Tapestry, Inc. (TPR) has seen various shifts in its stock’s positioning among several investment firms. Significant moves include investment purchases by Wellington Management Group LLP, Jump Financial LLC, and Erste Asset Management GmbH. Conversely, notable sales have been made by American Century Companies Inc., Raymond James Financial Inc. and Northern Trust Corp. These actions have notably occurred alongside discrepancies between TPR’s financial performance and market response. Despite experiencing surging sales and increasing dividends, TPR reported an unexpected quarterly loss, causing a modest climb on quiet trading. Unpredictable market activity was also seen following a dividend hike, a surprising move toward net losses, and an anticipation of a 5.5% rise in quarterly revenue due to young shoppers’ attraction to the Coach brand. Relevantly, Tapestry’s forecast cut due to tariff impact led to a slump in the parent company, Coach's shares. Despite mixed signals and sentiment from analysts about TPR’s overall outlook and fundamentals, the majority consensus rating falls to 'Moderate Buy' and a 'Neutral' rating has been reaffirmed by UBS Group.
Tapestry TPR News Analytics from Tue, 18 Mar 2025 07:00:00 GMT to Sun, 31 Aug 2025 00:44:59 GMT -
Rating 3
- Innovation -4
- Information 5
- Rumor -7
