Tapestry Rises 1.6% on Analyst Upgrades and Dividend Boost Despite Tariff Pressures and Kate Spade Struggles as 330-Million-Dollar Volume Ranks 309th

On September 3, 2025, Tapestry (TPR) closed with a 1.60% gain, trading with a volume of $330 million, ranking 309th in market activity. The stock’s performance reflected a mix of analyst upgrades, a dividend boost, and ongoing challenges from tariff pressures.

Analyst activity provided key support, with Telsey Advisory Group raising its Q4 EPS estimate to $1.03 and maintaining an “Outperform” rating. Wells Fargo & Company increased its price target to $120, while Evercore ISI kept its “Outperform” rating despite trimming its target to $125. Tapestry also announced a 14.3% dividend increase to $0.40 per share, enhancing its yield to 1.6%. These moves underscored confidence in the company’s core Coach brand, which drove strong FY26 momentum and revenue growth expectations.

However, tariff-related costs and profit outlook cuts weighed on sentiment. Management highlighted $160 million in higher duties impacting margins, while Kate Spade’s underperformance and impairment charges raised concerns about its turnaround potential. Neutral ratings from UBS and mixed guidance further highlighted the balance between short-term headwinds and long-term brand strength.

Backtest results indicated a 1.60% annualized return for TPR over the past 12 months, with a current P/E ratio of 161.48 and a market cap of $21.17 billion. Institutional ownership remains at 90.77%, reflecting ongoing institutional confidence despite recent profit cuts and tariff challenges.