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MDT

Medtronic plc

At today's price, Medtronic plc (MDT) is priced for +4.5% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+4.5% growth
Priced In
within-range

Key Takeaways

Medtronic is one of the largest medical-device companies in the world, spread across Cardiovascular (about 38% of revenue), Neuroscience (28%), Medical-Surgical, and the diabetes business it just partly spun out through the MiniMed IPO. Fiscal 2026 delivered $36.4 billion in revenue, up 8.4% reported, its fastest annual growth in a decade. The balance sheet underwrites a 48-year dividend-increase streak. The company carries net debt near $17 billion at about 2.6 times operating income with inte

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Institutional ownership

2,178 institutional managers reported holding MDT in 13F filings for the quarter ended 2026-03-31. Together they hold about 81% of the company; the top 10 hold 37%. 140 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 18.4M shares were sold short as of the 2026-06-15 count, about 1% of shares outstanding (1.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

MDT has cut its share count 4.6% over the past five years, spending $9.60B on repurchases. It pays a dividend, and has paid one every year in our records (12 and counting), raised 11 years straight; the current rate is $2.84 a share annually. Cash returned over the past three years: $10.89B in dividends and $6.41B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at MDT over the trailing three years: 2025: 2 buys totaling $463k. 26 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

MDT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-03-02+0.3%+8.5%
2023-09-01+2.5%-11.7%
2023-12-01+4.3%+9.6%
2024-02-28+1.8%-3.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

MDT's latest 8-K filings: 2026-06-03 (items 2.02, 9.01); 2026-05-18 (items 5.02, 9.01); 2026-04-27 (items 7.01, 9.01); 2026-03-24 (items 7.01); 2026-02-17 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare MDT

ALC vs MDTBDX vs MDTBSX vs MDTDXCM vs MDTEW vs MDTGEHC vs MDT

Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.