Baird Financial Group Inc. Sells 171 Shares of The Cooper Companies, Inc. $COO

Baird Financial Group Inc. lowered its stake in shares of The Cooper Companies, Inc. (NASDAQ:COO) by 3.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,543 shares of the medical device company’s stock after selling 171 shares during the quarter. Baird Financial Group Inc.’s holdings in Cooper Companies were worth $468,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT bought a new stake in Cooper Companies during the first quarter worth approximately $33,000. City Holding Co. bought a new stake in shares of Cooper Companies in the first quarter valued at approximately $34,000. GKV Capital Management Co. Inc. bought a new stake in shares of Cooper Companies in the first quarter valued at approximately $40,000. Larson Financial Group LLC boosted its position in shares of Cooper Companies by 1,071.0% in the first quarter. Larson Financial Group LLC now owns 726 shares of the medical device company’s stock valued at $61,000 after acquiring an additional 664 shares during the period. Finally, HM Payson & Co. boosted its position in shares of Cooper Companies by 147.4% in the first quarter. HM Payson & Co. now owns 893 shares of the medical device company’s stock valued at $75,000 after acquiring an additional 532 shares during the period. Institutional investors own 24.39% of the company’s stock.

Insider Buying and Selling

In related news, COO Daniel G. Mcbride acquired 3,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was purchased at an average cost of $65.04 per share, for a total transaction of $195,120.00. Following the completion of the purchase, the chief operating officer directly owned 63,120 shares of the company’s stock, valued at $4,105,324.80. The trade was a 4.99% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Gerard H. Warner III bought 1,450 shares of the stock in a transaction dated Friday, September 5th. The stock was acquired at an average price of $69.23 per share, with a total value of $100,383.50. Following the completion of the purchase, the chief operating officer owned 18,319 shares of the company’s stock, valued at $1,268,224.37. This represents a 8.60% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 15,975 shares of company stock valued at $1,079,566. 1.98% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on COO. Piper Sandler reduced their price objective on Cooper Companies from $105.00 to $83.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. BNP Paribas raised Cooper Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 22nd. Morgan Stanley set a $76.00 price objective on Cooper Companies and gave the company an “equal weight” rating in a research report on Thursday, August 28th. Robert W. Baird reduced their price objective on Cooper Companies from $97.00 to $85.00 and set an “outperform” rating for the company in a research report on Thursday, August 28th. Finally, UBS Group upgraded Cooper Companies to a “buy” rating in a research note on Tuesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.64.

Cooper Companies Stock Performance

Cooper Companies stock opened at $67.66 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.12 and a quick ratio of 1.24. The stock has a fifty day moving average price of $71.75 and a two-hundred day moving average price of $76.31. The Cooper Companies, Inc. has a 52-week low of $61.78 and a 52-week high of $112.38. The firm has a market capitalization of $13.45 billion, a P/E ratio of 33.33, a P/E/G ratio of 1.73 and a beta of 0.97.

Cooper Companies (NASDAQ:COO) last released its quarterly earnings data on Wednesday, August 27th. The medical device company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.03. Cooper Companies had a return on equity of 9.82% and a net margin of 10.08%.The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted $0.96 earnings per share. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. Cooper Companies has set its Q4 2025 guidance at 1.100-1.140 EPS. FY 2025 guidance at 4.080-4.120 EPS. As a group, analysts anticipate that The Cooper Companies, Inc. will post 3.98 EPS for the current fiscal year.

About Cooper Companies

The Cooper Companies, Inc, together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, and myopia in the Americas, Europe, Middle East, Africa, and Asia Pacific.