Mettler-Toledo International, Inc. $MTD Stake Boosted by Swiss National Bank

Swiss National Bank boosted its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 6.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 63,100 shares of the medical instruments supplier’s stock after purchasing an additional 3,600 shares during the quarter. Swiss National Bank’s holdings in Mettler-Toledo International were worth $74,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its position in 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 in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings 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 valued at $9,245,000 after buying an additional 2,493 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Mettler-Toledo International by 477.8% during the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after buying an additional 43 shares in the last quarter. LPL Financial LLC lifted its stake in Mettler-Toledo International by 16.3% in the 1st quarter. LPL Financial LLC now owns 5,404 shares of the medical instruments supplier’s stock worth $6,382,000 after acquiring an additional 758 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in Mettler-Toledo International by 84.9% during the 1st quarter. Acadian Asset Management LLC now owns 2,513 shares of the medical instruments supplier’s stock worth $2,965,000 after acquiring an additional 1,154 shares during the period. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Shawn Vadala sold 1,895 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1,455.52, for a total transaction of $2,758,210.40. Following the transaction, the chief financial officer owned 5,288 shares of the company’s stock, valued at approximately $7,696,789.76. This represents a 26.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider La Guerroniere Marc De sold 6,880 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $1,450.00, for a total value of $9,976,000.00. Following the completion of the transaction, the insider directly owned 187 shares in the company, valued at $271,150. The trade was a 97.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,249 shares of company stock valued at $16,338,723 in the last three months. 1.94% of the stock is currently owned by corporate insiders.

Mettler-Toledo International Stock Up 3.9%

NYSE MTD opened at $1,454.06 on Monday. The stock has a market capitalization of $29.70 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 4.19 and a beta of 1.41. Mettler-Toledo International, Inc. has a 12-month low of $946.69 and a 12-month high of $1,471.06. The company has a 50 day moving average price of $1,347.64 and a two-hundred day moving average price of $1,262.51.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS for the quarter, topping 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 company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $997.36 million. During the same quarter in the prior year, the business posted $10.21 EPS. Mettler-Toledo International’s quarterly revenue was up 7.9% on a year-over-year basis. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS. FY 2025 guidance at 42.050-42.250 EPS. As a group, equities analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MTD. Stifel Nicolaus upped their target price on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a report on Monday, November 10th. Bank of America upped their price objective on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research note on Monday, September 22nd. Wells Fargo & Company lifted their target price on shares of Mettler-Toledo International from $1,200.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Finally, Robert W. Baird increased their price objective on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price 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.