Added to YB: 2026-09-17
Pitch date: 2026-09-15
MDT [bullish]
Medtronic plc
Author Info
No bio for this author
Company Info
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.
Market Cap
$120.0B
Pitch Price
N/A
Price Target
N/A
Dividend
3.07%
EV/EBITDA
13.05
P/E
23.11
EV/Sales
3.72
Sector
Health Care Equipment and Supplies
Category
special_situation
No Cap? Currently Capped by Three Hundredths of a Percent: Medtronic’s MiniMed Split-Off Odd Lot
MDT: Medtronic’s MiniMed split-off offers a nominal 7% discount and odd-lot priority for 99 shares, currently implying about $694 of gross spread versus $698 uncapped. The plan is to buy in thirds or halves across the October 5–7 pricing window and tender in an HSA. Monitor MDT ÷ MMED against 4.2723: the barely binding cap leaves full parent downside while calling away upside, and MiniMed’s nine-times-float delivery creates disposal risk.
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