Medtronic Plc has experienced a fluctuating stock price recently with some reports noting a 1.05% and 1.09% decrease, while other periods recorded stock gains. Growth challenges are persistent, but the company remains a reliable option for safe dividend stocks in healthcare. Hedge Fund holdings of Medtronic increased by 0.18% recently.
Even though the stock has underperformed in some aspects, the company covered a strong finish to its fiscal year in Q4, with increased revenue and strategic movements. Reports of notable personnel changes, like the appointment of a new CFO for MiniMed ahead of a planned separation into an independent company, add to changes in the company. Anticipation surrounds financial forecasts, but Medtronic is still considered a top dividend stock with over 3% Yield and it's planning to announce dividends soon.
Medtronic’s involvement in the bio-tech sector is highlighted by its advancement in AI-Powered Healthcare. Approval in the EU for MiniMed 780G System and a CE Mark for a wider age-group also adds to Medtronic’s role in medical devices.
Medtronic Plc MDT News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Fri, 01 Aug 2025 21:45:02 GMT - Rating 3 - Innovation 7 - Information 8 - Rumor -2
