Grantham Mayo Van Otterloo & Co. LLC Has $4.87 Million Position in Medtronic PLC $MDT

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Grantham Mayo Van Otterloo & Co. LLC has reduced its stake in Medtronic PLC (NYSE:MDT) by 24.4% in the third quarter, now holding 51,116 shares valued at $4.87 million. Other institutional investors have made various adjustments to their holdings, and Medtronic reported strong Q3 earnings, beating analyst estimates with $1.36 EPS and $9.02 billion in revenue. The company also announced a quarterly dividend of $0.71 per share and received a “Moderate Buy” consensus rating from analysts with an average target price of $110.74.

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