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STE

STERIS plc

At today's price, STERIS plc (STE) is priced for +17.1% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+17.1% growth
Priced In
within-range

Key Takeaways

• STERIS is a sterilization and infection-prevention leader whose value is the recurring consumables and service tied to its installed base, growing about 9% across all three segments with Applied Sterilization Technologies up 13% in the first quarter. • The biggest risk is valuation against a rising cost base: at about 27 times trailing earnings only peer-multiple and growth methods reach the roughly $215.89 price, while a raised tariff hit of about $45 million kept management from lifting EPS

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Institutional ownership

816 institutional managers reported holding STE in 13F filings for the quarter ended 2026-03-31. 67 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 2.0M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (2.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

STE's share count grew 8.9% over the past five years even with $812.26M spent on repurchases. It pays a dividend, and has paid one every year in our records (8 and counting), raised 7 years straight; the current rate is $2.46 a share annually. Cash returned over the past three years: $615.82M in dividends and $449.86M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at STE over the trailing three years. Absence is a fact about the company, not a signal. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

STE's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-09+1.0%-0.9%
2023-11-08-5.1%+8.6%
2024-02-09-2.5%-9.0%
2024-05-30+6.2%+8.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

STE's latest 8-K filings: 2026-05-11 (items 2.02, 9.01); 2026-05-07 (items 5.02, 7.01, 9.01); 2026-04-06 (items 5.02); 2026-02-04 (items 2.02, 9.01); 2025-11-05 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.