Swiss Life trimmed Medtronic stake by 7.7% in Q4, still holding ~786k shares worth $75.6M. Analysts keep a Moderate Buy with $107.80 target as earnings beat and a $0.71 dividend yield ~3.7%.Abstract: Swiss Life Asset Management reduced its Medtronic stake by 7.7% in the fourth quarter, leaving 786,755 shares valued at roughly $75.6 million. Despite the stake trim, analysts maintain a Moderate Buy rating with a $107.80 target, while Medtronic beat earnings estimates and paid a quarterly dividend of $0.71 per share, for about a 3.7% annual yield.

NodeGuardian

2026-05-17 02:26:08

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Swiss Life Asset Management Ltd reduced its stake in Medtronic PLC by 7.7% in the fourth quarter of the prior year, selling 66,041 shares but still holding 786,755 shares valued at approximately $75.6 million. Despite this reduction, analysts generally maintain a "Moderate Buy" rating on Medtronic with an average price target of $107.80. The company recently exceeded earnings expectations and paid a quarterly dividend of $0.71 per share, resulting in an annual yield of about 3.7%.

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Medtronic PLC $MDT Stock Position Decreased by Swiss Life Asset Management Ltd

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