Thompson Siegel & Walmsley LLC Boosts Stock Holdings in Coty $COTY

Thompson Siegel & Walmsley LLC raised its stake in Coty (NYSE:COTY) by 17.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,252,655 shares of the company’s stock after buying an additional 481,656 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.37% of Coty worth $10,018,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. purchased a new position in shares of Coty during the 4th quarter worth approximately $32,000. Cornerstone Wealth Management LLC acquired a new position in shares of Coty in the 4th quarter valued at $37,000. North Dakota State Investment Board acquired a new position in shares of Coty in the 4th quarter valued at $37,000. Objective Capital Management LLC acquired a new position in shares of Coty in the 4th quarter valued at $43,000. Finally, United Capital Financial Advisors LLC acquired a new position in shares of Coty in the 3rd quarter valued at $43,000. 42.36% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Coty

In other Coty news, insider Bretten Gordon Von bought 83,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $2.41 per share, for a total transaction of $200,030.00. Following the acquisition, the insider directly owned 986,620 shares of the company’s stock, valued at $2,377,754.20. This trade represents a 9.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 5.90% of the stock is owned by insiders.

Coty Trading Down 3.5%

Shares of NYSE:COTY opened at $2.06 on Tuesday. The company has a 50 day moving average of $2.20 and a 200-day moving average of $2.70. The firm has a market cap of $1.81 billion, a P/E ratio of -3.31, a P/E/G ratio of 0.50 and a beta of 1.01. Coty has a twelve month low of $1.89 and a twelve month high of $5.34. The company has a current ratio of 0.82, a quick ratio of 0.49 and a debt-to-equity ratio of 0.97.

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

Analyst Ratings Changes

COTY has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Citigroup lifted their price target on shares of Coty from $2.50 to $2.80 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Barclays cut their price objective on shares of Coty from $2.50 to $2.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Canaccord Genuity Group set a $2.50 target price on shares of Coty in a research report on Monday, February 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $2.50 price target on shares of Coty in a report on Monday, February 9th. One investment analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Coty presently has an average rating of “Reduce” and a consensus target price of $3.70.

Coty 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.