Mettler-Toledo International, Inc. $MTD Shares Bought by TD Asset Management Inc

TD Asset Management Inc increased its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 3.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,247 shares of the medical instruments supplier’s stock after purchasing an additional 5,967 shares during the quarter. TD Asset Management Inc owned 0.90% of Mettler-Toledo International worth $218,788,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MTD. Alliancebernstein L.P. raised its holdings in shares of Mettler-Toledo International by 21.6% in the 1st quarter. Alliancebernstein L.P. now owns 709,328 shares of the medical instruments supplier’s stock worth $837,653,000 after purchasing an additional 126,147 shares in the last quarter. PineStone Asset Management Inc. raised its holdings in shares of Mettler-Toledo International by 41.9% in the 2nd quarter. PineStone Asset Management Inc. now owns 334,349 shares of the medical instruments supplier’s stock worth $392,766,000 after purchasing an additional 98,737 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Mettler-Toledo International by 42.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,722 shares of the medical instruments supplier’s stock worth $361,030,000 after purchasing an additional 90,395 shares in the last quarter. Nuveen LLC bought a new stake in shares of Mettler-Toledo International in the 1st quarter worth approximately $71,897,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of Mettler-Toledo International by 27,938.9% in the 1st quarter. Jones Financial Companies Lllp now owns 49,068 shares of the medical instruments supplier’s stock worth $57,945,000 after purchasing an additional 48,893 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Stock Performance

Mettler-Toledo International stock opened at $1,289.13 on Tuesday. The firm has a market cap of $26.56 billion, a PE ratio of 32.64, a P/E/G ratio of 3.82 and a beta of 1.37. The firm’s 50 day moving average price is $1,280.14 and its two-hundred day moving average price is $1,190.80. Mettler-Toledo International, Inc. has a twelve month low of $946.69 and a twelve month high of $1,486.76.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings data on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share for the quarter, beating the consensus estimate of $9.58 by $0.51. The firm had revenue of $983.22 million for the quarter, compared to analyst estimates of $957.41 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. Equities analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Barclays boosted 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. JPMorgan Chase & Co. boosted their price target on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Bank of America boosted their price target on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Finally, Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $1,336.50.

Insiders Place Their Bets

In other Mettler-Toledo International news, insider Gerry Keller sold 165 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total value of $215,925.60. Following the completion of the sale, the insider directly owned 94 shares of the company’s stock, valued at $123,012.16. The trade was a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Shawn Vadala sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $1,325.00, for a total transaction of $397,500.00. Following the completion of the sale, the chief financial officer directly owned 5,095 shares of the company’s stock, valued at $6,750,875. This represents a 5.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,827 shares of company stock valued at $2,371,208 over the last ninety days. Corporate insiders own 0.77% of the company’s stock.

Mettler-Toledo International Company 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.