The Cooper Companies, Inc. $COO Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lifted its position in shares of The Cooper Companies, Inc. (NASDAQ:COO) by 96.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,099,750 shares of the medical device company’s stock after buying an additional 1,525,693 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Cooper Companies were worth $212,519,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp boosted its position in Cooper Companies by 204.8% during the second quarter. J.Safra Asset Management Corp now owns 506 shares of the medical device company’s stock worth $36,000 after purchasing an additional 340 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Cooper Companies during the 2nd quarter worth $36,000. MUFG Securities EMEA plc purchased a new stake in shares of Cooper Companies in the 2nd quarter worth about $42,000. Assetmark Inc. grew its stake in Cooper Companies by 357.8% in the 2nd quarter. Assetmark Inc. now owns 618 shares of the medical device company’s stock valued at $44,000 after acquiring an additional 483 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in Cooper Companies during the 3rd quarter valued at about $44,000. 24.39% of the stock is owned by hedge funds and other institutional investors.

Cooper Companies Stock Up 0.1%

Shares of NASDAQ COO opened at $82.37 on Tuesday. The firm has a market cap of $16.14 billion, a P/E ratio of 43.81, a price-to-earnings-growth ratio of 2.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.13 and a current ratio of 1.89. The Cooper Companies, Inc. has a 1 year low of $61.78 and a 1 year high of $100.24. The firm’s 50 day moving average price is $79.45 and its 200 day moving average price is $73.80.

Cooper Companies (NASDAQ:COO) last issued its quarterly earnings results on Thursday, December 4th. The medical device company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. Cooper Companies had a return on equity of 10.02% and a net margin of 9.16%.The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm posted $1.04 EPS. Cooper Companies’s revenue was up 4.6% on a year-over-year basis. 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, sell-side analysts anticipate that The Cooper Companies, Inc. will post 3.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COO. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price target (up previously from $94.00) on shares of Cooper Companies in a report on Friday, December 5th. Wells Fargo & Company lifted their price objective on Cooper Companies from $72.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Friday, December 5th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $73.00 target price on shares of Cooper Companies in a research note on Friday, January 9th. Weiss Ratings raised Cooper Companies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Finally, Mizuho set a $100.00 price target on Cooper Companies and gave the stock an “outperform” rating in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $90.31.

Insider Transactions at Cooper Companies

In other Cooper Companies news, insider Holly R. Sheffield bought 1,230 shares of Cooper Companies stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of $80.75 per share, for a total transaction of $99,322.50. Following the completion of the transaction, the insider owned 39,052 shares of the company’s stock, valued at $3,153,449. This represents a 3.25% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Rivas purchased 1,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was acquired at an average cost of $82.13 per share, for a total transaction of $82,130.00. Following the completion of the purchase, the director owned 11,141 shares in the company, valued at $915,010.33. The trade was a 9.86% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 16,014 shares of company stock valued at $1,304,416. Corporate insiders own 1.98% of the company’s stock.

Cooper Companies Company Profile

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.