Vestcor Inc Sells 982 Shares of Mettler-Toledo International, Inc. $MTD

Vestcor Inc trimmed its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 42.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,307 shares of the medical instruments supplier’s stock after selling 982 shares during the quarter. Vestcor Inc’s holdings in Mettler-Toledo International were worth $1,604,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Mettler-Toledo International in the 2nd quarter valued at about $360,126,000. Rakuten Investment Management Inc. acquired a new stake in shares of Mettler-Toledo International in the third quarter valued at approximately $121,021,000. Corient Private Wealth LLC raised its position in shares of Mettler-Toledo International by 91.8% in the second quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock valued at $164,775,000 after buying an additional 67,149 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Mettler-Toledo International by 752.2% in the third quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after buying an additional 64,951 shares during the period. Finally, Fiera Capital Corp grew its position in Mettler-Toledo International by 19.0% during the second quarter. Fiera Capital Corp now owns 342,837 shares of the medical instruments supplier’s stock worth $402,737,000 after buying an additional 54,740 shares in the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday, December 29th. Wells Fargo & Company increased their target price on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the stock an “equal weight” rating in a report on Monday, December 15th. Morgan Stanley decreased their price target on Mettler-Toledo International from $1,550.00 to $1,475.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. The Goldman Sachs Group began coverage on Mettler-Toledo International in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price target for the company. Finally, Barclays reduced their price objective on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock in a research note on Monday, December 15th. Six 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 presently has a consensus rating of “Hold” and a consensus price target of $1,435.42.

Check Out Our Latest Stock Report on MTD

Insider Activity at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total value of $1,128,096.00. Following the sale, the chief financial officer directly owned 5,288 shares in the company, valued at approximately $7,456,714.56. This trade represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.94% of the company’s stock.

Mettler-Toledo International Stock Performance

Mettler-Toledo International stock opened at $1,228.64 on Thursday. Mettler-Toledo International, Inc. has a 52 week low of $946.69 and a 52 week high of $1,525.17. The stock has a market capitalization of $24.98 billion, a P/E ratio of 29.17, a price-to-earnings-growth ratio of 2.58 and a beta of 1.43. The stock has a fifty day moving average of $1,387.86 and a 200-day moving average of $1,370.18.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The medical instruments supplier reported $13.36 earnings per share for the quarter, beating the consensus estimate of $12.76 by $0.60. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the firm posted $12.41 earnings per share. Mettler-Toledo International’s revenue was up 8.1% compared to the same quarter last year. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. On average, research analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Mettler-Toledo International Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mettler-Toledo International, Inc. (NYSE:MTDFree Report).

Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.