Checchi Capital Advisers LLC Sells 21 Shares of Mettler-Toledo International, Inc. $MTD

Checchi Capital Advisers LLC trimmed its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 10.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 179 shares of the medical instruments supplier’s stock after selling 21 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Mettler-Toledo International were worth $210,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in Mettler-Toledo International during the first quarter worth approximately $41,000. Zions Bancorporation National Association UT bought a new stake in Mettler-Toledo International during the first quarter worth approximately $43,000. Golden State Wealth Management LLC increased its stake in Mettler-Toledo International by 583.3% during the first quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier’s stock worth $48,000 after acquiring an additional 35 shares during the last quarter. Sound Income Strategies LLC increased its stake in Mettler-Toledo International by 477.8% during 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 last quarter. Finally, Blue Trust Inc. increased its stake in Mettler-Toledo International by 520.0% during the first quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier’s stock worth $73,000 after acquiring an additional 52 shares during the last quarter. 95.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Mettler-Toledo International news, Director Thomas P. Salice sold 1,062 shares of the company’s stock in a transaction on 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 owned 283 shares in the company, valued at $368,154.70. This represents a 78.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerry Keller sold 165 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $1,308.64, for a total value of $215,925.60. Following the sale, the insider owned 94 shares of the company’s stock, valued at approximately $123,012.16. This represents a 63.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,827 shares of company stock worth $2,371,208 over the last 90 days. Company insiders own 0.77% of the company’s stock.

Mettler-Toledo International Stock Performance

Shares of NYSE MTD opened at $1,305.67 on Wednesday. The firm has a market capitalization of $26.90 billion, a price-to-earnings ratio of 33.06, a PEG ratio of 4.04 and a beta of 1.37. The stock has a 50 day moving average price of $1,274.75 and a 200 day moving average price of $1,187.87. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,486.76.

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

Analyst Ratings Changes

Several brokerages have weighed in on MTD. Citigroup boosted their price objective 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 boosted their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mettler-Toledo International in a research note on Saturday, September 27th. Robert W. Baird upped their target price on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Finally, Barclays upped their target price on Mettler-Toledo International from $1,325.00 to $1,350.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $1,342.22.

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.