PineStone Asset Management Inc. Cuts Position in Mettler-Toledo International, Inc. $MTD

PineStone Asset Management Inc. lessened its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 323,570 shares of the medical instruments supplier’s stock after selling 10,779 shares during the period. Mettler-Toledo International makes up about 2.5% of PineStone Asset Management Inc.’s investment portfolio, making the stock its 13th largest holding. PineStone Asset Management Inc. owned 1.57% of Mettler-Toledo International worth $397,218,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MTD. WPG Advisers LLC purchased a new position in Mettler-Toledo International in the first quarter worth about $41,000. NewSquare Capital LLC lifted its stake in Mettler-Toledo International by 94.4% during the 2nd quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock valued at $41,000 after acquiring an additional 17 shares during the period. MV Capital Management Inc. lifted its stake in Mettler-Toledo International by 50.0% during the 2nd quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock valued at $42,000 after acquiring an additional 12 shares during the period. State of Wyoming bought a new position in shares of Mettler-Toledo International during the 2nd quarter valued at $58,000. Finally, Sound Income Strategies LLC boosted its stake in shares of Mettler-Toledo International by 477.8% in the 2nd quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock worth $61,000 after buying an additional 43 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Stock Performance

Shares of NYSE:MTD opened at $1,420.36 on Friday. The firm’s 50 day simple moving average is $1,420.00 and its 200-day simple moving average is $1,309.30. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,525.17. The firm has a market cap of $29.02 billion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 4.59 and a beta of 1.40.

Mettler-Toledo International (NYSE:MTD) last released 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. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $997.36 million. During the same period last year, the business posted $10.21 EPS. Mettler-Toledo International’s quarterly revenue was up 7.9% on a year-over-year basis. 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. Equities research analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insider Activity

In other news, insider La Guerroniere Marc De sold 6,055 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $1,488.18, for a total transaction of $9,010,929.90. Following the transaction, the insider directly owned 187 shares of the company’s stock, valued at approximately $278,289.66. This represents a 97.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Patrick Kaltenbach sold 2,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $1,462.50, for a total value of $2,925,000.00. Following the transaction, the chief executive officer owned 3,670 shares in the company, valued at approximately $5,367,375. This trade represents a 35.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,565 shares of company stock worth $28,683,737 over the last ninety days. 1.94% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Evercore ISI raised their price objective on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. boosted their target price on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Bank of America raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price objective for the company in a report on Monday, December 15th. Barclays dropped their price target on Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a research note on Monday, December 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Mettler-Toledo International in a research report on Monday, December 22nd. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,441.67.

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.