Hikari Power Ltd Makes New Investment in Mettler-Toledo International, Inc. $MTD

Hikari Power Ltd bought a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 235 shares of the medical instruments supplier’s stock, valued at approximately $276,000.

A number of other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its holdings in Mettler-Toledo International by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,521 shares of the medical instruments supplier’s stock worth $19,408,000 after acquiring an additional 698 shares during the period. Nisa Investment Advisors LLC grew its holdings in Mettler-Toledo International by 4.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,349 shares of the medical instruments supplier’s stock worth $10,982,000 after acquiring an additional 401 shares during the period. Wealthfront Advisers LLC grew its holdings in Mettler-Toledo International by 38.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,115 shares of the medical instruments supplier’s stock worth $1,310,000 after acquiring an additional 310 shares during the period. Linden Thomas Advisory Services LLC grew its holdings in Mettler-Toledo International by 1.5% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 1,487 shares of the medical instruments supplier’s stock worth $1,747,000 after acquiring an additional 22 shares during the period. Finally, AG2R LA Mondiale Gestion D Actifs grew its holdings in Mettler-Toledo International by 9.3% during the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 1,025 shares of the medical instruments supplier’s stock worth $1,204,000 after acquiring an additional 87 shares during the period. Institutional investors and hedge funds own 95.07% of the company’s stock.

Mettler-Toledo International Trading Down 0.2%

MTD opened at $1,435.51 on Monday. The stock has a market capitalization of $29.57 billion, a P/E ratio of 36.35, a P/E/G ratio of 4.31 and a beta of 1.37. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,454.68. The firm’s fifty day simple moving average is $1,297.24 and its 200 day simple moving average is $1,209.37.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, July 31st. The medical instruments supplier reported $10.09 EPS for the quarter, beating the consensus estimate of $9.58 by $0.51. The business had revenue of $983.22 million for the quarter, compared to analysts’ expectations of $957.41 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.65 EPS. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. On average, equities research analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insider Activity at Mettler-Toledo International

In related news, CFO Shawn Vadala sold 300 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $1,325.00, for a total value of $397,500.00. Following the sale, the chief financial officer directly owned 5,095 shares of the company’s stock, valued at approximately $6,750,875. The trade was a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas P. Salice sold 1,062 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were 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 directly owned 283 shares in the company, valued at $368,154.70. This represents a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,827 shares of company stock valued at $2,371,208. 1.94% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on the stock. Barclays lifted their target price on shares of Mettler-Toledo International from $1,325.00 to $1,350.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Saturday. Evercore ISI lifted their price target on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Citigroup lifted their price target on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Finally, Bank of America lifted their price target on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the stock a “neutral” rating in a research report on Monday, September 22nd. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,336.50.

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.