Tapestry, Inc. (NYSE:TPR – Free Report) – Analysts at Telsey Advisory Group issued their Q1 2026 EPS estimates for Tapestry in a research note issued to investors on Monday, February 3rd. Telsey Advisory Group analyst D. Telsey expects 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.
TPR has been the topic of several other reports. Morgan Stanley restated an “equal weight” rating and set a $65.00 target price on shares of Tapestry in a report on Tuesday, January 21st. BMO Capital Markets raised their price objective on Tapestry from $55.00 to $60.00 and gave the company a “market perform” rating in a research note on Monday, November 18th. TD Cowen cut Tapestry from a “buy” rating to a “hold” rating and set a $52.00 target price for the company. in a research report on Tuesday, October 29th. Jefferies Financial Group lifted their price target on shares of Tapestry from $80.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, January 28th. Finally, StockNews.com cut shares of Tapestry from a “buy” rating to a “hold” rating in a research note on Monday, October 28th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.28.
Tapestry Stock Up 0.6 %
Tapestry stock opened at $73.40 on Wednesday. The company 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. Tapestry has a 1-year low of $35.23 and a 1-year high of $76.49. The firm’s fifty day simple moving average is $67.29 and its 200-day simple moving average is $52.80. The company has a current ratio of 4.93, a quick ratio of 4.38 and a debt-to-equity ratio of 2.35.
Insider Buying and Selling
In related news, VP Manesh Dadlani sold 8,872 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $57.96, for a total value of $514,221.12. Following the completion of the transaction, the vice president now directly owns 35,003 shares of the company’s stock, valued at $2,028,773.88. This trade represents a 20.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.18% of the stock is owned by company insiders.
Hedge Funds Weigh In On Tapestry
A number of hedge funds have recently made changes to their positions in TPR. Charles Schwab Investment Management Inc. increased its stake in Tapestry by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,614,558 shares of the luxury accessories retailer’s stock valued at $357,732,000 after acquiring an additional 272,007 shares during the period. Pacer Advisors Inc. boosted its holdings in Tapestry by 1.0% during the third quarter. Pacer Advisors Inc. now owns 6,078,760 shares of the luxury accessories retailer’s stock valued at $285,580,000 after purchasing an additional 58,135 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Tapestry by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 5,588,879 shares of the luxury accessories retailer’s stock valued at $262,156,000 after purchasing an additional 80,681 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of Tapestry by 16.4% in the 4th quarter. Allianz Asset Management GmbH now owns 2,121,469 shares of the luxury accessories retailer’s stock worth $138,596,000 after buying an additional 298,409 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its position in shares of Tapestry by 14.8% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,699,067 shares of the luxury accessories retailer’s stock worth $79,822,000 after buying an additional 219,544 shares during the period. Institutional investors and hedge funds own 90.77% of the company’s stock.
Tapestry Company Profile
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.
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