<div id="readability-page-1"><p>Clarion Wealth Managment Partners LLC purchased a new stake in shares of  Tapestry, Inc. (NYSE:TPR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor  purchased 15,003 shares of the luxury accessories retailer's stock, valued at approximately $1,317,000. Tapestry accounts for about  1.4% of Clarion Wealth Managment Partners LLC's holdings, making the stock its 16th biggest holding.</p><ul><li>These 3 Stocks Are Using Buybacks to Signal Market Confidence</li></ul><p>Other institutional investors and hedge funds have also recently modified their holdings of the company. Connor Clark &amp; Lunn Investment Management Ltd. bought a new position in  Tapestry in the first quarter valued at about $1,736,000.  Independent Advisor Alliance purchased a new stake in shares of  Tapestry during the 1st quarter valued at about $204,000.  Resona Asset Management Co. Ltd. increased its position in shares of  Tapestry by 33.2% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 1,922 shares of the luxury accessories retailer's stock valued at $135,000 after purchasing an additional 479 shares during the last quarter.  Russell Investments Group Ltd. lifted its stake in shares of  Tapestry by 10.1% in the 1st quarter. Russell Investments Group Ltd. now owns 143,409 shares of the luxury accessories retailer's stock worth $10,097,000 after purchasing an additional 13,201 shares during the period.  Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of  Tapestry in the first quarter worth approximately $29,000. 90.77% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Tapestry Stock Performance</h2><p>Shares of NYSE TPR opened at $123.22 on Friday. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.93 and a current ratio of 1.52. The company has a market cap of $25.22 billion, a P/E ratio of 110.02, a P/E/G ratio of 2.53 and a beta of 1.65. Tapestry, Inc. has a 52-week low of $58.39 and a 52-week high of $125.18. The firm's fifty day moving average is $111.05 and its two-hundred day moving average is $103.21. </p><ul><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li></ul><p>Tapestry (NYSE:TPR - Get Free Report) last released its quarterly 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 return on equity of 116.42% and a net margin of 3.77%.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 business posted $0.84 EPS. The firm's revenue for the quarter was up 13.1% compared to the same quarter last year. Tapestry has set its FY 2026 guidance at 5.450-5.600 EPS.  As a group, analysts anticipate that  Tapestry, Inc. will post 4.91 EPS for the current fiscal year. </p><p>Tapestry declared that its Board of Directors has approved a stock repurchase plan on Thursday, November 6th that permits the company to buyback $1.00 billion in  outstanding  shares. This buyback authorization permits the luxury accessories retailer to purchase up to 4.9% of its stock  through open market purchases. Stock  buyback plans are generally a sign that the company's management believes its stock is undervalued. </p><h2>Tapestry Announces Dividend</h2><ul><li>3 Consumer Discretionary Stocks to Buy in a Divided Economy</li></ul><p>The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, December 5th. Tapestry's payout ratio is presently 142.86%. </p><h2>Insider Buying and Selling at Tapestry</h2><p>In related news, CEO Todd Kahn sold 10,344 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $107.00, for a total transaction of $1,106,808.00. Following the sale, the chief executive officer owned 131,815 shares in the company, valued at approximately $14,104,205. This represents a 7.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Denise Kulikowsky sold 583 shares of the firm's stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $115.17, for a total value of $67,144.11. Following the completion of the sale, the insider owned 19,285 shares of the company's stock, valued at approximately $2,221,053.45. This represents a 2.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 115,485 shares of company stock valued at $12,034,058. Corporate insiders own  1.32% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have weighed in on TPR. Sanford C. Bernstein increased their price target on shares of Tapestry from $112.00 to $115.00 and gave the stock an &#34;outperform&#34; rating in a research report on Friday, November 7th. Barclays raised their target price on Tapestry from $111.00 to $127.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, September 11th. Robert W. Baird  set a $130.00 price target on Tapestry in a report on Wednesday, October 29th. Morgan Stanley upped their price target on Tapestry from $124.00 to $126.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, November 7th. Finally, Raymond James Financial lifted their price objective on Tapestry from $115.00 to $130.00 and gave the company an &#34;outperform&#34; rating in a research report on Tuesday, October 21st. Seventeen research analysts have rated the stock with a Buy rating and four have issued  a Hold rating to the company. According to data from MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $119.63.</p><p><b>Read Our Latest Report on Tapestry</b></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>What is the MACD Indicator and How to Use it in Your Trading</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Consumer Discretionary Stocks Explained</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What Are Dividend Contenders? Investing in Dividend Contenders</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</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>Clarion Wealth Management Partners LLC purchased a new stake in Tapestry, Inc. during the 2nd quarter, acquiring 15,003 shares valued at approximately $1,317,000. Tapestry now accounts for 1.4% of Clarion's holdings. Other institutional investors also modified their holdings. Tapestry's stock performance includes a market cap of $25.22 billion and a P/E ratio of 110.02. The company reported strong quarterly earnings and announced a $1 billion stock buyback plan. Additionally, Tapestry declared a quarterly dividend of $0.40 per share.</p>

Clarion Wealth Managment Partners LLC Makes New Investment in Tapestry, Inc. $TPR