Security Financial Services INC. boosted its stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 30.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 338 shares of the medical instruments supplier’s stock after purchasing an additional 79 shares during the period. Security Financial Services INC.’s holdings in Mettler-Toledo International were worth $397,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings 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 during the last quarter. Legato Capital Management LLC increased its position in shares of Mettler-Toledo International by 107.7% during the first quarter. Legato Capital Management LLC now owns 2,050 shares of the medical instruments supplier’s stock worth $2,421,000 after buying an additional 1,063 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its stake in 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 buying an additional 2,493 shares during the last quarter. Sound Income Strategies LLC lifted its holdings 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 period. Finally, LPL Financial LLC boosted its position in Mettler-Toledo International by 16.3% during the first quarter. LPL Financial LLC now owns 5,404 shares of the medical instruments supplier’s stock valued at $6,382,000 after acquiring an additional 758 shares during the last quarter. 95.07% of the stock is owned by institutional investors.
Analyst Ratings Changes
MTD has been the topic of several recent analyst reports. Citigroup boosted their price target on Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Stifel Nicolaus increased their target price on shares of Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Barclays raised their price target on shares of Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. JPMorgan Chase & Co. increased their price objective on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Finally, Bank of America boosted their target price on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Five 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.com, the company has an average rating of “Hold” and an average target price of $1,406.50.
Insiders Place Their Bets
In other Mettler-Toledo International news, CFO Shawn Vadala sold 1,895 shares of Mettler-Toledo International stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $1,455.52, for a total value of $2,758,210.40. Following the sale, the chief financial officer owned 5,288 shares of the company’s stock, valued at approximately $7,696,789.76. The trade was a 26.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Patrick Kaltenbach sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $1,462.50, for a total transaction of $2,925,000.00. Following the transaction, the chief executive officer directly owned 3,670 shares of the company’s stock, valued at $5,367,375. This represents a 35.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,549 shares of company stock worth $16,736,223 over the last 90 days. Company insiders own 1.94% of the company’s stock.
Mettler-Toledo International Stock Performance
Shares of MTD opened at $1,404.27 on Friday. The firm has a market capitalization of $28.69 billion, a P/E ratio of 35.56, a P/E/G ratio of 4.19 and a beta of 1.41. Mettler-Toledo International, Inc. has a 52 week low of $946.69 and a 52 week high of $1,471.06. The stock has a 50 day moving average price of $1,334.60 and a two-hundred day moving average price of $1,248.36.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $997.36 million. During the same period in the prior year, the firm posted $10.21 EPS. The firm’s quarterly 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. On average, equities analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.
About Mettler-Toledo International
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.
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