Rothschild & Co Redburn started coverage on shares of Coty (NYSE:COTY – Free Report) in a research report released on Tuesday, MarketBeat Ratings reports. The firm issued a neutral rating and a $3.60 price target on the stock.
A number of other research firms have also recently weighed in on COTY. Bank of America cut their price objective on shares of Coty from $4.00 to $3.50 and set an “underperform” rating on the stock in a research report on Friday, August 22nd. The Goldman Sachs Group cut their price target on shares of Coty from $6.00 to $4.50 and set a “neutral” rating on the stock in a report on Friday, August 22nd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Coty from $6.00 to $4.00 and set a “hold” rating on the stock in a research report on Thursday, August 21st. Wall Street Zen upgraded Coty from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Citigroup reissued a “neutral” rating and set a $4.25 price target (down from $6.50) on shares of Coty in a research note on Thursday, August 21st. Three research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $5.42.
Check Out Our Latest Research Report on Coty
Coty Stock Performance
Coty (NYSE:COTY – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. On average, research analysts anticipate that Coty will post 0.39 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Kristin Blazewicz bought 29,400 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was purchased at an average cost of $4.30 per share, for a total transaction of $126,420.00. Following the purchase, the insider directly owned 829,142 shares in the company, valued at approximately $3,565,310.60. This trade represents a 3.68% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.90% of the company’s stock.
Institutional Investors Weigh In On Coty
A number of hedge funds have recently modified their holdings of COTY. Corient Private Wealth LLC boosted its holdings in shares of Coty by 16.6% during the 2nd quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock worth $75,000 after purchasing an additional 2,286 shares during the last quarter. Impact Capital Partners LLC increased its stake in shares of Coty by 21.1% in the 2nd quarter. Impact Capital Partners LLC now owns 13,486 shares of the company’s stock worth $63,000 after acquiring an additional 2,346 shares during the last quarter. Teacher Retirement System of Texas increased its stake in shares of Coty by 4.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock worth $277,000 after acquiring an additional 2,360 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Coty by 23.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,436 shares of the company’s stock worth $58,000 after acquiring an additional 2,398 shares during the period. Finally, Comerica Bank boosted its position in shares of Coty by 1.6% during the 1st quarter. Comerica Bank now owns 162,693 shares of the company’s stock valued at $890,000 after acquiring an additional 2,639 shares during the last quarter. 42.36% of the stock is currently owned by institutional investors and hedge funds.
About Coty
Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.
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