Tapestry, Inc. (NYSE:TPR – Free Report) – Research analysts at Telsey Advisory Group issued their Q1 2026 earnings per share (EPS) estimates for Tapestry in a report issued on Monday, February 3rd. Telsey Advisory Group analyst D. Telsey anticipates that the luxury accessories retailer will post earnings of $1.05 per share for the quarter. Telsey Advisory Group has a “Outperform” rating and a $83.00 price objective on the stock. The consensus estimate for Tapestry’s current full-year earnings is $4.63 per share. Telsey Advisory Group also issued estimates for Tapestry’s Q3 2026 earnings at $0.92 EPS.
A number of other research firms have also recently issued reports on TPR. Jefferies Financial Group raised their target price on Tapestry from $80.00 to $83.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. TD Cowen downgraded shares of Tapestry from a “buy” rating to a “hold” rating and set a $52.00 price objective on the stock. in a research report on Tuesday, October 29th. Evercore ISI upped their target price on shares of Tapestry from $68.00 to $74.00 and gave the stock an “outperform” rating in a research report on Monday, January 27th. BMO Capital Markets lifted their price target on Tapestry from $55.00 to $60.00 and gave the company a “market perform” rating in a report on Monday, November 18th. Finally, Citigroup increased their price objective on Tapestry from $49.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.28.
Tapestry Trading Up 0.6 %
NYSE:TPR opened at $73.40 on Wednesday. The firm has a market capitalization of $17.10 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.07 and a beta of 1.58. The business has a 50 day simple moving average of $67.29 and a 200 day simple moving average of $52.80. The company has a debt-to-equity ratio of 2.35, a current ratio of 4.93 and a quick ratio of 4.38. Tapestry has a 12-month low of $35.23 and a 12-month high of $76.49.
Institutional Trading of Tapestry
Hedge funds have recently modified their holdings of the business. Checchi Capital Advisers LLC grew its position in Tapestry by 1.9% during the fourth quarter. Checchi Capital Advisers LLC now owns 8,878 shares of the luxury accessories retailer’s stock valued at $580,000 after purchasing an additional 163 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Tapestry by 0.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 19,303 shares of the luxury accessories retailer’s stock valued at $1,261,000 after buying an additional 170 shares during the period. Parkside Financial Bank & Trust grew its holdings in shares of Tapestry by 13.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,586 shares of the luxury accessories retailer’s stock valued at $104,000 after acquiring an additional 182 shares in the last quarter. Valley National Advisers Inc. increased its stake in shares of Tapestry by 0.5% in the fourth quarter. Valley National Advisers Inc. now owns 43,355 shares of the luxury accessories retailer’s stock worth $2,831,000 after acquiring an additional 202 shares during the last quarter. Finally, Redwood Investment Management LLC raised its holdings in shares of Tapestry by 0.4% during the third quarter. Redwood Investment Management LLC now owns 47,407 shares of the luxury accessories retailer’s stock worth $2,269,000 after acquiring an additional 204 shares in the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.
Insider Activity at Tapestry
In related news, VP Manesh Dadlani sold 8,872 shares of Tapestry stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $57.96, for a total value of $514,221.12. Following the transaction, the vice president now owns 35,003 shares of the company’s stock, valued at approximately $2,028,773.88. This trade represents a 20.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.18% of the company’s stock.
About Tapestry
Tapestry, Inc provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women’s handbags; and women’s accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.
Read More
- Five stocks we like better than Tapestry
- Stock Market Upgrades: What Are They?
- 3 Must-Have ETFs Set to Dominate This Quarter
- What is an Earnings Surprise?
- Seeking Stability? These 3 Stocks Offer Strong Potential
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.