Tapestry (NYSE:TPR) Price Target Raised to $175.00

Tapestry (NYSE:TPR) had its price target increased by BTIG Research from $140.00 to $175.00 in a research report sent to investors on Friday, MarketBeat.com reports. BTIG Research currently has a buy rating on the luxury accessories retailer’s stock.

A number of other research analysts have also commented on TPR. Argus upgraded Tapestry to a “strong-buy” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. upped their price target on Tapestry from $147.00 to $148.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. The Goldman Sachs Group set a $166.00 price target on Tapestry in a report on Friday. Guggenheim began coverage on Tapestry in a research report on Tuesday, December 9th. They issued a “neutral” rating for the company. Finally, Raymond James Financial upped their target price on shares of Tapestry from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. One equities research 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 stock. According to MarketBeat.com, Tapestry has an average rating of “Moderate Buy” and a consensus target price of $142.33.

Tapestry Stock Up 6.1%

Shares of NYSE:TPR opened at $151.97 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.63 and a debt-to-equity ratio of 4.32. The firm has a market cap of $30.77 billion, a P/E ratio of 62.80, a P/E/G ratio of 2.28 and a beta of 1.63. Tapestry has a 12 month low of $58.39 and a 12 month high of $153.13. The company’s 50-day moving average price is $127.42 and its two-hundred day moving average price is $115.01.

Tapestry (NYSE:TPR) last announced its earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.49. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm posted $2.00 earnings per share. The company’s revenue was up 14.0% on a year-over-year basis. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, research analysts forecast that Tapestry will post 4.91 EPS for the current fiscal year.

Tapestry Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Tapestry’s dividend payout ratio is 66.12%.

Tapestry announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 6th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the luxury accessories retailer to purchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Tapestry

In other news, CFO Scott A. Roe sold 18,794 shares of Tapestry stock in a transaction on Friday, November 21st. The shares were sold at an average price of $104.85, for a total transaction of $1,970,550.90. Following the transaction, the chief financial officer directly owned 148,149 shares of the company’s stock, valued at $15,533,422.65. This trade represents a 11.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider David E. Howard sold 25,029 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $102.50, for a total transaction of $2,565,472.50. Following the completion of the transaction, the insider directly owned 55,354 shares of the company’s stock, valued at $5,673,785. This trade represents a 31.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 115,485 shares of company stock worth $12,034,058 over the last ninety days. 1.32% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Steph & Co. increased its stake in Tapestry by 128.7% in the 4th quarter. Steph & Co. now owns 231 shares of the luxury accessories retailer’s stock valued at $30,000 after buying an additional 130 shares during the last quarter. Cloud Capital Management LLC bought a new position in shares of Tapestry in the 3rd quarter valued at about $26,000. Flagship Harbor Advisors LLC bought a new position in shares of Tapestry in the 4th quarter valued at about $31,000. Triumph Capital Management acquired a new stake in shares of Tapestry in the third quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC raised its holdings in Tapestry by 2,720.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 282 shares of the luxury accessories retailer’s stock worth $36,000 after acquiring an additional 272 shares in the last quarter. 90.77% of the stock is currently owned by institutional investors.

Key Headlines Impacting Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Q2 beat and materially raised FY‑2026 guidance — Tapestry reported $2.69 EPS vs. ~$2.20 consensus and $2.50B revenue (up 14% YoY); management raised FY26 EPS guidance to $6.40–$6.45 and lifted revenue plans (~$7.8B), signaling stronger-than-expected margin and top‑line momentum. Read More.
• Positive Sentiment: BTIG increased its price target to $175 and kept a “buy” rating — a meaningful upside signal from a sell‑side firm. Read More.
• Positive Sentiment: Citigroup raised its price target to $165 and moved to “buy,” reinforcing analyst enthusiasm after the quarter. Read More.
• Positive Sentiment: Evercore raised its target (to $150) — another upgrade contributing to bullish analyst momentum. Read More.
• Positive Sentiment: Declared dividend — Tapestry announced a $0.40 quarterly dividend (record/ex‑dividend date March 6), which supports income investors and signals confidence from the board.
• Positive Sentiment: Technical/market interest — Relative Strength (RS) rating jumped to 94 and the stock hit all‑time highs as investors digested the results, increasing momentum and retail/institutional attention. Read More.
• Neutral Sentiment: Telsey Advisory Group set an “outperform” rating with a $150 target (slightly below the intra‑day price), reflecting mixed near‑term upside expectations. Read More.
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read of margin drivers, geographic trends and brand performance. These are useful for modeling but are informational rather than new catalysts. Read More.
• Negative Sentiment: At least one analyst argued Coach’s momentum is unsustainable and issued a downgrade note — a cautionary view that could temper enthusiasm if future comps slow. Read More.

About Tapestry

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.