292,100 Shares in Coty $COTY Bought by ING Groep NV

ING Groep NV acquired a new stake in Coty (NYSE:COTY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 292,100 shares of the company’s stock, valued at approximately $900,000.

Other large investors have also modified their holdings of the company. Credit Agricole S A purchased a new stake in shares of Coty during the 3rd quarter worth about $63,824,000. Norges Bank purchased a new position in shares of Coty in the 4th quarter valued at about $41,867,000. Two Sigma Investments LP raised its holdings in Coty by 793.5% in the 3rd quarter. Two Sigma Investments LP now owns 4,401,554 shares of the company’s stock worth $17,782,000 after purchasing an additional 3,908,955 shares during the period. Squarepoint Ops LLC acquired a new position in Coty in the 2nd quarter worth about $15,829,000. Finally, Qube Research & Technologies Ltd purchased a new position in Coty during the second quarter worth approximately $11,015,000. Institutional investors and hedge funds own 42.36% of the company’s stock.

Coty Stock Down 0.2%

NYSE COTY opened at $2.01 on Thursday. The business has a fifty day moving average price of $2.18 and a 200 day moving average price of $2.63. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.49 and a current ratio of 0.82. The company has a market cap of $1.77 billion, a P/E ratio of -3.23, a P/E/G ratio of 0.47 and a beta of 1.00. Coty has a one year low of $1.84 and a one year high of $5.34.

Coty (NYSE:COTY) last released its earnings results on Tuesday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.Coty’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 EPS. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Research analysts anticipate that Coty will post 0.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on COTY shares. Royal Bank Of Canada restated an “outperform” rating and issued a $8.00 price objective on shares of Coty in a research report on Monday, May 4th. TD Cowen lifted their price target on shares of Coty from $2.30 to $2.90 and gave the company a “hold” rating in a research note on Thursday, May 7th. Barclays cut their price target on shares of Coty from $2.50 to $2.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Citigroup increased their price objective on shares of Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Weiss Ratings lowered shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Coty has an average rating of “Reduce” and an average target price of $3.70.

Coty Company Profile

Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.