Mettler-Toledo International, Inc. $MTD Shares Acquired by BNP Paribas Financial Markets

Key Points

• BNP Paribas Financial Markets increased its stake in Mettler-Toledo International by 19.7%, acquiring an additional 9,311 shares, totaling 56,606 shares valued at approximately $66.8 million.
• Notable institutional investors like GAMMA Investing LLC and T. Rowe Price have also significantly increased their positions in the company, reflecting strong institutional interest.
• Mettler-Toledo's recent earnings report revealed an earnings per share of $10.09, exceeding estimates, with analysts expecting a consensus EPS of 42.71 for the current year.

BNP Paribas Financial Markets increased its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 19.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,606 shares of the medical instruments supplier's stock after acquiring an additional 9,311 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.27% of Mettler-Toledo International worth $66,847,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. B. Metzler seel. Sohn & Co. AG boosted its position in shares of Mettler-Toledo International by 8.1% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 1,834 shares of the medical instruments supplier's stock valued at $2,166,000 after acquiring an additional 137 shares during the last quarter. Silvant Capital Management LLC lifted its position in Mettler-Toledo International by 5.7% in the first quarter. Silvant Capital Management LLC now owns 2,479 shares of the medical instruments supplier's stock valued at $2,927,000 after buying an additional 133 shares during the last quarter. Epoch Investment Partners Inc. lifted its position in Mettler-Toledo International by 26.3% in the first quarter. Epoch Investment Partners Inc. now owns 119,269 shares of the medical instruments supplier's stock valued at $140,846,000 after buying an additional 24,862 shares during the last quarter. Synovus Financial Corp lifted its position in Mettler-Toledo International by 33.4% in the first quarter. Synovus Financial Corp now owns 2,414 shares of the medical instruments supplier's stock valued at $2,851,000 after buying an additional 605 shares during the last quarter. Finally, Walleye Trading LLC acquired a new position in Mettler-Toledo International in the first quarter valued at about $236,000. Institutional investors and hedge funds own 95.07% of the company's stock.

Mettler-Toledo International Trading Up 1.0%

NYSE:MTD traded up $12.63 during mid-day trading on Thursday, hitting $1,281.23. The stock had a trading volume of 43,085 shares, compared to its average volume of 171,307. The stock has a 50-day simple moving average of $1,246.95 and a two-hundred day simple moving average of $1,186.57. The company has a market capitalization of $26.39 billion, a PE ratio of 32.44, a PEG ratio of 3.90 and a beta of 1.37. Mettler-Toledo International, Inc. has a twelve month low of $946.69 and a twelve month high of $1,521.01.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share for the quarter, beating analysts' consensus estimates of $9.58 by $0.51. Mettler-Toledo International had a negative return on equity of 476.07% and a net margin of 21.46%.The company had revenue of $983.22 million for the quarter, compared to analysts' expectations of $957.41 million. During the same period last year, the firm earned $9.65 earnings per share. Mettler-Toledo International's quarterly revenue was up 3.9% on a year-over-year basis. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. Sell-side analysts predict 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 165 shares of the firm'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 transaction of $215,925.60. Following the sale, the insider owned 94 shares of the company's stock, valued at approximately $123,012.16. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Shawn Vadala sold 300 shares of the firm'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 sale, the chief financial officer directly owned 5,095 shares in the company, valued at approximately $6,750,875. The trade was a 5.56% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,827 shares of company stock valued at $2,371,208. 0.77% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on MTD shares. Barclays assumed coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 target price on the stock. Robert W. Baird upped 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 note on Monday, August 4th. Evercore ISI reduced their price target on shares of Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating on the stock in a research report on Monday, August 4th. Citigroup increased their price target on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, Bank of America increased their price target on shares of Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the stock a "neutral" rating in a research report on Thursday, June 26th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,311.11.

About Mettler-Toledo International

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.