Bank of New York Mellon Corp Has $12.85 Million Stake in Coty $COTY

Bank of New York Mellon Corp lessened its position in Coty (NYSE:COTY) by 6.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,764,069 shares of the company’s stock after selling 187,797 shares during the period. Bank of New York Mellon Corp owned about 0.32% of Coty worth $12,853,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. GAM Holding AG bought a new stake in shares of Coty during the second quarter worth $1,442,000. Atria Investments Inc grew its stake in shares of Coty by 10.7% during the second quarter. Atria Investments Inc now owns 27,657 shares of the company’s stock worth $129,000 after purchasing an additional 2,682 shares during the period. Teacher Retirement System of Texas grew its position in shares of Coty by 4.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock worth $277,000 after buying an additional 2,360 shares during the period. Y Intercept Hong Kong Ltd increased its stake in Coty by 121.9% in the second quarter. Y Intercept Hong Kong Ltd now owns 22,630 shares of the company’s stock valued at $105,000 after purchasing an additional 12,433 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Coty by 12.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 262,895 shares of the company’s stock valued at $1,222,000 after buying an additional 28,955 shares in the last quarter. 42.36% of the stock is currently owned by institutional investors.

Coty Stock Down 1.3%

NYSE COTY opened at $3.31 on Wednesday. The business has a fifty day moving average price of $4.00 and a two-hundred day moving average price of $4.52. The stock has a market capitalization of $2.89 billion, a PE ratio of -7.51, a PEG ratio of 0.27 and a beta of 2.02. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.77 and a quick ratio of 0.46. Coty has a fifty-two week low of $3.28 and a fifty-two week high of $8.04.

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 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 5.18% and a negative net margin of 6.24%.The firm’s revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. Equities analysts expect that Coty will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Royal Bank Of Canada dropped their target price on shares of Coty from $12.00 to $10.00 and set a “sector perform” rating on the stock in a report on Friday, August 22nd. Evercore ISI reduced their price target on Coty from $10.00 to $7.00 and set an “outperform” rating for the company in a research report on Thursday, August 21st. Berenberg Bank reissued a “hold” rating and issued a $5.05 price objective (down previously from $6.50) on shares of Coty in a research report on Wednesday, September 10th. Citigroup reiterated a “neutral” rating and set a $4.25 target price (down from $6.50) on shares of Coty in a research note on Thursday, August 21st. Finally, Cowen reiterated a “hold” rating on shares of Coty in a research note on Friday, August 22nd. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $5.63.

Insider Transactions at Coty

In related news, CFO Laurent Mercier purchased 12,500 shares of Coty stock in a transaction on Monday, August 25th. The shares were purchased at an average price of $3.96 per share, for a total transaction of $49,500.00. Following the transaction, the chief financial officer owned 402,216 shares of the company’s stock, valued at approximately $1,592,775.36. This represents a 3.21% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Sue Nabi purchased 260,000 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was purchased at an average price of $3.92 per share, for a total transaction of $1,019,200.00. Following the transaction, the chief executive officer directly owned 32,127,286 shares in the company, valued at approximately $125,938,961.12. This trade represents a 0.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 334,900 shares of company stock worth $1,321,840 in the last 90 days. 5.90% of the stock is currently owned by company insiders.

Coty Company Profile

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.