New York State Common Retirement Fund Has $9.97 Million Stock Position in ODDITY Tech Ltd. $ODD

New York State Common Retirement Fund reduced its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 23.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 132,095 shares of the company’s stock after selling 40,748 shares during the quarter. New York State Common Retirement Fund owned 0.24% of ODDITY Tech worth $9,969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ODD. State of New Jersey Common Pension Fund D boosted its position in ODDITY Tech by 74.9% in the second quarter. State of New Jersey Common Pension Fund D now owns 14,323 shares of the company’s stock valued at $1,081,000 after buying an additional 6,132 shares in the last quarter. Federated Hermes Inc. acquired a new position in shares of ODDITY Tech during the first quarter worth $190,000. Jennison Associates LLC bought a new position in shares of ODDITY Tech in the 2nd quarter valued at $423,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of ODDITY Tech in the 2nd quarter valued at $1,029,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of ODDITY Tech by 378.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after acquiring an additional 531,334 shares in the last quarter. Institutional investors own 35.88% of the company’s stock.

ODDITY Tech Stock Performance

NASDAQ:ODD opened at $44.98 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. ODDITY Tech Ltd. has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The company has a 50 day simple moving average of $47.08 and a two-hundred day simple moving average of $60.35. The company has a market capitalization of $2.51 billion, a PE ratio of 25.13, a P/E/G ratio of 2.27 and a beta of 3.16.

ODDITY Tech (NASDAQ:ODD) last issued its quarterly earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The firm had revenue of $147.90 million for the quarter, compared to the consensus estimate of $145.44 million. During the same quarter in the previous year, the company earned $0.32 EPS. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. Research analysts anticipate that ODDITY Tech Ltd. will post 1.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

ODD has been the subject of a number of recent research reports. Zacks Research raised ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Morgan Stanley lowered their price objective on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. KeyCorp dropped their price objective on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating for the company in a report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of ODDITY Tech in a research report on Wednesday, October 8th. Finally, JMP Securities restated a “market outperform” rating and issued a $80.00 price target on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.20.

About ODDITY Tech

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.