Exchange Traded Concepts LLC Takes $7.74 Million Position in Sotera Health Company $SHC

Exchange Traded Concepts LLC acquired a new position in shares of Sotera Health Company (NASDAQ:SHC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 438,707 shares of the company’s stock, valued at approximately $7,739,000. Exchange Traded Concepts LLC owned 0.15% of Sotera Health at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. True Wealth Design LLC increased its holdings in shares of Sotera Health by 389.3% in the fourth quarter. True Wealth Design LLC now owns 1,830 shares of the company’s stock worth $32,000 after acquiring an additional 1,456 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Sotera Health during the 4th quarter valued at about $1,125,000. NorthCrest Asset Manangement LLC bought a new position in shares of Sotera Health during the 4th quarter valued at about $183,000. Wedmont Private Capital acquired a new position in shares of Sotera Health in the 4th quarter valued at approximately $221,000. Finally, Nordea Investment Management AB acquired a new position in shares of Sotera Health in the 4th quarter valued at approximately $1,908,000. 91.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Sotera Health in a report on Monday, December 29th. Citigroup upped their price target on shares of Sotera Health from $21.00 to $23.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Zacks Research lowered shares of Sotera Health from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. William Blair started coverage on shares of Sotera Health in a research report on Thursday, December 18th. They issued an “outperform” rating on the stock. Finally, Piper Sandler raised shares of Sotera Health from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $17.00 to $24.00 in a research note on Friday, January 9th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.43.

Sotera Health Stock Performance

NASDAQ SHC opened at $13.13 on Monday. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 48.63 and a beta of 1.84. The stock’s 50 day moving average price is $16.28 and its two-hundred day moving average price is $16.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 2.24 and a current ratio of 2.46. Sotera Health Company has a 52 week low of $9.53 and a 52 week high of $19.85.

Sotera Health (NASDAQ:SHC) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The company had revenue of $303.44 million during the quarter, compared to analysts’ expectations of $300.68 million. Sotera Health had a net margin of 6.70% and a return on equity of 42.38%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. Sotera Health has set its FY 2026 guidance at 0.930-1.01 EPS. As a group, analysts anticipate that Sotera Health Company will post 0.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sotera Health news, Director Gtcr Investment Xi Llc sold 10,000,000 shares of Sotera Health stock in a transaction on Friday, March 6th. The shares were sold at an average price of $15.27, for a total value of $152,700,000.00. Following the sale, the director directly owned 12,735,301 shares in the company, valued at approximately $194,468,046.27. The trade was a 43.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 55.12% of the company’s stock.

Sotera Health Profile

Sotera Health Inc (NASDAQ: SHC) is a global provider of sterilization and laboratory testing services that support the medical device, pharmaceutical, life sciences and consumer product industries. Headquartered in Jacksonville, Florida, the company offers a suite of services designed to ensure products meet rigorous safety and regulatory requirements before reaching market.

Sotera Health operates through three primary service platforms. Its Sterigenics division delivers contract sterilization solutions, including ethylene oxide (EtO), gamma irradiation, electron beam and X-ray technologies.