Massachusetts Financial Services Co. MA Reduces Stock Holdings in Mettler-Toledo International, Inc. $MTD

Massachusetts Financial Services Co. MA lowered its stake in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 7.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 181,867 shares of the medical instruments supplier’s stock after selling 14,738 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Mettler-Toledo International were worth $223,262,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its position in shares of Mettler-Toledo International by 83.3% during the first quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock valued at $78,000 after buying an additional 30 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Mettler-Toledo International by 13.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,490 shares of the medical instruments supplier’s stock valued at $3,011,000 after acquiring an additional 288 shares in the last quarter. CX Institutional grew its holdings in shares of Mettler-Toledo International by 18.2% during the 2nd quarter. CX Institutional now owns 175 shares of the medical instruments supplier’s stock worth $206,000 after acquiring an additional 27 shares during the period. GAMMA Investing LLC raised its position in shares of Mettler-Toledo International by 53.5% in the 2nd quarter. GAMMA Investing LLC now owns 502 shares of the medical instruments supplier’s stock worth $590,000 after acquiring an additional 175 shares in the last quarter. Finally, KFG Wealth Management LLC lifted its stake in shares of Mettler-Toledo International by 12.0% in the 2nd quarter. KFG Wealth Management LLC now owns 475 shares of the medical instruments supplier’s stock valued at $558,000 after purchasing an additional 51 shares during the period. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Stock Performance

Shares of Mettler-Toledo International stock opened at $1,457.91 on Tuesday. The stock has a market capitalization of $29.79 billion, a PE ratio of 36.36, a price-to-earnings-growth ratio of 4.34 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. The company has a 50-day simple moving average of $1,433.32 and a two-hundred day simple moving average of $1,341.19.

Mettler-Toledo International (NYSE:MTDGet Free Report) last posted its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS for the quarter, beating analysts’ consensus estimates of $10.62 by $0.53. The firm had revenue of $1.03 billion for 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 revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company 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, equities research analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insiders Place Their Bets

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 stock was sold at an average price of $1,418.58, for a total value of $334,784.88. Following the completion of the sale, the insider owned 159 shares of the company’s stock, valued at approximately $225,554.22. This trade represents a 59.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elisha W. Finney sold 474 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $1,433.57, for a total value of $679,512.18. Following the transaction, the director directly owned 311 shares in the company, valued at approximately $445,840.27. The trade was a 60.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 19,565 shares of company stock worth $28,683,737. 0.77% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on MTD shares. Stifel Nicolaus increased their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Bank of America upgraded shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price target for the company in a research note on Monday, December 15th. Morgan Stanley started coverage on shares of Mettler-Toledo International in a report on Tuesday, December 2nd. They issued an “equal weight” rating and a $1,550.00 price objective on the stock. Barclays lowered their target price on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a report on Monday, December 15th. Finally, Wall Street Zen raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mettler-Toledo International presently has an average rating of “Hold” and an average price target of $1,441.67.

Get Our Latest Analysis on Mettler-Toledo International

Mettler-Toledo International Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mettler-Toledo International, Inc. (NYSE:MTDFree Report).

Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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