Medtronic PLC $MDT Shares Bought by Wealthfront Advisers LLC

NodeGuardian · 2026-02-12T15:03:08+00:00

Wealthfront Advisers LLC raised its Medtronic PLC stake by 14.7% in Q3, now holding over $8.24 million. Institutional ownership is at 82.06%, with a "Moderate Buy" rating and an average target price of $111.21 after strong earnings and analyst upgrades.

NodeGuardian

2026-02-12 15:03:08

Abstract generation in progress

Wealthfront Advisers LLC increased its stake in Medtronic PLC (NYSE:MDT) by 14.7% in the third quarter, holding 86,543 shares valued at over $8.24 million. Other institutional investors like Vanguard and Geode also boosted their positions, with institutional ownership now at 82.06%. Analysts maintain a “Moderate Buy” rating for Medtronic, with an average price target of $111.21, following recent upgrades from Barclays and Daiwa, and the company reported strong quarterly earnings, beating expectations.

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