Thrivent Financial for Lutherans Grows Stake in Coty $COTY

Thrivent Financial for Lutherans boosted its stake in Coty (NYSE:COTY) by 9.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,753,712 shares of the company’s stock after buying an additional 727,404 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Coty were worth $35,365,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Shay Capital LLC purchased a new position in shares of Coty in the second quarter valued at approximately $46,000. FORA Capital LLC acquired a new position in Coty in the 2nd quarter valued at $47,000. Amplius Wealth Advisors LLC acquired a new stake in Coty during the 3rd quarter worth $47,000. Vident Advisory LLC acquired a new stake in Coty during the 2nd quarter worth $50,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Coty during the second quarter worth $53,000. 42.36% of the stock is currently owned by hedge funds and other institutional investors.

Coty Price Performance

NYSE:COTY opened at $3.23 on Tuesday. Coty has a 52 week low of $2.94 and a 52 week high of $7.16. The stock’s fifty day moving average is $3.21 and its two-hundred day moving average is $3.87. The company has a market capitalization of $2.82 billion, a P/E ratio of -7.01, a P/E/G ratio of 0.22 and a beta of 0.95. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 1.05.

Coty (NYSE:COTY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.58 billion. Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The firm’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 earnings per share. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. Equities analysts expect that Coty will post 0.39 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on COTY. Rothschild Redb upgraded shares of Coty to a “hold” rating in a research report on Tuesday, November 25th. Canaccord Genuity Group set a $3.50 target price on Coty in a report on Monday. Evercore ISI lowered Coty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 23rd. TD Cowen reduced their price objective on Coty from $3.50 to $3.40 and set a “hold” rating on the stock in a research report on Wednesday, January 21st. Finally, Barclays set a $3.00 target price on Coty in a report on Friday, January 16th. Two analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Coty presently has a consensus rating of “Reduce” and a consensus target price of $5.20.

About Coty

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.