Albion Financial Group UT Cuts Stock Position in Mettler-Toledo International, Inc. $MTD

Key Points

• Albion Financial Group UT significantly reduced its stake in Mettler-Toledo International by 90.2%, holding just 74 shares after selling 680 during the second quarter, worth $87,000.
• Mettler-Toledo International reported earnings per share (EPS) of $10.09 for the last quarter, exceeding estimates, with revenue up 3.9% year-over-year.
• Analysts have mixed views on Mettler-Toledo International, with five firms rating it a Buy and others giving it a Hold, while the consensus price target stands at $1,325.56.

Albion Financial Group UT cut its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 90.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74 shares of the medical instruments supplier's stock after selling 680 shares during the period. Albion Financial Group UT's holdings in Mettler-Toledo International were worth $87,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MTD. V Square Quantitative Management LLC increased its holdings in shares of Mettler-Toledo International by 3.7% in the second quarter. V Square Quantitative Management LLC now owns 559 shares of the medical instruments supplier's stock valued at $657,000 after purchasing an additional 20 shares during the period. Sound Income Strategies LLC boosted its holdings in Mettler-Toledo International by 477.8% in the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier's stock valued at $61,000 after purchasing an additional 43 shares during the last quarter. Crown Oak Advisors LLC raised its position in Mettler-Toledo International by 1.6% during the second quarter. Crown Oak Advisors LLC now owns 6,035 shares of the medical instruments supplier's stock valued at $7,089,000 after acquiring an additional 93 shares in the last quarter. SeaBridge Investment Advisors LLC acquired a new position in shares of Mettler-Toledo International in the second quarter worth about $1,416,000. Finally, Patton Fund Management Inc. purchased a new position in Mettler-Toledo International during the second quarter worth approximately $243,000. Institutional investors and hedge funds own 95.07% of the company's stock.

Mettler-Toledo International Price Performance

NYSE MTD opened at $1,202.72 on Monday. The firm has a market capitalization of $24.78 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 3.61 and a beta of 1.37. The company has a 50 day simple moving average of $1,269.22 and a 200-day simple moving average of $1,184.64. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,521.01.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.58 by $0.51. The business had revenue of $983.22 million during the quarter, compared to analyst estimates of $957.41 million. Mettler-Toledo International had a negative return on equity of 476.07% and a net margin of 21.46%.The firm's revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company 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. On average, analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MTD. Bank of America raised their target price on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a "neutral" rating in a research report on Monday, September 22nd. Barclays began coverage on shares of Mettler-Toledo International in a research note on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 target price on the stock. Citigroup upped their price target on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Evercore ISI dropped their price target on shares of Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating for the company in a research report on Monday, August 4th. Finally, Robert W. Baird raised their price target on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Mettler-Toledo International currently has an average rating of "Moderate Buy" and a consensus price target of $1,325.56.

Insider Activity at Mettler-Toledo International

In other news, insider Gerry Keller sold 165 shares of Mettler-Toledo International stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the sale, the insider directly owned 94 shares in the company, valued at approximately $123,012.16. The trade was a 63.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of Mettler-Toledo International stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $1,300.90, for a total value of $1,381,555.80. Following the sale, the director directly owned 283 shares in the company, valued at $368,154.70. The trade was a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,827 shares of company stock worth $2,371,208 in the last ninety days. 0.77% of the stock is currently owned by insiders.

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.

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