M&T Bank Corp Has $5.33 Million Position in Mettler-Toledo International, Inc. $MTD

M&T Bank Corp boosted its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 13.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,534 shares of the medical instruments supplier’s stock after acquiring an additional 531 shares during the period. M&T Bank Corp’s holdings in Mettler-Toledo International were worth $5,326,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of Mettler-Toledo International in the 1st quarter worth $41,000. NewSquare Capital LLC lifted its stake in 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. lifted its stake in Mettler-Toledo International by 50.0% in the second quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock valued at $42,000 after buying an additional 12 shares during the period. Zions Bancorporation National Association UT bought a new position in Mettler-Toledo International during the first quarter worth about $43,000. Finally, Sound Income Strategies LLC grew its position in shares of Mettler-Toledo International by 477.8% during the 2nd quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock worth $61,000 after buying an additional 43 shares during the period. Institutional investors own 95.07% of the company’s stock.

Wall Street Analyst Weigh In

MTD has been the subject of a number of recent analyst reports. Stifel Nicolaus upped 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday. Citigroup increased their target price on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Wells Fargo & Company boosted their price target on shares of Mettler-Toledo International from $1,200.00 to $1,400.00 and gave the company an “equal weight” rating in a report on Monday, November 10th. Finally, Barclays boosted their target price on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $1,419.55.

Insider Activity

In other news, insider Gerry Keller sold 236 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $1,418.58, for a total transaction of $334,784.88. Following the completion of the transaction, the insider directly owned 159 shares in the company, valued at $225,554.22. This represents a 59.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider La Guerroniere Marc De sold 6,055 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $1,488.18, for a total value of $9,010,929.90. Following the completion of the transaction, the insider owned 187 shares of the company’s stock, valued at $278,289.66. The trade was a 97.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 19,565 shares of company stock worth $28,683,737. 1.94% of the stock is currently owned by company insiders.

Mettler-Toledo International Stock Performance

NYSE MTD opened at $1,422.78 on Friday. Mettler-Toledo International, Inc. has a 52 week low of $946.69 and a 52 week high of $1,525.17. The stock’s 50 day moving average price is $1,384.89 and its two-hundred day moving average price is $1,281.34. The stock has a market capitalization of $29.07 billion, a price-to-earnings ratio of 35.48, a PEG ratio of 4.64 and a beta of 1.40.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, topping the consensus estimate of $10.62 by $0.53. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $997.36 million. Mettler-Toledo International had a net margin of 21.20% and a negative return on equity of 426.96%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $10.21 EPS. 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. On average, equities research analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Mettler-Toledo International Profile

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.