Intuitive Surgical (ISRG) exhibits higher institutional interest compared to Stryker (SYK) based on the following points:
- Recent Institutional Activity:
- ISRG has seen significant institutional activity, including both additions and reductions in holdings12. For example, Woodstock Corp trimmed its stake, while Creekmur Asset Management LLC and Delos Wealth Advisors LLC increased theirs13.
- Stryker (SYK) has also seen institutional activity, but the changes in holdings are not as extensive as those for ISRG4. For instance, abrdn plc increased its holdings in SYK, but the percentage increase is lower compared to ISRG's recent changes4.
- Institutional Ownership Percentage:
- ISRG has a higher percentage of shares held by institutions, with 83.64% of the company's stock owned by institutional investors12.
- The exact ownership percentage for Stryker (SYK) is not available, but it is likely to be lower than ISRG's percentage4.
- Analyst Ratings and Price Targets:
- ISRG has received positive analyst ratings and price target increases, indicating strong confidence from analysts5. This suggests that institutions may be influenced by the positive outlook.
- SYK has also been given a "buy" rating by analysts, but the price target increase is not as significant as those for ISRG4.
- Market Capitalization and Financial Performance:
- ISRG has a higher market capitalization, which could indicate greater investor confidence and institutional interest1.
- Both companies have shown strong financial performance, but ISRG's revenue growth and earnings per share (EPS) beat expectations, which may attract more institutional interest3.
In conclusion, based on the recent institutional activity, higher institutional ownership percentage, positive analyst ratings, and stronger market capitalization, Intuitive Surgical (ISRG) appears to have higher institutional interest compared to Stryker (SYK) at this time.