Rhumbline Advisers Grows Stock Position in Capri Holdings Limited $CPRI

Rhumbline Advisers lifted its stake in shares of Capri Holdings Limited (NYSE:CPRI) by 28.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 389,908 shares of the company’s stock after buying an additional 85,523 shares during the quarter. Rhumbline Advisers owned approximately 0.33% of Capri worth $6,901,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Primecap Management Co. CA raised its holdings in Capri by 0.6% during the second quarter. Primecap Management Co. CA now owns 5,215,404 shares of the company’s stock worth $92,313,000 after purchasing an additional 31,684 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Capri by 42.2% in the second quarter. Geode Capital Management LLC now owns 2,882,813 shares of the company’s stock valued at $51,032,000 after purchasing an additional 855,330 shares during the period. American Century Companies Inc. increased its stake in Capri by 143.3% in the 1st quarter. American Century Companies Inc. now owns 2,039,887 shares of the company’s stock valued at $40,247,000 after buying an additional 1,201,488 shares during the period. Allianz Asset Management GmbH increased its stake in shares of Capri by 53.5% during the second quarter. Allianz Asset Management GmbH now owns 1,160,047 shares of the company’s stock worth $20,533,000 after acquiring an additional 404,212 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Capri by 6.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,070,258 shares of the company’s stock worth $21,116,000 after buying an additional 66,173 shares in the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Capri from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $21.00 to $30.00 in a research note on Wednesday, August 13th. Wall Street Zen upgraded Capri from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Telsey Advisory Group lifted their target price on shares of Capri from $22.00 to $23.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research note on Tuesday, October 21st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.69.

Capri Stock Down 0.2%

Shares of Capri stock opened at $25.14 on Wednesday. The company has a debt-to-equity ratio of 3.97, a current ratio of 1.25 and a quick ratio of 0.69. Capri Holdings Limited has a 1-year low of $11.86 and a 1-year high of $26.23. The business has a 50-day moving average of $21.82 and a 200-day moving average of $20.09. The company has a market capitalization of $3.00 billion, a PE ratio of -2.56, a P/E/G ratio of 0.50 and a beta of 1.48.

Capri (NYSE:CPRI) last released its earnings results on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.17). Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The business had revenue of $856.00 million for the quarter, compared to analysts’ expectations of $825.74 million. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS and its FY 2026 guidance at 1.200-1.400 EPS. As a group, equities analysts forecast that Capri Holdings Limited will post 0.98 EPS for the current fiscal year.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.