MedtronicMDT
About: One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.
Employees: 95,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 226 | Existing positions closed: 152
2% more funds holding
Funds holding: 2,037 [Q3] → 2,073 (+36) [Q4]
1.7% more ownership
Funds ownership: 81.28% [Q3] → 82.97% (+1.7%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 31 [Q3] → 31 (+0) [Q4]
7% less call options, than puts
Call options by funds: $586M | Put options by funds: $632M
11% less capital invested
Capital invested by funds: $95.9B [Q3] → $85B (-$10.8B) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 773 | Existing positions reduced: 875
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Citigroup Joanne Wuensch 43% 1-year accuracy 22 / 51 met price target | 22%upside $107 | Buy Upgraded | 4 Mar 2025 |
RBC Capital Shagun Singh 60% 1-year accuracy 40 / 67 met price target | 20%upside $105 | Outperform Reiterated | 19 Feb 2025 |
UBS Danielle Antalffy 38% 1-year accuracy 5 / 13 met price target | 8%upside $95 | Neutral Maintained | 19 Feb 2025 |
Baird David Rescott 75% 1-year accuracy 12 / 16 met price target | 4%upside $91 | Neutral Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 23 articles about MDT published over the past 30 days









