Thrivent Financial for Lutherans Increases Stock Holdings in Coty $COTY

Thrivent Financial for Lutherans boosted its holdings in shares of Coty (NYSE:COTY) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,753,712 shares of the company’s stock after buying an additional 727,404 shares during the period. Thrivent Financial for Lutherans owned approximately 1.00% of Coty worth $35,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in COTY. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Coty by 3.1% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock valued at $425,000 after acquiring an additional 3,138 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Coty by 54.5% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 55,587 shares of the company’s stock worth $225,000 after purchasing an additional 19,607 shares during the last quarter. Inscription Capital LLC acquired a new position in Coty during the 3rd quarter valued at approximately $54,000. State of Alaska Department of Revenue raised its holdings in shares of Coty by 77.5% in the third quarter. State of Alaska Department of Revenue now owns 73,130 shares of the company’s stock worth $295,000 after buying an additional 31,941 shares during the last quarter. Finally, GAM Holding AG lifted its stake in shares of Coty by 109.7% during the third quarter. GAM Holding AG now owns 650,000 shares of the company’s stock worth $2,626,000 after buying an additional 340,000 shares during the period. Institutional investors and hedge funds own 42.36% of the company’s stock.

Coty Stock Performance

COTY opened at $3.23 on Tuesday. The firm has a fifty day moving average price of $3.21 and a 200 day moving average price of $3.87. Coty has a 1 year low of $2.94 and a 1 year high of $7.16. The stock has a market cap 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 debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.54.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. TD Cowen cut their target price on Coty from $3.50 to $3.40 and set a “hold” rating on the stock in a research report on Wednesday, January 21st. Rothschild & Co Redburn started coverage on Coty in a report on Tuesday, November 25th. They issued a “neutral” rating and a $3.60 price objective on the stock. Wall Street Zen raised Coty from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Citigroup dropped their target price on Coty from $4.25 to $3.50 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Coty in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $5.20.

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.