Recent Research Analysts’ Ratings Changes for Tapestry (TPR)

A number of research firms have changed their ratings and price targets for Tapestry (NYSE: TPR):

• 2/20/2025 – Tapestry had its price target raised by analysts at Robert W. Baird from $93.00 to $100.00. They now have an “outperform” rating on the stock.
• 2/18/2025 – Tapestry was upgraded by analysts at Redburn Atlantic from a “neutral” rating to a “buy” rating. They now have a $110.00 price target on the stock.
• 2/15/2025 – Tapestry was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/12/2025 – Tapestry had its price target raised by analysts at JPMorgan Chase & Co. from $88.00 to $104.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Tapestry had its price target raised by analysts at Barclays PLC from $87.00 to $100.00. They now have an “overweight” rating on the stock.
• 2/7/2025 – Tapestry had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $88.00 price target on the stock, up previously from $79.00.
• 2/7/2025 – Tapestry had its price target raised by analysts at UBS Group AG from $70.00 to $80.00. They now have a “neutral” rating on the stock.
• 2/7/2025 – Tapestry was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/7/2025 – Tapestry had its price target raised by analysts at The Goldman Sachs Group, Inc. from $72.00 to $98.00. They now have a “buy” rating on the stock.
• 2/7/2025 – Tapestry had its price target raised by analysts at Guggenheim from $70.00 to $90.00. They now have a “buy” rating on the stock.
• 2/3/2025 – Tapestry had its price target raised by analysts at Wells Fargo & Company from $75.00 to $90.00. They now have an “overweight” rating on the stock.
• 2/3/2025 – Tapestry had its price target raised by analysts at Telsey Advisory Group from $74.00 to $83.00. They now have an “outperform” rating on the stock.
• 1/28/2025 – Tapestry had its price target raised by analysts at Jefferies Financial Group Inc. from $80.00 to $83.00. They now have a “buy” rating on the stock.
• 1/27/2025 – Tapestry had its price target raised by analysts at Evercore ISI from $68.00 to $74.00. They now have an “outperform” rating on the stock.
• 1/21/2025 – Tapestry had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $65.00 price target on the stock.
• 1/10/2025 – Tapestry had its price target raised by analysts at UBS Group AG from $57.00 to $70.00. They now have a “neutral” rating on the stock.
• 1/8/2025 – Tapestry was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $87.00 price target on the stock, up previously from $57.00.

Tapestry Stock Performance

NYSE TPR opened at $84.29 on Tuesday. The business’s 50 day moving average price is $73.04 and its 200-day moving average price is $57.08. Tapestry, Inc. has a fifty-two week low of $35.23 and a fifty-two week high of $90.85. The company has a market cap of $17.45 billion, a P/E ratio of 24.43, a P/E/G ratio of 2.01 and a beta of 1.58. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.05 and a current ratio of 1.58.

Tapestry (NYSE:TPR) last posted its quarterly earnings data on Thursday, February 6th. The luxury accessories retailer reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.30. Tapestry had a net margin of 11.74% and a return on equity of 44.00%. During the same quarter in the previous year, the business earned $1.63 EPS. Sell-side analysts predict that Tapestry, Inc. will post 4.91 earnings per share for the current year.

Tapestry Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Thursday, March 6th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Thursday, March 6th. Tapestry’s dividend payout ratio is currently 40.58%.

Insider Buying and Selling at Tapestry

In other Tapestry news, CEO Todd Kahn sold 7,786 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $87.59, for a total value of $681,975.74. Following the completion of the sale, the chief executive officer now directly owns 201,531 shares of the company’s stock, valued at $17,652,100.29. The trade was a 3.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Scott A. Roe sold 25,727 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $86.56, for a total transaction of $2,226,929.12. Following the transaction, the chief financial officer now directly owns 146,587 shares in the company, valued at approximately $12,688,570.72. This trade represents a 14.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,430 shares of company stock valued at $3,957,601 in the last quarter. 1.18% of the stock is owned by insiders.

Hedge Funds Weigh In On Tapestry

Several institutional investors have recently made changes to their positions in the company. Greenline Partners LLC bought a new position in Tapestry during the 4th quarter worth about $29,000. Coppell Advisory Solutions LLC increased its holdings in Tapestry by 40.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 519 shares of the luxury accessories retailer’s stock valued at $34,000 after buying an additional 150 shares during the period. Venturi Wealth Management LLC raised its stake in Tapestry by 78.0% in the fourth quarter. Venturi Wealth Management LLC now owns 575 shares of the luxury accessories retailer’s stock worth $38,000 after buying an additional 252 shares in the last quarter. Canada Post Corp Registered Pension Plan purchased a new stake in Tapestry during the fourth quarter worth $48,000. Finally, Brooklyn Investment Group bought a new stake in Tapestry during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

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.