795 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $154.87, for a total value of $7,556,881.65. Following the transaction, the chief executive officer owned 671,193 shares of the company’s stock, valued at $103,947,659.91. This represents a 6.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Thomas Greco sold 14,245 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $154.44, for a total value of $2,199,997.80. Following the completion of the transaction, the director directly owned 21,302 shares in the company, valued at approximately $3,289,880.88. This trade represents a 40.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 164,956 shares of company stock worth $25,297,262. Corporate insiders own 1.32% of the company’s stock.

Tapestry 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.