TD Asset Management Inc Decreases Position in The Cooper Companies, Inc. $COO

TD Asset Management Inc decreased its position in The Cooper Companies, Inc. (NASDAQ:COO) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 758,694 shares of the medical device company’s stock after selling 45,915 shares during the period. TD Asset Management Inc owned about 0.38% of Cooper Companies worth $52,016,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of COO. CYBER HORNET ETFs LLC purchased a new position in shares of Cooper Companies during the 2nd quarter valued at $36,000. MUFG Securities EMEA plc purchased a new stake in Cooper Companies during the second quarter valued at about $42,000. Assetmark Inc. boosted its position in Cooper Companies by 357.8% during the second quarter. Assetmark Inc. now owns 618 shares of the medical device company’s stock worth $44,000 after purchasing an additional 483 shares during the period. Quent Capital LLC purchased a new position in shares of Cooper Companies in the third quarter worth about $44,000. Finally, Mather Group LLC. bought a new stake in shares of Cooper Companies in the third quarter valued at approximately $56,000. 24.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Lawrence Erik Kurzius purchased 2,000 shares of the stock in a transaction on Wednesday, December 17th. The shares were acquired at an average price of $82.50 per share, for a total transaction of $165,000.00. Following the completion of the transaction, the director directly owned 7,777 shares of the company’s stock, valued at approximately $641,602.50. This trade represents a 34.62% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Albert G. White III acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was purchased at an average price of $80.80 per share, with a total value of $808,000.00. Following the completion of the acquisition, the chief executive officer directly owned 236,151 shares in the company, valued at approximately $19,081,000.80. This represents a 4.42% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 16,014 shares of company stock valued at $1,304,416 over the last quarter. Insiders own 1.98% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on COO. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $73.00 price objective on shares of Cooper Companies in a report on Friday, January 9th. Needham & Company LLC cut their price target on Cooper Companies from $100.00 to $99.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Mizuho set a $100.00 price objective on Cooper Companies and gave the company an “outperform” rating in a research note on Friday, December 5th. Robert W. Baird increased their price objective on Cooper Companies from $85.00 to $98.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, Citigroup reissued a “neutral” rating and issued a $88.00 price target (up from $72.00) on shares of Cooper Companies in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.77.

Cooper Companies Stock Performance

NASDAQ:COO opened at $84.01 on Friday. The stock has a market cap of $16.39 billion, a P/E ratio of 44.69, a PEG ratio of 2.38 and a beta of 1.03. The company has a quick ratio of 1.13, a current ratio of 1.89 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average price is $82.25 and its two-hundred day moving average price is $75.61. The Cooper Companies, Inc. has a twelve month low of $61.78 and a twelve month high of $92.84.

Cooper Companies (NASDAQ:COO) last posted its quarterly earnings data on Thursday, December 4th. The medical device company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Cooper Companies had a net margin of 9.16% and a return on equity of 10.02%. Cooper Companies’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 earnings per share. Cooper Companies has set its FY 2026 guidance at 4.450-4.600 EPS and its Q1 2026 guidance at 1.020-1.040 EPS. As a group, equities analysts predict that The Cooper Companies, Inc. will post 3.98 EPS for the current fiscal year.

About Cooper Companies

Cooper Companies, Inc (NASDAQ: COO) is a global medical device company headquartered in San Ramon, California. Founded in 1958, the company has grown through strategic acquisitions and organic development to become a major provider of vision care and women’s health products. Cooper Companies operates through two primary business segments—CooperVision and CooperSurgical—each serving specialized markets within the healthcare industry.

The CooperVision segment develops, manufactures and markets a broad range of soft contact lenses, as well as related accessories.