Prudential Financial Inc. Grows Position in Mettler-Toledo International, Inc. $MTD

Prudential Financial Inc. raised its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,914 shares of the medical instruments supplier’s stock after purchasing an additional 104 shares during the quarter. Prudential Financial Inc.’s holdings in Mettler-Toledo International were worth $16,345,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MTD. WPG Advisers LLC purchased a new position in Mettler-Toledo International in the 1st quarter worth $41,000. NewSquare Capital LLC increased its holdings in shares of Mettler-Toledo International by 94.4% in the second quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock valued at $41,000 after purchasing an additional 17 shares during the period. MV Capital Management Inc. raised its stake in shares of Mettler-Toledo International by 50.0% in the second quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock worth $42,000 after purchasing an additional 12 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of Mettler-Toledo International during the first quarter worth about $43,000. Finally, Sound Income Strategies LLC boosted its position in 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 buying an additional 43 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MTD has been the subject of a number of recent research reports. Evercore ISI raised their price target on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. raised their target price on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Bank of America boosted their price objective on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Finally, Robert W. Baird upped their target price on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a “neutral” rating in a research note on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $1,406.50.

Insider Buying and Selling

In other news, insider La Guerroniere Marc De sold 6,055 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $1,488.18, for a total transaction of $9,010,929.90. Following the completion of the sale, the insider owned 187 shares of the company’s stock, valued at $278,289.66. The trade was a 97.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gerry Keller sold 236 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $1,418.58, for a total transaction of $334,784.88. Following the completion of the transaction, the insider directly owned 159 shares in the company, valued at $225,554.22. This represents a 59.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 19,565 shares of company stock worth $28,683,737 in the last 90 days. 0.77% of the stock is owned by insiders.

Mettler-Toledo International Stock Down 1.4%

Shares of Mettler-Toledo International stock opened at $1,485.25 on Thursday. The firm has a market cap of $30.34 billion, a PE ratio of 37.61, a P/E/G ratio of 4.19 and a beta of 1.41. Mettler-Toledo International, Inc. has a twelve month low of $946.69 and a twelve month high of $1,525.17. The business has a 50-day moving average price of $1,360.59 and a 200 day moving average price of $1,269.64.

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

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.