STERIS climbs after full-year results, new $1B buyback, and upbeat FY2027 outlook

STERIS plc (STE) is up 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move higher appears tied to the company’s fiscal 2026 fourth-quarter and full-year update released May 11, 2026, alongside an upbeat fiscal 2027 outlook. Investors also may have responded positively to STERIS’s newly authorized $1 billion share repurchase program, which can increase demand for shares over time.

Details:

STERIS reported fiscal 2026 revenue from continuing operations of $5.9 billion, up 9% year over year, with 7% constant-currency organic growth.

Full-year fiscal 2026 adjusted EPS was $10.17, and the company guided fiscal 2027 adjusted EPS to $11.10–$11.30 with expected revenue growth of 7%–8%.

The board authorized a new share repurchase program for up to $1 billion of ordinary shares, replacing the prior authorization.

The company also reiterated capital spending plans and discussed a strategic investment in a new sterility assurance manufacturing plant in Mentor, Ohio, targeted to be operational in late calendar 2027.

Sources:

STERIS Investor Relations, GlobeNewswire

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$STE Insider Trading Activity

$STE insiders have traded $STE stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $STE stock by insiders over the last 6 months:

JOHN ADAM ZANGERLE (Sr. VP, Gen Counsel, and Sec.) sold 15,000 shares for an estimated $3,977,100
JULIA MADSEN (Sr. VP and GM, Life Sciences) has made 0 purchases and 2 sales selling 5,008 shares for an estimated $1,312,096.
RENATO TAMARO (V.P. & Corporate Treasurer) has made 0 purchases and 3 sales selling 5,036 shares for an estimated $1,297,039.
CYNTHIA L FELDMANN sold 3,098 shares for an estimated $734,876

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive STE Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$STE Hedge Fund Activity

We have seen 383 institutional investors add shares of $STE stock to their portfolio, and 436 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,632,991 shares (-74.6%) from their portfolio in Q4 2025, for an estimated $921,035,878
WELLINGTON MANAGEMENT GROUP LLP added 1,475,444 shares (+874.9%) to their portfolio in Q4 2025, for an estimated $374,054,562
WCM INVESTMENT MANAGEMENT, LLC removed 1,171,994 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $297,123,918
ALLIANCEBERNSTEIN L.P. added 920,106 shares (+219.9%) to their portfolio in Q4 2025, for an estimated $233,265,273
GENERATION INVESTMENT MANAGEMENT LLP removed 896,456 shares (-30.0%) from their portfolio in Q4 2025, for an estimated $227,269,525
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 627,817 shares (-13.0%) from their portfolio in Q4 2025, for an estimated $159,164,165
AQR CAPITAL MANAGEMENT LLC added 440,164 shares (+37.2%) to their portfolio in Q4 2025, for an estimated $111,590,377

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$STE Congressional Stock Trading

Members of Congress have traded $STE stock 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $STE stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 3 purchases worth up to $45,000 on 05/01, 04/29, 02/10 and 0 sales.
REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 3 times. They made 3 purchases worth up to $45,000 on 04/30, 03/16, 02/06 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.