Compagnie Lombard Odier SCmA Grows Holdings in Intuitive Surgical, Inc. $ISRG

Compagnie Lombard Odier SCmA boosted its position in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 27.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,035 shares of the medical equipment provider’s stock after acquiring an additional 10,314 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Intuitive Surgical were worth $27,205,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ISRG. Holos Integrated Wealth LLC purchased a new stake in shares of Intuitive Surgical in the fourth quarter worth $25,000. Kilter Group LLC bought a new stake in shares of Intuitive Surgical during the 2nd quarter valued at $27,000. Olistico Wealth LLC purchased a new position in shares of Intuitive Surgical during the 4th quarter valued at $28,000. Greykasell Wealth Strategies Inc. bought a new position in Intuitive Surgical in the 3rd quarter worth $27,000. Finally, Caitlin John LLC bought a new position in Intuitive Surgical in the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their price target on Intuitive Surgical from $600.00 to $654.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Zacks Research lowered Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research note on Monday. UBS Group cut their target price on Intuitive Surgical from $570.00 to $550.00 and set a “neutral” rating for the company in a research report on Tuesday, March 17th. Truist Financial lifted their target price on Intuitive Surgical from $620.00 to $650.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Finally, Piper Sandler reissued an “overweight” rating and issued a $620.00 price target (up from $610.00) on shares of Intuitive Surgical in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Intuitive Surgical has an average rating of “Moderate Buy” and a consensus target price of $614.95.

Trending Headlines about Intuitive Surgical

Here are the key news stories impacting Intuitive Surgical this week:

• Positive Sentiment: Recent fundamentals — Intuitive reported a strong quarter (EPS and revenue beats, healthy margins and ~19% year-over-year revenue growth), which underpins investor confidence in growth and helps justify the stock’s premium P/E.
• Positive Sentiment: Analyst / thematic support — Motley Fool coverage frames ISRG as a high-growth pick and highlights the company’s durable competitive position in surgical robotics, which can support longer-term investor demand. Intuitive Surgical Maintains Edge Despite Security Breach
• Neutral Sentiment: Recent trading moves — Coverage of ISRG’s intraday/settlement gains shows short-term buyer interest, but volume and market context suggest this is a continuation of momentum trading rather than a new fundamental catalyst. ISRG Rises But Trails Market
• Negative Sentiment: Security / operational risk — A phishing attack in March compromised an employee account and exposed some customer contact, employee and corporate information; this raises short-term reputational and operational risk and could pressure sentiment until controls and remediation are clearly communicated. Intuitive Surgical Maintains Edge Despite Security Breach
• Negative Sentiment: Analyst downgrade — Zacks cut ISRG from “strong-buy” to “hold,” which can reduce short-term buying pressure from model-driven funds and investor groups that track analyst sentiment. Zacks.com

Intuitive Surgical Stock Up 0.8%

Shares of ISRG stock opened at $464.45 on Thursday. The stock has a market cap of $164.94 billion, a P/E ratio of 58.87, a PEG ratio of 3.56 and a beta of 1.68. Intuitive Surgical, Inc. has a 52 week low of $425.00 and a 52 week high of $603.88. The company’s fifty day simple moving average is $490.34 and its two-hundred day simple moving average is $513.40.

Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings data on Thursday, January 22nd. The medical equipment provider reported $2.53 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.26. Intuitive Surgical had a return on equity of 15.06% and a net margin of 28.38%.The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter last year, the business posted $2.21 earnings per share. The business’s quarterly revenue was up 18.8% compared to the same quarter last year. On average, analysts anticipate that Intuitive Surgical, Inc. will post 6.43 EPS for the current fiscal year.

Insider Activity at Intuitive Surgical

In other Intuitive Surgical news, EVP Myriam Curet sold 421 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $494.96, for a total transaction of $208,378.16. Following the completion of the transaction, the executive vice president owned 409 shares in the company, valued at $202,438.64. This trade represents a 50.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Fredrik Widman sold 133 shares of Intuitive Surgical stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $494.96, for a total value of $65,829.68. Following the completion of the sale, the vice president directly owned 660 shares in the company, valued at approximately $326,673.60. The trade was a 16.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,943 shares of company stock valued at $17,279,568 in the last 90 days. 0.60% of the stock is currently owned by insiders.

Intuitive Surgical Company Profile

Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.

In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.