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flag Spire Wealth Management greatly increased its stake in Ralph Lauren, following the company's strong earnings and dividend hike.

flag Spire Wealth Management significantly increased its stake in Ralph Lauren Corporation by 709.6%, now owning 1,692 shares valued at $373,000. flag Ralph Lauren reported strong earnings of $2.27 per share and revenue of $1.70 billion, exceeding estimates. flag The company also raised its quarterly dividend to $0.9125. flag Analysts predict an EPS of 12.01 for the year, with a "Moderate Buy" consensus rating and a target price of $292.88.

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