<div id="readability-page-1"><p>SRS Investment Management LLC lifted its holdings in shares of  Tapestry, Inc. (NYSE:TPR - Free Report) by 12.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 5,332,824 shares of the luxury accessories retailer's stock after purchasing an additional 589,000 shares during the quarter. Tapestry makes up  about  4.9% of SRS Investment Management LLC's holdings, making the stock its 5th biggest position. SRS Investment Management LLC owned approximately 2.57% of Tapestry worth $468,275,000 at the end of the most recent quarter.</p><ul><li>These 3 Stocks Are Using Buybacks to Signal Market Confidence</li></ul><p>Several other institutional investors and hedge funds have also modified their holdings of TPR. First PREMIER Bank acquired a new position in  Tapestry during the second quarter worth $25,000.  Vestor Capital LLC bought a new stake in shares of  Tapestry during the 2nd quarter worth about $27,000.  Flaharty Asset Management LLC bought a new stake in shares of  Tapestry during the 1st quarter worth about $25,000.  CVA Family Office LLC increased its holdings in shares of  Tapestry by 224.8% during the 2nd quarter. CVA Family Office LLC now owns 380 shares of the luxury accessories retailer's stock valued at $33,000 after acquiring an additional 263 shares during the last quarter.  Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of  Tapestry in the 1st quarter valued at approximately $29,000. Institutional investors and hedge funds own  90.77% of the company's stock. </p><h2>Insider Activity at Tapestry</h2><p>In other news, insider David E. Howard sold 25,029 shares of Tapestry stock in a transaction dated 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 sale, the insider directly owned 55,354 shares in the company, valued at approximately $5,673,785. The trade was a 31.14% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, CEO Joanne C. Crevoiserat sold 31,735 shares of the company's stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $105.31, for a total transaction of $3,342,012.85. Following the completion of the sale, the chief executive officer directly owned 667,233 shares in the company, valued at approximately $70,266,307.23. The trade was a 4.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 115,485 shares of company stock worth $12,034,058 in the last ninety days. Company insiders own  1.32% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li></ul><p>Several equities analysts have commented on the company. The Goldman Sachs Group increased their price target on Tapestry from $116.00 to $130.00 and gave the company a &#34;buy&#34; rating in a report on Monday, October 6th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Tapestry in a report on Wednesday, October 8th. Barclays lifted their target price on shares of Tapestry from $111.00 to $127.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, September 11th. Guggenheim initiated coverage on shares of Tapestry in a report on Tuesday. They set a &#34;neutral&#34; rating for the company. Finally, UBS Group lowered their price target on Tapestry from $112.00 to $105.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $119.26.</p><p><b>Get Our Latest Report on TPR</b></p><h2>Tapestry Stock Performance</h2><ul><li>3 Consumer Discretionary Stocks to Buy in a Divided Economy</li></ul><p>NYSE:TPR opened at $123.43 on Friday. The firm's 50-day moving average is $110.89 and its 200-day moving average is $102.74. The company has a market cap of $25.26 billion, a price-to-earnings ratio of 110.21, a PEG ratio of 2.42 and a beta of 1.65. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.93 and a current ratio of 1.52. Tapestry, Inc. has a 52-week low of $58.39 and a 52-week high of $123.55. </p><p>Tapestry (NYSE:TPR - Get Free Report) last released its earnings results on Thursday, November 6th. The luxury accessories retailer reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.13. Tapestry had a net margin of 3.77% and a return on equity of 116.42%. The business had revenue of $1.70 billion during the quarter, compared to analysts' expectations of $1.63 billion. During the same quarter last year, the company earned $0.84 earnings per share. The firm's revenue was up 13.1% on a year-over-year basis. Tapestry has set its FY 2026 guidance at 5.450-5.600 EPS.  Equities research analysts anticipate that  Tapestry, Inc. will post 4.91 earnings per share for the current year. </p><p>Tapestry announced that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that authorizes the company to repurchase $1.00 billion in  outstanding  shares. This repurchase authorization authorizes the luxury accessories retailer to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued. </p><h2>Tapestry Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be paid a $0.40 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.3%. Tapestry's dividend payout ratio  is currently 142.86%. </p><h2>Tapestry Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Tapestry</li><li>When to Sell a Stock for Profit or Loss</li><li>Dividend Powerhouses: 3 Blue-Chip Stocks Built for the Long Haul</li><li>How to find penny stocks to invest and trade </li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>What Are Treasury Bonds?</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p><strong>Want to see what other hedge funds are holding TPR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tapestry, Inc. (NYSE:TPR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRQUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRQUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tapestry Right Now?</h2><p>Before you consider Tapestry, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tapestry wasn't on the list.</p><p>While Tapestry currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>SRS Investment Management LLC increased its holdings in Tapestry, Inc. by 12.4% in Q2, owning 2.57% of the company worth $468.28 million. Insiders sold shares worth $12 million recently. Analysts have mixed ratings, with a consensus price target of $119.26. Tapestry's stock opened at $123.43, with a market cap of $25.26 billion.</p>

SRS Investment Management LLC Has $468.28 Million Holdings in Tapestry, Inc. $TPR