Financial institutions like Oak Thistle LLC, Thrivent Financial for Lutherans, State Street Corp, Dearborn Partners LLC, Amundi, and Nebula Research & Development LLC have significantly increased their stock holdings in STERIS plc. On the other hand, London Co. of Virginia, Federated Hermes Inc., M&T Bank Corp, Elevation Point Wealth Partners LLC, and Mackenzie Financial Corp reduced their position in the company. Shares of STERIS plc also saw purchase by Caden Capital Partners, iSAM Funds UK, Legacy Capital Wealth Partners, and ProShare Advisors LLC.
STERIS plc's stock (STE) demonstrated a strong growth, showcased by a 10% revenue growth and a reinforced fiscal outlook. This has led to a 'Moderate Buy' consensus rating by brokerages. However, the stock has fluctuated, with some shareholders failing to see immediate returns whilst long-term investors are in the black.
Despite a marginal decline following last earnings report, industry analysts maintain a positive view on STERIS driven by the MedTech momentum. The stock has a strong earnings potential, outstanding revenue growth, and momentum in the healthcare sector.
Finally, STERIS announced a $0.63 quarterly dividend and a CFO transition with Michael J. Tokich to be succeeded by Karen L. Burton.
Steris Plc STE News Analytics from Fri, 07 Feb 2025 08:00:00 GMT to Fri, 19 Dec 2025 11:30:07 GMT - Rating 7 - Innovation 8 - Information 7 - Rumor 1
