Cooper Stock Buyback: $2B Plan After Earnings Beat

Snack-Sized Version:

Generali Asset Management recently reduced its stake in The Cooper Companies by 45.7%. The fund sold 12,514 shares during the third quarter, according to a new SEC filing. However, this sale contrasts with other institutional activity, as several hedge funds increased their holdings. The news also follows Cooper’s latest earnings report. The company beat Q3 estimates with $1.15 in EPS and $1.07 billion in revenue. In addition, Cooper’s board authorized a significant $2.0 billion stock repurchase plan. This buyback program could potentially cover up to 15.4% of the company’s outstanding shares, signaling management confidence.

Read the Full Meal:

Generali Asset Management SPA SGR cut its position in The Cooper Companies by 45.7%. The firm sold 12,514 shares in the third quarter, as a result. However, other institutional investors have been buying the stock. For instance, Amundi and Select Equity Group L.P. both increased their holdings. This mixed institutional activity comes after Cooper reported strong quarterly results. The company beat earnings estimates and also announced a new stock buyback. The board authorized a $2.0 billion repurchase plan. Meanwhile, Wall Street analysts remain divided on the stock. They currently hold a consensus rating of “Moderate Buy” with an average price target of $90.15, but individual ratings vary widely.

Generali Sells Stake as Cooper Beats Earnings, Buys Back Stock

• Key Stake Sale: Generali Asset Management reduced its position by 45.7% in the third quarter, selling 12,514 shares.
• Share Repurchase: The company’s board of directors authorized a large $2.0 billion stock repurchase plan.
• Insider Confidence: In addition, two company directors purchased a combined total of 2,784 shares in December.
• Analyst View: Analysts have a consensus “Moderate Buy” rating, though ratings range from Strong Buy to Sell.

Why this can matter for NASDAQ:COO holders

• Shareholder Returns: The $2 billion buyback authorization allows the company to return significant capital to shareholders.
• Ownership Signals: While one fund sold its shares, recent insider buying suggests confidence from company leadership.
• Valuation Debate: The wide range of analyst ratings indicates a debate over the stock’s current valuation and future.

For more details, see COO SEC filings.

What to watch next

1. Next Earnings Report: Monitor the company’s Q1 2026 earnings release for updates on its performance and guidance.
2. Institutional Filings: Watch for the next round of 13F filings to track changes in hedge fund and institutional ownership.

Mini FAQ

What was Cooper Companies’ recent earnings performance?
The company reported Q3 EPS of $1.15 on $1.07 billion in revenue. Consequently, both figures beat consensus estimates from analysts.

Did any institutions change their holdings in COO?
Yes, Generali Asset Management sold 12,514 shares. This reduced its stake by 45.7%. However, other funds like Amundi increased their positions.

What is Cooper Companies’ plan for capital returns?
The board initiated a stock repurchase plan. As a result, the company can buy back up to $2.0 billion in its own shares.

See Also

• The Cooper Companies Inc. News Hub
• Elevance Institutional Ownership Soars Amid Mixed Views
• Piper Sandler Valuation Questioned After Run