Tapestry, Inc. (TPR) has experienced a wave of market activity lately, with significant movement of its shares among big financial institutions. Furthermore, it has recently announced a $3B share buyback and dividend increase, alongside ambitious growth plans. At the same time, the business has had a pullback due to tariff impacts. These mixed signals in the market generate a dynamic environment for TPR. European and U.S. firms like the Czech National Bank, Pallas Capital Advisors, and Livforsakringsbolaget have increased their stakes in TPR. Even market influence Jim Cramer indicates TPR's turnaround as exemplary. The stock hit a new 1-year high and a number of investment firms upgraded their position on TPR. Despite tariffs biting into the company's profits and causing some stock value decrease, the resilient TPR announced a substantial share repurchase program which could be a game-changer. Despite fluctuations, Tapestry has demonstrated significant returns in the past five years prompting increased investments from wealth management firms. As it prepares for Q4 earnings, TPR received an 'Outperform' rating from Telsey Advisory Group and a 'Buy' rating from Wells Fargo. However, its brand parent Coach also cut its profit forecast due to tariffs, leading to a slump in TPR shares.
Tapestry TPR News Analytics from Fri, 14 Mar 2025 07:00:00 GMT to Sun, 21 Sep 2025 01:04:10 GMT -
Rating 0
- Innovation 3
- Information 8
- Rumor -3
