SCHEDULE: BlackRock Amends Tapestry Stake, Holds 8.0% of Common Stock
Beneficial Ownership Report
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a beneficial ownership of 8.0% of Tapestry, Inc.'s common stock as of December 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 16,314,226 shares of Tapestry, Inc. common stock.
- This represents 8.0% of the total outstanding common stock of Tapestry, Inc.
- BlackRock holds sole voting power over 15,313,107 shares.
- BlackRock holds sole dispositive power over 16,314,226 shares.
- No shared voting or dispositive power was reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Tapestry, Inc.
Sentiment
Score: 6
Explanation: The filing indicates a stable, significant institutional holding by BlackRock, which is generally a neutral to slightly positive signal of investor confidence, without providing specific financial performance details.
Positives
- A significant 8.0% stake by a major institutional investor like BlackRock can be interpreted as a vote of confidence in Tapestry, Inc.'s long-term prospects.
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Tapestry, Inc.
Stakeholder Impact
- Shareholders: BlackRock's significant stake means its investment decisions could influence market perception and potentially the company's strategic direction, although BlackRock certifies it does not intend to influence control.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of previously revoked Power of Attorney for BlackRock, Inc. |
| 01/21/2025 | Execution date of the current Power of Attorney for BlackRock, Inc. |
| 12/31/2025 | Date of event which required the filing of this Schedule 13G statement. |
| 01/21/2026 | Signature date of the Schedule 13G filing by BlackRock, Inc. |
Keywords
Tapestry Inc, BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment
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