<div id="readability-page-1"><p>ZWJ Investment Counsel Inc. lessened its stake in shares of  Tapestry, Inc. (NYSE:TPR - Free Report) by 75.5% during the third quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The firm owned 24,010 shares of the luxury accessories retailer's stock after selling 73,928 shares during the period. ZWJ Investment Counsel Inc.'s holdings in Tapestry were worth $2,718,000 at the end of the most recent reporting period.</p><ul><li>These 3 Stocks Are Using Buybacks to Signal Market Confidence</li></ul><p>A number of other large investors have also bought and sold shares of the stock. Schroder Investment Management Group grew its stake in shares of  Tapestry by 1,661.6% in the 2nd quarter. Schroder Investment Management Group now owns 4,002,818 shares of the luxury accessories retailer's stock valued at $351,487,000 after buying an additional 3,775,593 shares during the period.  Norges Bank acquired a new stake in  Tapestry in the second quarter valued at approximately $227,248,000.  AQR Capital Management LLC raised its position in shares of  Tapestry by 36.0% during the second quarter. AQR Capital Management LLC now owns 3,546,969 shares of the luxury accessories retailer's stock worth $311,388,000 after purchasing an additional 939,227 shares during the period.  Marshall Wace LLP raised its position in shares of  Tapestry by 2,547.4% during the second quarter. Marshall Wace LLP now owns 955,667 shares of the luxury accessories retailer's stock worth $83,917,000 after purchasing an additional 919,569 shares during the period.  Finally, Aviva PLC bought a new position in shares of  Tapestry in the 2nd quarter worth $67,612,000. 90.77% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Tapestry Stock Performance</h2><p>TPR stock opened at $129.69 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 5.95. The firm has a market cap of $26.54 billion, a PE ratio of 115.79, a P/E/G ratio of 2.66 and a beta of 1.65. The business has a 50 day moving average of $112.88 and a 200-day moving average of $105.85. Tapestry, Inc. has a 12-month low of $58.39 and a 12-month high of $130.93. </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 posted its quarterly earnings data on Thursday, November 6th. The luxury accessories retailer reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.13. The business had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.63 billion. Tapestry had a return on equity of 116.42% and a net margin of 3.77%.The business's revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.84 earnings per share. Tapestry has set its FY 2026 guidance at 5.450-5.600 EPS.  As a group, sell-side analysts expect that  Tapestry, Inc. will post 4.91 earnings per share for the current year. </p><p>Tapestry declared that its Board of Directors has authorized a stock repurchase plan on Thursday, November 6th that permits the company to buyback $1.00 billion in    shares. This buyback authorization permits the luxury accessories retailer to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued. </p><h2>Tapestry Dividend Announcement</h2><ul><li>3 Consumer Discretionary Stocks to Buy in a Divided Economy</li></ul><p>The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were given a dividend of $0.40 per share. The ex-dividend date was Friday, December 5th. This represents a $1.60 annualized dividend and a yield of 1.2%. Tapestry's dividend payout ratio  is presently 142.86%. </p><h2>Insider Buying and Selling at Tapestry</h2><p>In other news, CEO Joanne C. Crevoiserat sold 31,735 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 667,233 shares of the company's stock, valued at $70,266,307.23. This represents a 4.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, insider Denise Kulikowsky sold 583 shares of the firm's stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $115.17, for a total transaction of $67,144.11. Following the sale, the insider owned 19,285 shares of the company's stock, valued at approximately $2,221,053.45. The trade was a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,485 shares of company stock valued at $12,034,058 in the last three months. 1.32% of the stock is owned by corporate insiders. </p><h2>Analyst Upgrades and Downgrades</h2><p>TPR has been the subject of a number of recent research reports. BTIG Research assumed coverage on shares of Tapestry in a research note on Tuesday, October 14th. They set a &#34;buy&#34; rating and a $140.00 price target for the company. Barclays lifted their price objective on shares of Tapestry from $111.00 to $127.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, September 11th. Morgan Stanley upped their target price on shares of Tapestry from $124.00 to $126.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, November 7th. Sanford C. Bernstein increased their price objective on Tapestry from $112.00 to $115.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday, November 7th. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Tapestry in a research report on Wednesday, October 8th. Seventeen investment analysts have rated the stock with a Buy rating and four have issued  a Hold rating to the company's stock. According to data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $122.00.</p><p><b>Check Out Our Latest Stock Report on TPR</b></p><h2>Tapestry Profile</h2> (Free Report)<p>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.  </p><p>Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Tapestry</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</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>ZWJ Investment Counsel Inc. reduced its stake in Tapestry, Inc. by 75.5% in the third quarter, now holding 24,010 shares worth $2.72 million. Other investors like Schroder Investment Management and Norges Bank have also made significant investments in Tapestry. The company reported strong quarterly earnings and announced a $1 billion stock buyback plan. Tapestry's stock performance has been robust, with a 12-month high of $130.93. The company also declared a quarterly dividend of $0.40 per share.</p>

ZWJ Investment Counsel Inc. Has $2.72 Million Stake in Tapestry, Inc. $TPR