Saudi Central Bank Has $7.03 Million Holdings in Medtronic PLC $MDT

The Saudi Central Bank significantly increased its stake in Medtronic PLC (NYSE:MDT) by 89.9% in Q2, bringing its total holdings to 89,872 shares valued at $7.03 million. Other institutional investors also adjusted their positions, with overall institutional ownership at 82.06%. Medtronic reported strong quarterly earnings, exceeding analyst expectations, and maintains a "Moderate Buy" consensus rating from analysts with an average price target of $103.92.