STERIS plc $STE Shares Sold by Mackenzie Financial Corp
Mackenzie Financial Corp reduced its stake in STERIS plc by 36.4% in Q2, now holding 11,804 shares worth $2.84 million. Other institutional investors like Orbis Allan Gray Ltd and Norges Bank have acquired significant stakes. Insider sales include VP Renato Tamaro selling 5,036 shares. STERIS reported Q2 earnings of $2.47 per share, beating estimates, with revenue of $1.46 billion. The company declared a quarterly dividend of $0.63 per share. Analysts have given positive ratings, with Morgan Stanley raising the price target to $295.
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