Rakuten Investment Management Inc. acquired a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 98,583 shares of the medical instruments supplier’s stock, valued at approximately $121,021,000. Mettler-Toledo International accounts for 0.4% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 21st biggest holding.
Other large investors also recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in shares of Mettler-Toledo International by 42.1% during the 3rd quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock worth $33,000 after buying an additional 8 shares during the period. SJS Investment Consulting Inc. lifted its position in Mettler-Toledo International by 2,700.0% during the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier’s stock worth $34,000 after acquiring an additional 27 shares during the last quarter. NewSquare Capital LLC lifted its position in Mettler-Toledo International by 94.4% during the second quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock worth $41,000 after acquiring an additional 17 shares during the last quarter. MV Capital Management Inc. boosted its holdings in shares of Mettler-Toledo International by 50.0% during the second quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock worth $42,000 after acquiring an additional 12 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Mettler-Toledo International in the third quarter valued at approximately $42,000. 95.07% of the stock is owned by institutional investors.
Insider Activity
In other Mettler-Toledo International news, insider Gerry Keller sold 236 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $1,418.58, for a total value of $334,784.88. Following the sale, the insider owned 159 shares of the company’s stock, valued at approximately $225,554.22. This trade represents a 59.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider La Guerroniere Marc De sold 6,055 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $1,488.18, for a total value of $9,010,929.90. Following the transaction, the insider directly owned 187 shares of the company’s stock, valued at $278,289.66. This trade represents a 97.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 19,565 shares of company stock valued at $28,683,737. Corporate insiders own 0.77% of the company’s stock.
Mettler-Toledo International Stock Down 3.9%
Mettler-Toledo International (NYSE:MTD – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, topping analysts’ consensus estimates of $10.62 by $0.53. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $997.36 million. Mettler-Toledo International had a net margin of 21.20% and a negative return on equity of 426.96%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $10.21 EPS. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS and its FY 2025 guidance at 42.050-42.250 EPS. Equities analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on MTD shares. Citigroup lifted their price target on Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Bank of America upgraded Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price objective on the stock in a research report on Monday, December 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Mettler-Toledo International in a research report on Monday, December 29th. The Goldman Sachs Group initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price target on the stock. Finally, Morgan Stanley initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 2nd. They issued an “equal weight” rating and a $1,550.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $1,441.67.
Check Out Our Latest Stock Analysis on Mettler-Toledo International
Mettler-Toledo International Company Profile
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.
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