Mettler-Toledo International, Inc. $MTD Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 46.1% in the third quarter, HoldingsChannel reports. The firm owned 4,293 shares of the medical instruments supplier’s stock after selling 3,673 shares during the period. PNC Financial Services Group Inc.’s holdings in Mettler-Toledo International were worth $5,270,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MTD. Bank of New York Mellon Corp grew its holdings in Mettler-Toledo International by 71.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 904,264 shares of the medical instruments supplier’s stock valued at $1,062,257,000 after buying an additional 376,419 shares during the last quarter. Norges Bank acquired a new position in shares of Mettler-Toledo International in the second quarter worth $360,126,000. Rakuten Investment Management Inc. purchased a new stake in shares of Mettler-Toledo International in the third quarter valued at $121,021,000. Corient Private Wealth LLC boosted its stake in shares of Mettler-Toledo International by 91.8% during the second quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock valued at $164,775,000 after acquiring an additional 67,149 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of Mettler-Toledo International by 752.2% during the third quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after acquiring an additional 64,951 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Up 0.0%

Mettler-Toledo International stock opened at $1,375.96 on Friday. The firm has a fifty day moving average of $1,413.78 and a 200-day moving average of $1,366.58. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,525.17. The firm has a market capitalization of $27.97 billion, a P/E ratio of 32.67, a PEG ratio of 2.89 and a beta of 1.42.

Mettler-Toledo International (NYSE:MTDGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The medical instruments supplier reported $13.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.76 by $0.60. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the firm earned $12.41 EPS. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. On average, research analysts expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mettler-Toledo International news, CFO Shawn Vadala sold 800 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total value of $1,128,096.00. Following the transaction, the chief financial officer owned 5,288 shares in the company, valued at $7,456,714.56. The trade was a 13.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider La Guerroniere Marc De sold 6,055 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $1,488.18, for a total value of $9,010,929.90. Following the sale, the insider owned 187 shares of the company’s stock, valued at approximately $278,289.66. This trade represents a 97.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 8,880 shares of company stock valued at $13,138,326. Company insiders own 1.94% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Barclays lowered their price target on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a report on Monday, December 15th. Wells Fargo & Company increased their price target on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the stock an “equal weight” rating in a research note on Monday, December 15th. Citigroup lifted their price objective on Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, The Goldman Sachs Group started coverage on Mettler-Toledo International in a research report on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,435.42.

View Our Latest Analysis on MTD

Mettler-Toledo International Company Profile

(Free Report)

Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.

Featured Articles

Want to see what other hedge funds are holding MTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mettler-Toledo International, Inc. (NYSE:MTDFree Report).

Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.