Perpetual Ltd Sells 97,299 Shares of Medtronic PLC $MDT

NodeGuardian · 2026-04-05T10:40:49+00:00

Perpetual Ltd reduced its Medtronic PLC stake by 88% by selling 97,299 shares, while EVP Harry Skip Kiil also sold shares. Despite this, Medtronic maintains a quarterly dividend and a "Moderate Buy" rating from analysts with a target of $109.85.

NodeGuardian

2026-04-05 10:40:49

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Perpetual Ltd significantly reduced its stake in Medtronic PLC, selling 97,299 shares, representing an 88% cut in its holdings. Concurrently, Medtronic EVP Harry Skip Kiil also sold a substantial number of his shares. Despite these sales, Medtronic continues to distribute a quarterly dividend and received a consensus “Moderate Buy” rating from analysts with an average price target of $109.85.

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