Stryker Corporation $SYK Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

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Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Stryker Corporation by 4.4%, now owning 699,284 shares valued at over $258 million. This comes as a director sold 250,000 shares for $90.73 million, reducing her position, while the company reported strong quarterly earnings, exceeding estimates with EPS of $4.47 and revenue of $7.17 billion, along with announcing an $0.88 quarterly dividend. Stryker maintains a consensus “Moderate Buy” rating from analysts with an average price target of $426.47.

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