Schroder Investment Management Group lowered its position in The Cooper Companies, Inc. (NASDAQ:COO – Free Report) by 19.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 619,816 shares of the medical device company’s stock after selling 145,983 shares during the period. Schroder Investment Management Group’s holdings in Cooper Companies were worth $41,943,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Cooper Companies by 48.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,407 shares of the medical device company’s stock valued at $1,890,000 after purchasing an additional 7,363 shares in the last quarter. Assetmark Inc. boosted its stake in Cooper Companies by 357.8% in 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 in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Cooper Companies during the second quarter worth $514,000. Aviva PLC grew its holdings in shares of Cooper Companies by 6.9% during the second quarter. Aviva PLC now owns 148,728 shares of the medical device company’s stock worth $10,583,000 after purchasing an additional 9,576 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Cooper Companies by 11.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 383,736 shares of the medical device company’s stock valued at $27,307,000 after buying an additional 38,427 shares in the last quarter. 24.39% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, Director Lawrence Erik Kurzius bought 2,000 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were purchased at an average price of $82.50 per share, with a total value of $165,000.00. Following the completion of the purchase, the director owned 7,777 shares of the company’s stock, valued at $641,602.50. This represents a 34.62% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Holly R. Sheffield bought 1,230 shares of Cooper Companies stock in a transaction on Tuesday, December 16th. The shares were bought at an average price of $80.75 per share, for a total transaction of $99,322.50. Following the acquisition, the insider owned 39,052 shares of the company’s stock, valued at approximately $3,153,449. The trade was a 3.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 16,014 shares of company stock valued at $1,304,416 in the last ninety days. 2.08% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on Cooper Companies
Cooper Companies Price Performance
COO opened at $73.75 on Thursday. The company has a fifty day moving average price of $81.66 and a two-hundred day moving average price of $76.00. The firm has a market capitalization of $14.39 billion, a PE ratio of 36.51, a P/E/G ratio of 1.92 and a beta of 1.02. The Cooper Companies, Inc. has a 52 week low of $61.78 and a 52 week high of $89.83. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.79 and a current ratio of 1.34.
Cooper Companies (NASDAQ:COO – Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The medical device company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. Cooper Companies had a return on equity of 10.34% and a net margin of 9.67%.The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the business posted $0.92 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. Cooper Companies has set its Q2 2026 guidance at 4.580-4.660 EPS. As a group, analysts anticipate that The Cooper Companies, Inc. will post 3.98 earnings per share for the current 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.
Read More
- Five stocks we like better than Cooper Companies
- “This AI Giant is About to Go Bust”
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- Elon Musk’s $1 Quadrillion AI IPO
- Is Trump Done? Shocking leak…
Want to see what other hedge funds are holding COO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Cooper Companies, Inc. (NASDAQ:COO – Free Report).
Receive News & Ratings for Cooper Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper Companies and related companies with MarketBeat.com's FREE daily email newsletter.
