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flag Medtronic PLC reported higher-than-expected quarterly earnings and raised its dividend.

flag Several institutional investors increased their stakes in Medtronic PLC, a medical technology firm, this year. flag Medtronic reported a 3.9% rise in quarterly revenue to $8.93 billion and an EPS of $1.62, exceeding analyst estimates. flag The company's stock has a market cap of $110.54 billion and a consensus target price of $97.87. flag Medtronic also raised its quarterly dividend to $0.71 per share, marking a yield of 3.29%.

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