Telsey Advisory Group Comments on Tapestry FY2026 Earnings

Tapestry, Inc. (NYSE:TPR) – Investment analysts at Telsey Advisory Group issued their FY2026 earnings per share (EPS) estimates for shares of Tapestry in a note issued to investors on Friday, November 8th. Telsey Advisory Group analyst D. Telsey expects that the luxury accessories retailer will earn $4.79 per share for the year. Telsey Advisory Group has a “Outperform” rating and a $54.00 price target on the stock. The consensus estimate for Tapestry’s current full-year earnings is $4.54 per share.

TPR has been the topic of several other reports. Raymond James restated an “outperform” rating and set a $57.00 target price (up from $55.00) on shares of Tapestry in a report on Friday. Citigroup lifted their target price on shares of Tapestry from $49.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Evercore ISI lifted their target price on shares of Tapestry from $47.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their target price on shares of Tapestry from $51.00 to $66.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, UBS Group decreased their price target on shares of Tapestry from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Friday, August 16th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $54.00.

Tapestry Price Performance

Shares of NYSE:TPR opened at $51.55 on Monday. The company has a current ratio of 4.93, a quick ratio of 4.66 and a debt-to-equity ratio of 2.35. Tapestry has a 1 year low of $27.91 and a 1 year high of $52.76. The business has a fifty day simple moving average of $45.49 and a 200 day simple moving average of $42.59. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 14.90, a P/E/G ratio of 1.94 and a beta of 1.53.

Tapestry (NYSE:TPR) last released its earnings results on Thursday, August 15th. The luxury accessories retailer reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.58 billion. Tapestry had a return on equity of 36.26% and a net margin of 12.12%. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 earnings per share.

Tapestry Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Friday, December 6th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $1.40 dividend on an annualized basis and a yield of 2.72%. Tapestry’s dividend payout ratio (DPR) is currently 40.46%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TPR. Waldron Private Wealth LLC acquired a new position in shares of Tapestry during the 3rd quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV grew its holdings in Tapestry by 54.0% in the second quarter. Massmutual Trust Co. FSB ADV now owns 935 shares of the luxury accessories retailer’s stock worth $40,000 after purchasing an additional 328 shares during the period. Blue Trust Inc. grew its holdings in Tapestry by 111.9% in the second quarter. Blue Trust Inc. now owns 1,053 shares of the luxury accessories retailer’s stock worth $50,000 after purchasing an additional 556 shares during the period. MUFG Securities EMEA plc grew its holdings in Tapestry by 34.9% in the second quarter. MUFG Securities EMEA plc now owns 1,226 shares of the luxury accessories retailer’s stock worth $52,000 after purchasing an additional 317 shares during the period. Finally, Chilton Capital Management LLC acquired a new position in shares of Tapestry during the second quarter valued at about $53,000. 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.