Sierra Legacy Group Makes New Investment in Mettler-Toledo International, Inc. $MTD

Sierra Legacy Group bought a new position in Mettler-Toledo International, Inc. (NYSE:MTD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 809 shares of the medical instruments supplier’s stock, valued at approximately $950,000.

Several other large investors have also recently modified their holdings of the stock. WPG Advisers LLC purchased a new stake in Mettler-Toledo International during the 1st quarter valued at about $41,000. NewSquare Capital LLC lifted its stake 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 worth $41,000 after buying an additional 17 shares in the last quarter. MV Capital Management Inc. grew 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 valued at $42,000 after buying an additional 12 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Mettler-Toledo International during the first quarter valued at approximately $43,000. Finally, Sound Income Strategies LLC raised its holdings in Mettler-Toledo International by 477.8% in the 2nd quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock worth $61,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Trading Up 0.7%

NYSE MTD opened at $1,398.50 on Wednesday. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,471.06. The stock has a market cap of $28.57 billion, a price-to-earnings ratio of 35.41, a PEG ratio of 4.19 and a beta of 1.41. The company’s 50 day moving average is $1,338.33 and its two-hundred day moving average is $1,255.33.

Mettler-Toledo International (NYSE:MTD) last posted 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 business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $997.36 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $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. Sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Shawn Vadala sold 1,895 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $1,455.52, for a total value of $2,758,210.40. Following the transaction, the chief financial officer directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elisha W. Finney sold 474 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $1,433.57, for a total transaction of $679,512.18. Following the sale, the director directly owned 311 shares of the company’s stock, valued at approximately $445,840.27. This trade represents a 60.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,249 shares of company stock valued at $16,338,723 over the last three months. Insiders own 1.94% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on MTD shares. Wells Fargo & Company raised their target price on shares of Mettler-Toledo International from $1,200.00 to $1,400.00 and gave the stock an “equal weight” rating in a report on Monday, November 10th. JPMorgan Chase & Co. raised their target price on 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. Weiss Ratings restated a “hold (c)” rating on shares of Mettler-Toledo International in a research note on Wednesday, October 8th. Robert W. Baird increased their price objective on shares of 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. Finally, Evercore ISI boosted their target price on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Mettler-Toledo International currently has an average rating of “Hold” and a consensus target price of $1,406.50.

Mettler-Toledo International 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.