Insider Selling: Mettler-Toledo International (NYSE:MTD) CEO Sells 2,000 Shares of Stock

Mettler-Toledo International, Inc. (NYSE:MTD) CEO Patrick Kaltenbach sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $1,462.50, for a total value of $2,925,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,670 shares of the company’s stock, valued at $5,367,375. The trade was a 35.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Mettler-Toledo International Stock Up 0.4%

Shares of Mettler-Toledo International stock traded up $5.66 on Thursday, reaching $1,453.47. The company’s stock had a trading volume of 28,544 shares, compared to its average volume of 164,679. The company has a market capitalization of $29.94 billion, a P/E ratio of 36.88, a PEG ratio of 4.19 and a beta of 1.41. The stock has a 50-day moving average price of $1,330.14 and a 200-day moving average price of $1,244.83. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,471.06.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.62 by $0.53. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $997.36 million. During the same period last year, the firm posted $10.21 earnings per share. The company’s revenue was up 7.9% compared to the same quarter last year. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS. FY 2025 guidance at 42.050-42.250 EPS. Sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. increased its position in shares of Mettler-Toledo International by 29.0% during the 1st quarter. Russell Investments Group Ltd. now owns 116,502 shares of the medical instruments supplier’s stock worth $137,548,000 after purchasing an additional 26,171 shares during the last quarter. Legato Capital Management LLC lifted its stake in Mettler-Toledo International by 107.7% during the 1st quarter. Legato Capital Management LLC now owns 2,050 shares of the medical instruments supplier’s stock worth $2,421,000 after acquiring an additional 1,063 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Mettler-Toledo International by 46.7% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,829 shares of the medical instruments supplier’s stock worth $9,245,000 after purchasing an additional 2,493 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of Mettler-Toledo International by 477.8% in the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after purchasing an additional 43 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Mettler-Toledo International by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 15,823 shares of the medical instruments supplier’s stock valued at $18,686,000 after purchasing an additional 393 shares in the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MTD. JPMorgan Chase & Co. boosted their price objective on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Barclays lifted their price target on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the stock an “overweight” rating in a research note on Monday. Stifel Nicolaus increased their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research note on Monday. Evercore ISI raised their price objective on Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Mettler-Toledo International presently has an average rating of “Hold” and a consensus price target of $1,406.50.

Mettler-Toledo International Company Profile

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.