Rep. Julie Johnson Sells Off Shares of Medtronic PLC (NYSE:MDT)
by Renee Jackson · The Cerbat GemRepresentative Julie Johnson (D-Texas) recently sold shares of Medtronic PLC (NYSE:MDT). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Medtronic stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.
Medtronic Stock Performance
Medtronic stock opened at $98.54 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.80 and a debt-to-equity ratio of 0.57. Medtronic PLC has a 1 year low of $79.29 and a 1 year high of $106.33. The company has a market cap of $126.33 billion, a PE ratio of 26.56, a PEG ratio of 2.59 and a beta of 0.71. The company’s 50-day moving average is $97.32 and its two-hundred day moving average is $93.25.
Medtronic (NYSE:MDT – Get Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The medical technology company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.31 by $0.05. The company had revenue of $8.96 billion during the quarter, compared to analysts’ expectations of $8.86 billion. Medtronic had a net margin of 13.71% and a return on equity of 14.86%. Medtronic’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.26 EPS. Medtronic has set its FY 2026 guidance at 5.620-5.660 EPS. Equities analysts anticipate that Medtronic PLC will post 5.46 earnings per share for the current year.
Medtronic Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, December 26th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, December 26th. Medtronic’s payout ratio is currently 76.55%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. 1248 Management LLC bought a new position in shares of Medtronic during the 1st quarter valued at about $26,000. Delos Wealth Advisors LLC bought a new stake in Medtronic during the 2nd quarter worth approximately $27,000. Corundum Trust Company INC acquired a new stake in Medtronic during the 3rd quarter worth approximately $27,000. Twin Tree Management LP bought a new position in Medtronic in the first quarter valued at approximately $29,000. Finally, Valley Wealth Managers Inc. bought a new position in Medtronic in the third quarter valued at approximately $29,000. 82.06% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have commented on MDT. Daiwa Capital Markets lifted their target price on shares of Medtronic from $104.00 to $117.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price objective on Medtronic from $90.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Piper Sandler reaffirmed a “neutral” rating on shares of Medtronic in a research note on Friday, November 14th. Wall Street Zen lowered Medtronic from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Medtronic in a report on Monday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $109.94.
Get Our Latest Research Report on Medtronic
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.
About Medtronic
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software.
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