Tapestry Inc. Shares Attract Significant Institutional Interest
The New York Stock Exchange-listed Tapestry Inc. (NYSE: TPR) has experienced a notable wave of institutional buying activity in the first week of February 2026. The following transactions were reported:
| Date | Buyer | Shares Purchased | Source |
|---|---|---|---|
| 2026‑02‑04 | TD Waterhouse Canada Inc. | 5 365 | feeds.feedburner.com |
| 2026‑02‑04 | Zurcher Kantonalbank (Zurich Cantonal Bank) | 148 336 | feeds.feedburner.com |
| 2026‑02‑03 | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 2 643 | feeds.feedburner.com |
| 2026‑02‑02 | Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF | 110 829 | feeds.feedburner.com |
These purchases represent a combined acquisition of 167 943 shares by the four institutional entities within a single trading week. The volume reflects sustained confidence in the company’s business model and growth prospects, despite its high valuation metrics.
Market Snapshot
- Close price (2026‑02‑03): $129.92
- 52‑week high (2026‑01‑08): $136.04
- 52‑week low (2025‑04‑08): $58.39
- Market capitalization: $26 billion (USD)
- Price‑earnings ratio: 101.8
Tapestry’s share price has risen from $46.37 in early 2023 to $126.91 on 2026‑01‑30, reflecting an approximate 174 % increase. An investment of $100 at the 2023 price would now be worth $273.69 after holding 2.157 shares, according to a calculation reported by Finanzen.net.
Company Overview
Tapestry Inc. operates in the consumer discretionary sector, specifically within textiles, apparel, and luxury goods. The company designs and markets a broad range of products, including handbags, leather goods, footwear, fragrance, jewelry, outerwear, ready‑to‑wear, scarves, sunwear, travel accessories, and watches. Its global customer base is served through its website, www.tapestry.com . Tapestry was listed on the NYSE on October 5, 2000.
Contextual Market Environment
During the same period, U.S. equity futures displayed mixed activity, with the S&P 500 (SPX) and Nasdaq 100 (NDX) futures moving up by 0.19 % and 0.37 % respectively, while the Dow Jones Industrial Average (DJIA) futures were marginally lower. These movements occurred amid broader market discussions on artificial intelligence adoption and Alphabet’s earnings outlook.
Summary
The concentrated institutional purchases of Tapestry shares, combined with a strong historical performance and a high valuation, suggest that market participants are maintaining a bullish stance on the company. Investors monitoring the sector should note the continued interest from major financial institutions and the firm’s significant share price appreciation over the past three years.
