Teacher Retirement System of Texas lowered its holdings in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 79.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,721 shares of the medical instruments supplier’s stock after selling 10,347 shares during the quarter. Teacher Retirement System of Texas’ holdings in Mettler-Toledo International were worth $3,340,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Versant Capital Management Inc raised its stake in shares of Mettler-Toledo International by 42.1% during the third 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 last quarter. SJS Investment Consulting Inc. lifted its holdings in shares of Mettler-Toledo International by 2,700.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier’s stock valued at $34,000 after purchasing an additional 27 shares in the last quarter. NewSquare Capital LLC boosted 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 buying an additional 17 shares during the period. MV Capital Management Inc. boosted its stake in Mettler-Toledo International by 50.0% in the 2nd 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 period. Finally, Root Financial Partners LLC bought a new position in shares of Mettler-Toledo International during the third quarter worth about $42,000. Institutional investors and hedge funds own 95.07% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on MTD shares. Evercore ISI raised 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. Bank of America upgraded Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price target on the stock in a research note on Monday, December 15th. The Goldman Sachs Group assumed coverage on shares of Mettler-Toledo International in a research report on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 price objective for the company. Barclays reduced their target price on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a research report on Monday, December 15th. Finally, Stifel Nicolaus boosted their price target on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $1,441.67.
Mettler-Toledo International Stock Performance
NYSE MTD opened at $1,400.86 on Thursday. The stock has a market cap of $28.62 billion, a PE ratio of 34.93, a PEG ratio of 4.24 and a beta of 1.41. Mettler-Toledo International, Inc. has a fifty-two week low of $946.69 and a fifty-two week high of $1,525.17. The firm’s fifty day moving average price is $1,434.10 and its two-hundred day moving average price is $1,350.38.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted its earnings results 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. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $997.36 million. During the same period last year, the company earned $10.21 earnings per share. The business’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 and its FY 2025 guidance at 42.050-42.250 EPS. As a group, sell-side analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, CEO Patrick Kaltenbach sold 2,000 shares of the business’s 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 value of $2,925,000.00. Following the transaction, the chief executive officer owned 3,670 shares in the company, valued at approximately $5,367,375. The trade was a 35.27% decrease in their position. The sale 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 Mettler-Toledo International stock in a transaction 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 completion of the sale, the director owned 311 shares of the company’s stock, valued at $445,840.27. This represents a 60.38% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have 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 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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