Mettler-Toledo International (NYSE:MTD) Sets New 12-Month High – Here’s Why

Mettler-Toledo International, Inc. (NYSE:MTD)’s stock price reached a new 52-week high on Monday . The stock traded as high as $1,476.54 and last traded at $1,469.81, with a volume of 106483 shares trading hands. The stock had previously closed at $1,452.35.

Analyst Ratings Changes

Several research firms have recently commented on MTD. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Wednesday, October 8th. Evercore ISI lifted their target price on 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 upped their price target 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. Stifel Nicolaus raised their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Finally, Wells Fargo & Company upped their target price on shares of Mettler-Toledo International from $1,200.00 to $1,400.00 and gave the company an “equal weight” rating in a research report on Monday, November 10th. 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 presently has an average rating of “Hold” and an average price target of $1,406.50.

Mettler-Toledo International Trading Down 1.4%

The company has a market capitalization of $30.34 billion, a PE ratio of 37.61, a P/E/G ratio of 4.19 and a beta of 1.41. The stock has a fifty day simple moving average of $1,356.38 and a 200-day simple moving average of $1,268.12.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly 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 net margin of 21.46% and a negative return on equity of 476.07%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $997.36 million. During the same period in the prior year, the firm posted $10.21 earnings per share. The firm’s 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. FY 2025 guidance at 42.050-42.250 EPS. As a group, equities research analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Insider Activity

In other Mettler-Toledo International news, insider La Guerroniere Marc De sold 6,055 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $1,488.18, for a total transaction of $9,010,929.90. Following the transaction, the insider owned 187 shares in the company, valued at approximately $278,289.66. The trade was a 97.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Elisha W. Finney sold 474 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $1,433.57, for a total value of $679,512.18. Following the completion of the transaction, the director owned 311 shares of the company’s stock, valued at $445,840.27. The trade was a 60.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 19,565 shares of company stock valued at $28,683,737. 0.77% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Mettler-Toledo International

A number of institutional investors and hedge funds have recently modified their holdings of MTD. Versant Capital Management Inc lifted its stake in shares of Mettler-Toledo International by 42.1% in the 3rd quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock valued at $33,000 after purchasing an additional 8 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in Mettler-Toledo International by 2,700.0% during the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier’s stock valued at $34,000 after buying an additional 27 shares in the last quarter. Salomon & Ludwin LLC purchased a new stake in Mettler-Toledo International during the third quarter worth approximately $43,000. Root Financial Partners LLC acquired a new stake in shares of Mettler-Toledo International in the third quarter worth $42,000. Finally, WPG Advisers LLC purchased a new position in shares of Mettler-Toledo International in the 1st quarter valued at $41,000. Institutional investors and hedge funds own 95.07% of the company’s stock.

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.