Insider Selling: Mettler-Toledo International (NYSE:MTD) Director Sells 474 Shares of Stock

Mettler-Toledo International, Inc. (NYSE:MTD) Director Elisha Finney sold 474 shares of the firm’s 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 completion of the sale, the director owned 311 shares in the company, valued at approximately $445,840.27. The trade was a 60.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Mettler-Toledo International Trading Up 0.4%

MTD traded up $5.66 during trading on Thursday, reaching $1,453.47. 28,544 shares of the company’s stock were exchanged, compared to its average volume of 164,679. The firm has a fifty day moving average price of $1,330.14 and a two-hundred day moving average price of $1,244.83. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,471.06. The stock has a market capitalization of $29.94 billion, a PE ratio of 36.88, a price-to-earnings-growth ratio of 4.19 and a beta of 1.41.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, beating 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 quarter in the prior year, the firm posted $10.21 EPS. The company’s revenue for the quarter 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. Sell-side analysts expect that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Institutional Investors Weigh In On Mettler-Toledo International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. increased its position in shares of Mettler-Toledo International by 29.0% during the first quarter. Russell Investments Group Ltd. now owns 116,502 shares of the medical instruments supplier’s stock valued at $137,548,000 after acquiring an additional 26,171 shares in the last quarter. Legato Capital Management LLC raised its position in Mettler-Toledo International by 107.7% in the 1st 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 last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in Mettler-Toledo International by 46.7% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,829 shares of the medical instruments supplier’s stock valued at $9,245,000 after acquiring an additional 2,493 shares during the period. Sound Income Strategies LLC grew its stake in shares of 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 worth $61,000 after acquiring an additional 43 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Mettler-Toledo International by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 15,823 shares of the medical instruments supplier’s stock valued at $18,686,000 after purchasing an additional 393 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on MTD. Citigroup boosted their target price on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Monday. Stifel Nicolaus upped their price target on shares of Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research note on Monday. Bank of America raised their price objective on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. JPMorgan Chase & Co. raised their price target on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Finally, Robert W. Baird raised their target price on 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. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,406.50.

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.