STERIS plc (STE) stock has seen significant interest from various investment firms.
Voya Investment Management has stock holdings valued at $5.43 Million and
State Street Corp has increased its stake in the company. Firms such as
Coho Partners and
Federated Hermes has reduced their holdings, indicating fluctuation in investor sentiment. Several other asset management companies, including
Amundi,
Norges Bank, and
Vanguard Group, have grown their stock holdings, indicative of a favorable financial view of the company's performance. The company’s stocks are described as a “
Moderate Buy” by brokerages, and it has showcased strong revenue growth and improved margins in its latest earnings report. Some reports also suggest that shareholders who had invested in Steris three years ago would have seen a 44% gain, but recommended that investors hold the stock in their portfolio for now. Despite some negative forecasts for Steris’earnings, the company has significantly outperformed predictions. The stock price has remained steady with Wells Fargo maintaining its 'Overweight' rating following a strong earnings announcement. The Q2 2025 earnings call highlighted continued revenue growth, and the company has seen 10% revenue growth in recent times.
Steris Plc STE News Analytics from Thu, 23 Jan 2025 08:00:00 GMT to Fri, 26 Dec 2025 19:29:16 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 6
