27,891 The Cooper Companies, Inc. $COO Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its holdings in The Cooper Companies, Inc. (NASDAQ:COO) by 247.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,164 shares of the medical device company’s stock after acquiring an additional 27,891 shares during the quarter. Machina Capital S.A.S.’s holdings in Cooper Companies were worth $2,214,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Avalon Trust Co bought a new stake in Cooper Companies during the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC grew its holdings in Cooper Companies by 1,136.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 408 shares of the medical device company’s stock worth $29,000 after acquiring an additional 375 shares during the period. Continuum Advisory LLC acquired a new stake in shares of Cooper Companies during the second quarter worth $30,000. J.Safra Asset Management Corp acquired a new position in shares of Cooper Companies during the 2nd quarter worth about $32,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Cooper Companies during the second quarter valued at approximately $60,000. 24.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on COO shares. Barclays upgraded Cooper Companies to a “hold” rating in a report on Wednesday, October 7th. William Blair lowered Cooper Companies from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 10th. UBS Group lowered their target price on Cooper Companies from $75.00 to $66.00 and set a “neutral” rating for the company in a research note on Thursday, September 10th. Needham & Company LLC lowered their target price on Cooper Companies from $86.00 to $73.00 and set a “buy” rating for the company in a report on Thursday, September 10th. Finally, Piper Sandler reaffirmed a “neutral” rating on shares of Cooper Companies in a research note on Thursday, October 15th. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Cooper Companies currently has a consensus rating of “Hold” and an average price target of $68.60.

Insider Buying and Selling at Cooper Companies

In other Cooper Companies news, Director Lawrence Kurzius bought 10,000 shares of Cooper Companies stock in a transaction on Monday, September 14th. The shares were purchased at an average price of $53.91 per share, with a total value of $539,100.00. Following the acquisition, the director owned 21,099 shares in the company, valued at $1,137,447.09. This trade represents a 90.10% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter M. Rosebrough, Jr. acquired 7,000 shares of Cooper Companies stock in a transaction that occurred on Friday, September 11th. The stock was acquired at an average cost of $54.11 per share, for a total transaction of $378,770.00. Following the completion of the purchase, the director directly owned 17,000 shares of the company’s stock, valued at $919,870. This represents a 70.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 34,701 shares of company stock valued at $1,880,039 in the last three months. 2.08% of the stock is currently owned by company insiders.

Cooper Companies Price Performance

NASDAQ:COO opened at $62.19 on Friday. The Cooper Companies, Inc. has a 12-month low of $51.01 and a 12-month high of $89.83. The stock’s 50 day moving average price is $58.65 and its two-hundred day moving average price is $68.24. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 21.23, a P/E/G ratio of 2.47 and a beta of 0.83.

Cooper Companies (NASDAQ:COO) last announced its quarterly earnings results on Wednesday, September 9th. The medical device company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.03. Cooper Companies had a return on equity of 10.90% and a net margin of 13.46%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the firm posted $0.49 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. Cooper Companies has set its Q4 2026 guidance at 1.050-1.090 EPS and its FY 2026 guidance at 4.510-4.550 EPS. On average, analysts anticipate that The Cooper Companies, Inc. will post 4.53 earnings per share for the current year.

Cooper Companies announced that its board has authorized a share repurchase program on Wednesday, September 9th that authorizes the company to buy back $3 billion in outstanding shares. This buyback authorization authorizes the medical device company to buy up to 22.7% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Cooper Companies Profile

CooperCompanies is a global medical device company focused on vision care and women’s health. It serves customers in markets around the world through two primary businesses: CooperVision and CooperSurgical. CooperVision develops and sells contact lenses, including products for daily wear, astigmatism, presbyopia and myopia management. Its offerings include lenses made from silicone hydrogel and other materials, as well as specialty lens options. CooperSurgical provides products and services for women’s health and fertility care.