Mutual of America Capital Management LLC Decreases Position in The Cooper Companies, Inc. $COO

Mutual of America Capital Management LLC trimmed its holdings in shares of The Cooper Companies, Inc. (NASDAQ:COO) by 28.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,285 shares of the medical device company’s stock after selling 12,151 shares during the period. Mutual of America Capital Management LLC’s holdings in Cooper Companies were worth $2,145,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. J.Safra Asset Management Corp increased its stake in Cooper Companies by 204.8% in the 2nd 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 during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Cooper Companies during the second quarter valued at approximately $36,000. MUFG Securities EMEA plc bought a new position in shares of Cooper Companies in the second quarter worth approximately $42,000. Assetmark Inc. increased 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 worth $44,000 after buying an additional 483 shares during the period. Finally, Quent Capital LLC bought a new stake in Cooper Companies during the 3rd quarter valued at $44,000. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Citigroup reaffirmed a “neutral” rating and set a $88.00 price target (up previously from $72.00) on shares of Cooper Companies in a research report on Monday, December 8th. Weiss Ratings raised Cooper Companies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Morgan Stanley raised their price target on Cooper Companies from $76.00 to $83.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Piper Sandler reiterated an “overweight” rating and issued a $94.00 price target (up previously from $83.00) on shares of Cooper Companies in a research note on Friday, December 5th. Finally, Stifel Nicolaus set a $95.00 price objective on shares of Cooper Companies and gave the company a “buy” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $90.85.

Insiders Place Their Bets

In related news, CEO Albert G. White III bought 10,000 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was purchased at an average price of $80.80 per share, for a total transaction of $808,000.00. Following the acquisition, the chief executive officer owned 236,151 shares in the company, valued at $19,081,000.80. This trade represents a 4.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Rivas acquired 1,000 shares of Cooper Companies stock in a transaction that occurred on Thursday, December 18th. The stock was purchased at an average cost of $82.13 per share, for a total transaction of $82,130.00. Following the completion of the transaction, the director directly owned 11,141 shares in the company, valued at $915,010.33. This trade represents a 9.86% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 16,014 shares of company stock worth $1,304,416 over the last ninety days. 1.98% of the stock is owned by company insiders.

Cooper Companies Price Performance

Shares of COO opened at $81.38 on Monday. The firm has a fifty day simple moving average of $81.07 and a two-hundred day simple moving average of $74.26. The firm has a market cap of $15.95 billion, a PE ratio of 43.29, a P/E/G ratio of 2.32 and a beta of 1.03. The company has a current ratio of 1.89, a quick ratio of 1.13 and a debt-to-equity ratio of 0.30. The Cooper Companies, Inc. has a 1-year low of $61.78 and a 1-year high of $97.95.

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

Cooper Companies 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.