Medtronic (MDT) reached $83.87 at the closing of the latest trading day, reflecting a +1.8% change compared to its last close.
I initiate coverage on Medtronic, highlighting its status as a leading medtech name with premium margins. MDT offers an attractive diversification opportunity, combining consistent performance with accelerated revenue growth. The stock trades at undervalued levels, supporting a long-term bullish thesis and a defensive investment approach.
Medtronic is a dividend aristocrat with a near-decade high yield, making it an attractive long-term income opportunity. The company is experiencing strong revenue growth, driven by its leading positions in cardiovascular and neuroscience medical devices. While current free cash flow payout ratios are sustainable, investors should monitor future dividend growth rates closely.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 69,091 | $5.83M | $5.75M | -$84,875.58 | -1.46% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 1,237 | $108,982.41 | $102,918.4 | -$6,064.01 | -5.56% |
| MSH Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 708,496 | $59.3M | $58.95M | -$357,190.15 | -0.6% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 902 | $78,484.94 | $75,046.4 | -$3,438.54 | -4.38% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 12,213 | $1.25M | $1.02M | -$234,317.53 | -18.74% |
| Health Care Equipment & Supplies Industry | Healthcare Sector | Geoffrey Straub Martha CEO | NYSE Exchange | G5960L103 CUSIP |
| US Country | 95,000 Employees | 26 Jun 2026 Last Dividend | 27 Sep 1999 Last Split | 13 Jan 1978 IPO Date |
Medtronic plc is a global leader in medical technology, specializing in the development, manufacture, and sale of device-based medical therapies. Serving healthcare systems, physicians, clinicians, and patients around the world, the company is dedicated to alleviating pain, restoring health, and extending life for millions of people. Founded in 1949 and headquartered in Dublin, Ireland, Medtronic operates across various medical domains through its diverse portfolio which includes cardiovascular, medical surgical, neuroscience, and diabetes treatments and technologies.
Medtronic’s comprehensive range of products and services is categorized into four primary segments: