AG2R LA Mondiale Gestion D Actifs Has $1.20 Million Stock Holdings in Mettler-Toledo International, Inc. $MTD

AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 9.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,025 shares of the medical instruments supplier’s stock after buying an additional 87 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Mettler-Toledo International were worth $1,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alliancebernstein L.P. raised its stake in Mettler-Toledo International by 21.6% during the 1st quarter. Alliancebernstein L.P. now owns 709,328 shares of the medical instruments supplier’s stock worth $837,653,000 after buying an additional 126,147 shares during the period. PineStone Asset Management Inc. grew its holdings in shares of Mettler-Toledo International by 41.9% in the second quarter. PineStone Asset Management Inc. now owns 334,349 shares of the medical instruments supplier’s stock valued at $392,766,000 after acquiring an additional 98,737 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Mettler-Toledo International by 42.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,722 shares of the medical instruments supplier’s stock valued at $361,030,000 after acquiring an additional 90,395 shares in the last quarter. Nuveen LLC bought a new position in Mettler-Toledo International during the first quarter valued at $71,897,000. Finally, Jones Financial Companies Lllp grew its holdings in Mettler-Toledo International by 27,938.9% during the first quarter. Jones Financial Companies Lllp now owns 49,068 shares of the medical instruments supplier’s stock valued at $57,945,000 after purchasing an additional 48,893 shares during the period. 95.07% of the stock is owned by institutional investors and hedge funds.

Mettler-Toledo International Price Performance

Shares of MTD stock opened at $1,435.51 on Monday. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,454.68. The firm has a fifty day moving average price of $1,297.24 and a 200-day moving average price of $1,209.37. The company has a market cap of $29.57 billion, a price-to-earnings ratio of 36.35, a PEG ratio of 4.31 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share for the quarter, topping the consensus estimate of $9.58 by $0.51. The company had revenue of $983.22 million during the quarter, compared to the consensus estimate of $957.41 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. Mettler-Toledo International’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.65 EPS. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. Equities research analysts expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MTD shares. Bank of America lifted their price objective on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research note on Monday, September 22nd. Citigroup raised their target price on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Evercore ISI raised their target price on Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. JPMorgan Chase & Co. lifted their price objective on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Finally, Robert W. Baird lifted their target price on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,336.50.

Insider Activity

In related news, insider Gerry Keller sold 165 shares of the stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total value of $215,925.60. Following the sale, the insider directly owned 94 shares of the company’s stock, valued at $123,012.16. This represents a 63.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas P. Salice sold 1,062 shares of the stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $1,300.90, for a total transaction of $1,381,555.80. Following the completion of the sale, the director directly owned 283 shares in the company, valued at $368,154.70. This trade represents a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,827 shares of company stock worth $2,371,208. 1.94% of the stock is currently owned by corporate insiders.

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.