Stance Capital LLC Makes New $2.01 Million Investment in Mettler-Toledo International, Inc. $MTD

Stance Capital LLC acquired a new stake in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) in the second quarter, Holdings Channel.com reports. The firm acquired 1,713 shares of the medical instruments supplier’s stock, valued at approximately $2,012,000.

Several other institutional investors also recently modified their holdings of the stock. WPG Advisers LLC purchased a new position in shares of Mettler-Toledo International in the 1st quarter worth about $41,000. NewSquare Capital LLC boosted its position in Mettler-Toledo International by 94.4% during the second quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock valued at $41,000 after buying an additional 17 shares during the period. MV Capital Management Inc. lifted its position in Mettler-Toledo International by 50.0% in the second quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock valued at $42,000 after purchasing an additional 12 shares during the last quarter. State of Wyoming bought a new stake in Mettler-Toledo International in the 2nd quarter worth $58,000. Finally, Sound Income Strategies LLC lifted its holdings in 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 period. 95.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider La Guerroniere Marc De sold 6,055 shares of Mettler-Toledo International stock in a transaction that occurred on Tuesday, November 25th. The shares were 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 $278,289.66. This trade represents a 97.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Elisha W. Finney sold 474 shares of the company’s stock in a transaction on Monday, November 10th. The stock was 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. Insiders sold a total of 19,565 shares of company stock worth $28,683,737 over the last three months. 1.94% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MTD has been the topic of several research reports. Barclays lifted their price target on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday, December 8th. Morgan Stanley started coverage on shares of Mettler-Toledo International in a research report on Tuesday, December 2nd. They set an “equal weight” rating and a $1,550.00 price target for the company. The Goldman Sachs Group assumed coverage on Mettler-Toledo International in a research note on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 target price on the stock. Finally, Bank of America boosted their price target on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Five investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $1,424.17.

Check Out Our Latest Report on Mettler-Toledo International

Mettler-Toledo International Stock Performance

NYSE MTD opened at $1,394.97 on Friday. The business’s fifty day moving average is $1,402.13 and its 200 day moving average is $1,292.98. The company has a market capitalization of $28.50 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 4.50 and a beta of 1.40. Mettler-Toledo International, Inc. has a fifty-two week low of $946.69 and a fifty-two week high of $1,525.17.

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, topping analysts’ consensus estimates of $10.62 by $0.53. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $997.36 million. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The firm’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $10.21 EPS. 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. On average, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Mettler-Toledo International Profile

(Free Report)

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.

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)

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.