Swedbank AB reduced Medtronic stake, Q2 EPS exceeded estimates, CEO sold shares, and Q4 dividend of $0.70 announced.

Institutional investor Swedbank AB reduced its stake in Medtronic plc by 1.7% during Q2, while Medtronic reported $1.46 EPS, exceeding analyst estimates by $0.01. Medtronic's CEO, Geoffrey Martha, sold 19,113 shares on June 7th. The medical tech company announced a Q4 dividend of $0.70, payable on October 11th. Medtronic currently has an average rating of "Hold" and an average target price of $91.30.

August 17, 2024
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