STERIS (NYSE:STE) Shares Unloaded by Rep. Kevin Hern

Posted by Kim Johansen on Sep 29th, 2026

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of STERIS plc (NYSE:STE). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in STERIS stock on September 15th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/14/2026.

STERIS Price Performance

STERIS stock opened at $211.02 on Tuesday. The company has a current ratio of 1.91, a quick ratio of 1.35 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $20.57 billion, a PE ratio of 25.80 and a beta of 0.91. STERIS plc has a 12 month low of $195.14 and a 12 month high of $269.44. The stock has a 50-day moving average price of $224.38 and a two-hundred day moving average price of $218.45.

STERIS (NYSE:STE – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The medical equipment provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.49 by $0.10. STERIS had a return on equity of 14.34% and a net margin of 13.34%.The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the firm posted $2.34 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. STERIS has set its FY 2027 guidance at 11.000-11.300 EPS. Analysts expect that STERIS plc will post 11.12 EPS for the current year.

STERIS Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were given a dividend of $0.69 per share. The ex-dividend date was Friday, September 4th. This represents a $2.76 dividend on an annualized basis and a yield of 1.3%. This is an increase from STERIS’s previous quarterly dividend of $0.63. STERIS’s dividend payout ratio is presently 33.74%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on STE shares. Piper Sandler reiterated an “overweight” rating and set a $275.00 price target (up from $270.00) on shares of STERIS in a report on Friday, August 7th. Wall Street Zen upgraded shares of STERIS from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. UBS Group decreased their price target on STERIS from $275.00 to $270.00 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of STERIS in a report on Monday, August 24th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $271.33.

Read Our Latest Research Report on STE

Institutional Investors Weigh In On STERIS

Several institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP increased its holdings in shares of STERIS by 21.9% in the 2nd quarter. Wellington Management Group LLP now owns 3,502,897 shares of the medical equipment provider’s stock worth $737,605,000 after buying an additional 629,532 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of STERIS by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 2,523,620 shares of the medical equipment provider’s stock worth $637,259,000 after purchasing an additional 14,151 shares during the period. Janus Henderson Group PLC increased its position in shares of STERIS by 25.7% during the first quarter. Janus Henderson Group PLC now owns 1,863,139 shares of the medical equipment provider’s stock valued at $411,995,000 after buying an additional 380,504 shares during the period. Norges Bank purchased a new stake in shares of STERIS in the 4th quarter worth about $320,298,000. Finally, Franklin Resources Inc. increased its position in STERIS by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,252,844 shares of the medical equipment provider’s stock valued at $317,621,000 after buying an additional 7,840 shares in the last quarter. Hedge funds and other institutional investors own 94.69% of the company’s stock.

Insider Activity at STERIS

In other news, Director Mohsen Sohi sold 4,058 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $235.78, for a total transaction of $956,795.24. Following the transaction, the director directly owned 24,305 shares of the company’s stock, valued at $5,730,632.90. This represents a 14.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.12% of the stock is owned by corporate insiders.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About STERIS

(Get Free Report)

STERIS plc (NYSE: STE) is a global provider of products and services designed to support infection prevention, sterilization, surgical procedures and other critical healthcare and life sciences activities. The company serves hospitals, ambulatory surgery centers, dental practices, pharmaceutical and biotechnology manufacturers, medical device companies, and research organizations.

Its offerings include sterilizers, washers, surgical tables and lights, operating-room equipment, endoscopy products, infection-prevention consumables, and related maintenance and technical services.