Princeton Global Asset Management LLC Sells 26,534 Shares of Tapestry, Inc. $TPR

20 Dec 2025, 06:58 by Jessica Moore · The Cerbat Gem

Princeton Global Asset Management LLC decreased its holdings in shares of Tapestry, Inc. (NYSE:TPR – Free Report) by 32.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,082 shares of the luxury accessories retailer’s stock after selling 26,534 shares during the period. Tapestry accounts for about 1.0% of Princeton Global Asset Management LLC’s holdings, making the stock its 25th largest holding. Princeton Global Asset Management LLC’s holdings in Tapestry were worth $6,123,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TPR. 1858 Wealth Management LLC raised its holdings in shares of Tapestry by 2.5% during the second quarter. 1858 Wealth Management LLC now owns 3,835 shares of the luxury accessories retailer’s stock valued at $337,000 after acquiring an additional 95 shares in the last quarter. Convergence Financial LLC increased its position in Tapestry by 3.0% during the 2nd quarter. Convergence Financial LLC now owns 3,386 shares of the luxury accessories retailer’s stock valued at $297,000 after purchasing an additional 98 shares during the period. Earned Wealth Advisors LLC raised its holdings in Tapestry by 1.6% in the 2nd quarter. Earned Wealth Advisors LLC now owns 7,304 shares of the luxury accessories retailer’s stock worth $641,000 after purchasing an additional 116 shares in the last quarter. Wedmont Private Capital lifted its position in shares of Tapestry by 3.3% in the 3rd quarter. Wedmont Private Capital now owns 4,352 shares of the luxury accessories retailer’s stock worth $502,000 after purchasing an additional 139 shares during the period. Finally, 44 Wealth Management LLC boosted its stake in shares of Tapestry by 0.8% during the 2nd quarter. 44 Wealth Management LLC now owns 19,018 shares of the luxury accessories retailer’s stock valued at $1,670,000 after purchasing an additional 142 shares in the last quarter. 90.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Denise Kulikowsky sold 583 shares of the company’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 value of $67,144.11. Following the transaction, the insider directly owned 19,285 shares of the company’s stock, valued at approximately $2,221,053.45. This represents a 2.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Todd Kahn sold 29,000 shares of Tapestry stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $102.83, for a total value of $2,982,070.00. Following the completion of the sale, the chief executive officer directly owned 86,736 shares of the company’s stock, valued at approximately $8,919,062.88. The trade was a 25.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 115,485 shares of company stock valued at $12,034,058. 1.32% of the stock is owned by company insiders.

Tapestry Stock Up 0.0%

Shares of NYSE:TPR opened at $125.42 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 5.95. The stock has a fifty day simple moving average of $112.06 and a two-hundred day simple moving average of $104.61. Tapestry, Inc. has a 12-month low of $58.39 and a 12-month high of $127.54. The stock has a market capitalization of $25.67 billion, a price-to-earnings ratio of 111.98, a PEG ratio of 2.58 and a beta of 1.65.

Tapestry (NYSE:TPR – Get Free Report) last released its earnings results on Thursday, November 6th. The luxury accessories retailer reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.13. The firm 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 company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 earnings per share. Tapestry has set its FY 2026 guidance at 5.450-5.600 EPS. On average, research analysts anticipate that Tapestry, Inc. will post 4.91 earnings per share for the current fiscal year.

Tapestry declared that its Board of Directors has authorized a share buyback program on Thursday, November 6th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the luxury accessories retailer to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Tapestry Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.60 annualized dividend and a yield of 1.3%. Tapestry’s payout ratio is 142.86%.

Wall Street Analyst Weigh In

TPR has been the subject of a number of research reports. Telsey Advisory Group reissued an “outperform” rating and issued a $150.00 price target on shares of Tapestry in a research note on Wednesday. Barclays raised their target price on Tapestry from $111.00 to $127.00 and gave the company an “overweight” rating in a research note on Thursday, September 11th. Weiss Ratings restated a “hold (c)” rating on shares of Tapestry in a research report on Wednesday, October 8th. Robert W. Baird set a $140.00 price objective on Tapestry in a report on Wednesday. Finally, Wells Fargo & Company boosted their target price on shares of Tapestry from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $122.00.

Get Our Latest Analysis on Tapestry

Tapestry Company Profile

(Free Report)

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.