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Stryker reports strong earnings, raises dividend, as major investor slightly reduces stake.
Investment firm Gabelli Funds LLC decreased its holdings in medical tech company Stryker (NYSE:SYK) by 1.1% in the last quarter, now owning 114,524 shares.
Stryker reported strong earnings, beating estimates with $4.01 EPS, and announced a quarterly dividend of $0.84 per share.
Other firms like Kane Investment Management Inc. and XTX Topco Ltd have also invested in Stryker, adding to its market capitalization of $134.91 billion.
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Stryker reporta fuertes ganancias, aumenta el dividendo, ya que el mayor inversor reduce ligeramente su participación.