Telsey Advisory Group Expects Stronger Earnings for Tapestry

Tapestry, Inc. (NYSE:TPR) – Analysts at Telsey Advisory Group raised their FY2025 earnings estimates for Tapestry in a research report issued to clients and investors on Monday, February 3rd. Telsey Advisory Group analyst D. Telsey now expects that the luxury accessories retailer will post earnings per share of $4.66 for the year, up from their prior forecast of $4.55. Telsey Advisory Group has a “Outperform” rating and a $83.00 price target 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 Q4 2025 earnings at $1.00 EPS, Q2 2026 earnings at $1.81 EPS and Q4 2026 earnings at $1.02 EPS.

TPR has been the subject of a number of other reports. Bank of America upped their price objective on shares of Tapestry from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Evercore ISI upped their price target on shares of Tapestry from $68.00 to $74.00 and gave the stock an “outperform” rating in a report on Monday, January 27th. TD Cowen downgraded Tapestry from a “buy” rating to a “hold” rating and set a $52.00 price objective on the stock. in a report on Tuesday, October 29th. Raymond James reaffirmed an “outperform” rating and issued a $88.00 target price (up previously from $79.00) on shares of Tapestry in a report on Friday. Finally, Citigroup increased their target price on Tapestry from $49.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $73.17.

Tapestry Stock Down 2.3 %

Shares of NYSE TPR opened at $80.28 on Thursday. The company has a market cap of $18.71 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 2.07 and a beta of 1.58. The company has a current ratio of 4.93, a quick ratio of 4.38 and a debt-to-equity ratio of 2.35. Tapestry has a 12 month low of $35.23 and a 12 month high of $87.87. The stock has a 50-day moving average price of $68.08 and a two-hundred day moving average price of $53.27.

Tapestry (NYSE:TPR) last issued its quarterly earnings results on Thursday, February 6th. The luxury accessories retailer reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.30. Tapestry had a return on equity of 36.26% and a net margin of 12.12%. During the same period last year, the business posted $1.63 EPS.

Tapestry Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, March 6th. Tapestry’s dividend payout ratio (DPR) is 40.46%.

Insider Activity

In related news, VP Manesh Dadlani sold 8,872 shares of Tapestry stock in a transaction on Friday, November 15th. The shares were sold at an average price of $57.96, for a total value of $514,221.12. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.18% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tapestry

Several hedge funds and other institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC boosted its stake in Tapestry by 0.9% during the 4th quarter. HighTower Advisors LLC now owns 51,278 shares of the luxury accessories retailer’s stock valued at $3,350,000 after purchasing an additional 481 shares during the last quarter. Pzena Investment Management LLC bought a new stake in Tapestry during the fourth quarter worth $18,737,000. Daiwa Securities Group Inc. raised its position in Tapestry by 17.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 12,515 shares of the luxury accessories retailer’s stock valued at $818,000 after buying an additional 1,896 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Tapestry by 18.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 59,608 shares of the luxury accessories retailer’s stock valued at $3,894,000 after acquiring an additional 9,433 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its holdings in Tapestry by 10.4% during the 4th quarter. Sowell Financial Services LLC now owns 22,382 shares of the luxury accessories retailer’s stock worth $1,462,000 after acquiring an additional 2,100 shares during the last quarter. 90.77% of the stock is owned by institutional investors.

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.