The Cooper Companies, Inc. $COO Shares Bought by Capital World Investors

Capital World Investors boosted its holdings in The Cooper Companies, Inc. (NASDAQ:COOFree Report) by 25.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,551,592 shares of the medical device company’s stock after purchasing an additional 2,159,233 shares during the quarter. Capital World Investors owned approximately 5.31% of Cooper Companies worth $723,417,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired 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 shares of Cooper Companies in the second quarter worth about $42,000. Assetmark Inc. grew its stake in shares of Cooper Companies by 357.8% in the second quarter. Assetmark Inc. now owns 618 shares of the medical device company’s stock valued at $44,000 after buying an additional 483 shares in the last quarter. Quent Capital LLC acquired a new position in Cooper Companies during the 3rd quarter worth approximately $44,000. Finally, Mather Group LLC. purchased a new position in Cooper Companies in the 3rd quarter worth approximately $56,000. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on COO. The Goldman Sachs Group restated a “sell” rating and issued a $73.00 target price on shares of Cooper Companies in a research note on Friday, January 9th. Needham & Company LLC boosted their price objective on shares of Cooper Companies from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Wall Street Zen raised shares of Cooper Companies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Piper Sandler restated an “overweight” rating and set a $94.00 target price (up from $83.00) on shares of Cooper Companies in a research note on Friday, December 5th. Finally, Wells Fargo & Company upped their price target on shares of Cooper Companies from $72.00 to $82.00 and gave the company an “equal weight” rating in a report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $90.79.

Get Our Latest Stock Analysis on Cooper Companies

Cooper Companies Trading Down 1.9%

Cooper Companies stock opened at $74.41 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.79 and a current ratio of 1.34. The Cooper Companies, Inc. has a 1 year low of $61.78 and a 1 year high of $89.83. The firm has a market cap of $14.52 billion, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 1.95 and a beta of 1.02. The firm’s 50 day moving average price is $81.82 and its two-hundred day moving average price is $76.01.

Cooper Companies (NASDAQ:COOGet Free Report) last released its earnings results on Thursday, March 5th. The medical device company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. Cooper Companies had a return on equity of 10.34% and a net margin of 9.67%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. Cooper Companies has set its Q2 2026 guidance at 4.580-4.660 EPS. On average, research analysts predict that The Cooper Companies, Inc. will post 3.98 EPS for the current fiscal year.

Key Headlines Impacting Cooper Companies

Here are the key news stories impacting Cooper Companies this week:

Insider Buying and Selling

In other Cooper Companies news, Director Lawrence Erik Kurzius acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was acquired at an average price of $82.50 per share, with a total value of $165,000.00. Following the transaction, the director owned 7,777 shares of the company’s stock, valued at approximately $641,602.50. This trade represents a 34.62% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Cynthia L. Lucchese acquired 1,784 shares of Cooper Companies stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $84.06 per share, with a total value of $149,963.04. Following the completion of the transaction, the director directly owned 9,445 shares of the company’s stock, valued at $793,946.70. This trade represents a 23.29% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have acquired 16,014 shares of company stock valued at $1,304,416. 2.08% of the stock is owned by corporate insiders.

Cooper Companies Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Cooper Companies (NASDAQ:COO)

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.