Ontario Teachers Pension Plan Board Acquires Shares of 17,792 Coty $COTY

Ontario Teachers Pension Plan Board bought a new position in shares of Coty (NYSE:COTY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,792 shares of the company’s stock, valued at approximately $83,000.

A number of other institutional investors have also modified their holdings of COTY. Creative Planning boosted its stake in Coty by 23.8% during the 2nd quarter. Creative Planning now owns 119,857 shares of the company’s stock worth $557,000 after purchasing an additional 23,053 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Coty by 7.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 94,129 shares of the company’s stock valued at $438,000 after buying an additional 6,583 shares during the last quarter. Olympiad Research LP purchased a new stake in shares of Coty in the second quarter valued at about $79,000. PNC Financial Services Group Inc. grew its holdings in shares of Coty by 56.1% during the second quarter. PNC Financial Services Group Inc. now owns 24,860 shares of the company’s stock worth $116,000 after buying an additional 8,939 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of Coty during the second quarter worth about $70,000. 42.36% of the stock is owned by institutional investors and hedge funds.

Coty Trading Down 4.1%

NYSE:COTY opened at $3.36 on Tuesday. Coty has a 1 year low of $3.34 and a 1 year high of $8.04. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.46 and a current ratio of 0.77. The stock has a fifty day moving average price of $4.02 and a two-hundred day moving average price of $4.53. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of -7.62, a PEG ratio of 0.27 and a beta of 2.02.

Coty (NYSE:COTY) last issued its earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.03). The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.Coty’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, sell-side analysts anticipate that Coty will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on COTY shares. Jefferies Financial Group cut Coty from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $6.00 to $4.00 in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Coty in a report on Wednesday, October 8th. Morgan Stanley lowered their price objective on shares of Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. Cowen reissued a “hold” rating on shares of Coty in a research note on Friday, August 22nd. Finally, Wall Street Zen upgraded shares of Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Three research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $5.63.

Insider Activity at Coty

In related news, insider Kristin Blazewicz bought 29,400 shares of the stock in a transaction on Wednesday, September 3rd. The shares were bought at an average cost of $4.30 per share, for a total transaction of $126,420.00. Following the completion of the transaction, the insider owned 829,142 shares of the company’s stock, valued at $3,565,310.60. This represents a 3.68% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sue Nabi bought 260,000 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was bought at an average cost of $3.92 per share, with a total value of $1,019,200.00. Following the completion of the acquisition, the chief executive officer owned 32,127,286 shares of the company’s stock, valued at $125,938,961.12. This represents a 0.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 334,900 shares of company stock worth $1,321,840 in the last ninety days. Corporate insiders own 5.90% of the company’s stock.

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.