New York State Teachers Retirement System lowered its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 3.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,877 shares of the medical instruments supplier’s stock after selling 712 shares during the period. New York State Teachers Retirement System owned about 0.09% of Mettler-Toledo International worth $21,946,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Solidarity Wealth LLC increased its holdings in Mettler-Toledo International by 4.7% in the third quarter. Solidarity Wealth LLC now owns 5,254 shares of the medical instruments supplier’s stock valued at $6,450,000 after purchasing an additional 234 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Mettler-Toledo International by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 2,378 shares of the medical instruments supplier’s stock valued at $2,919,000 after buying an additional 562 shares during the period. Cromwell Holdings LLC increased its stake in shares of Mettler-Toledo International by 22.4% in the third quarter. Cromwell Holdings LLC now owns 60 shares of the medical instruments supplier’s stock valued at $74,000 after buying an additional 11 shares during the period. SG Americas Securities LLC raised its position in shares of Mettler-Toledo International by 244.6% during the third quarter. SG Americas Securities LLC now owns 12,705 shares of the medical instruments supplier’s stock worth $15,597,000 after acquiring an additional 9,018 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new position in shares of Mettler-Toledo International in the third quarter worth approximately $272,000. Institutional investors and hedge funds own 95.07% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on MTD. Stifel Nicolaus increased their target price on shares of Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Citigroup lifted 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 research note on Monday, November 10th. Bank of America raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price target on the stock in a research report on Monday, December 15th. Barclays lowered their price objective on Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a research report on Monday, December 15th. Finally, The Goldman Sachs Group assumed coverage on Mettler-Toledo International in a research report on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Mettler-Toledo International currently has a consensus rating of “Hold” and a consensus price target of $1,441.67.
Insider Buying and Selling at Mettler-Toledo International
In other Mettler-Toledo International news, insider Gerry Keller sold 236 shares of Mettler-Toledo International stock in a transaction on 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 transaction, the insider directly owned 159 shares of the company’s stock, valued at $225,554.22. The trade was a 59.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick Kaltenbach sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $1,462.50, for a total transaction of $2,925,000.00. Following the completion of the sale, the chief executive officer directly owned 3,670 shares of the company’s stock, valued at $5,367,375. The trade was a 35.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 19,565 shares of company stock worth $28,683,737. 0.77% of the stock is currently owned by insiders.
Mettler-Toledo International Stock Performance
MTD stock opened at $1,492.87 on Tuesday. The business has a 50-day simple moving average of $1,429.21 and a two-hundred day simple moving average of $1,331.33. The company has a market capitalization of $30.50 billion, a P/E ratio of 37.23, a price-to-earnings-growth ratio of 4.42 and a beta of 1.41. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS for the quarter, topping the consensus estimate of $10.62 by $0.53. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $997.36 million. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $10.21 earnings per share. 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. As a group, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.
Mettler-Toledo International Profile
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.
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