Maridea Wealth Management LLC Invests $795,000 in Tapestry, Inc. $TPR

Maridea Wealth Management LLC bought a new position in shares of Tapestry, Inc. (NYSE:TPR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,428 shares of the luxury accessories retailer’s stock, valued at approximately $795,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Woodline Partners LP lifted its holdings in Tapestry by 25.0% during the 1st quarter. Woodline Partners LP now owns 17,490 shares of the luxury accessories retailer’s stock worth $1,231,000 after buying an additional 3,495 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Tapestry in the 1st quarter valued at about $493,000. Sivia Capital Partners LLC acquired a new stake in shares of Tapestry during the 2nd quarter worth about $602,000. Arrowstreet Capital Limited Partnership purchased a new stake in Tapestry during the second quarter worth approximately $6,307,000. Finally, Brown Advisory Inc. lifted its stake in Tapestry by 13.8% during the second quarter. Brown Advisory Inc. now owns 3,630 shares of the luxury accessories retailer’s stock worth $319,000 after purchasing an additional 439 shares during the last quarter. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Tapestry reported fiscal fourth-quarter EPS of $1.32, above the $1.28 consensus estimate, while revenue of $1.88 billion also topped expectations. Revenue increased 8.9% year over year, and earnings rose from $1.04 per share in the prior-year quarter. Tapestry fiscal 2026 fourth-quarter and full-year results
• Positive Sentiment: Coach continued to drive growth, supported by younger shoppers, higher average unit retail prices, unit expansion and international growth. Management said the brand’s momentum could remain durable through fiscal 2027, although growth may become more measured in the second half. Coach growth durability
• Positive Sentiment: The company raised its quarterly dividend 15.6% to $0.4625 per share, payable September 21 to shareholders of record September 4. Tapestry also plans approximately $1.7 billion in shareholder returns, supporting the stock’s income and capital-return appeal. Fiscal 2027 outlook and shareholder returns
• Neutral Sentiment: Fiscal 2027 EPS guidance of $7.80 to $7.90 is broadly in line with the roughly $7.82 analyst consensus, suggesting continued profit growth but limited upside relative to expectations. Tapestry earnings estimate beat
• Negative Sentiment: Management projected fiscal 2027 revenue of $8.4 billion to $8.5 billion, slightly below the $8.5 billion consensus. Investors viewed the outlook as disappointing after the quarterly beat, particularly because Kate Spade’s recovery is taking longer and tariff pressure remains a risk. Tapestry forecasts weak annual sales

Tapestry Price Performance

TPR stock opened at $129.11 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 3.44. The company has a market capitalization of $26.08 billion, a P/E ratio of 17.71, a PEG ratio of 1.16 and a beta of 1.43. The business has a 50 day simple moving average of $146.48 and a 200-day simple moving average of $144.63. Tapestry, Inc. has a twelve month low of $93.00 and a twelve month high of $164.80.

Tapestry (NYSE:TPR) last announced its earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.04. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the company posted $1.04 EPS. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. As a group, equities analysts anticipate that Tapestry, Inc. will post 7.88 EPS for the current year.

Tapestry Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be paid a $0.4625 dividend. This is a boost from Tapestry’s previous quarterly dividend of $0.40. This represents a $1.85 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, September 4th. Tapestry’s dividend payout ratio (DPR) is presently 51.28%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wells Fargo & Company dropped their price target on shares of Tapestry from $165.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday. Raymond James Financial restated an “outperform” rating and set a $165.00 price objective on shares of Tapestry in a research report on Thursday, April 23rd. Wall Street Zen cut shares of Tapestry from a “buy” rating to a “hold” rating in a report on Sunday. Robert W. Baird increased their target price on shares of Tapestry from $160.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Finally, Citigroup lifted their price target on shares of Tapestry from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tapestry has a consensus rating of “Moderate Buy” and a consensus target price of $175.12.

Insider Activity at Tapestry

In other news, CEO Todd Kahn sold 19,557 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $140.02, for a total value of $2,738,371.14. Following the completion of the sale, the chief executive officer directly owned 123,258 shares of the company’s stock, valued at approximately $17,258,585.16. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.