Sound Shore Management Inc CT reduced its stake in Zimmer Biomet Holdings, Inc. by 3.3% in the third quarter, now holding 896,284 shares valued at $88.3 million. Despite a Q4 earnings beat and a new share buyback program, the medical equipment provider issued cautious FY2026 guidance, citing potential headwinds. Analyst consensus is a “Hold” with a $106.45 price target, while institutional investors own nearly 89% of the company.
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Sound Shore Management Inc CT Decreases Stake in Zimmer Biomet Holdings, Inc. $ZBH
Sound Shore Management Inc CT reduced its stake in Zimmer Biomet Holdings, Inc. by 3.3% in the third quarter, now holding 896,284 shares valued at $88.3 million. Despite a Q4 earnings beat and a new share buyback program, the medical equipment provider issued cautious FY2026 guidance, citing potential headwinds. Analyst consensus is a “Hold” with a $106.45 price target, while institutional investors own nearly 89% of the company.