Mettler-Toledo International, Inc. $MTD Shares Acquired by Czech National Bank

Key Points

• The Czech National Bank increased its holdings in Mettler-Toledo International, Inc. by 5.7%, owning 5,080 shares valued at approximately $5.97 million by the end of the second quarter.
• Analysts have set a range of price objectives for Mettler-Toledo, with the highest being $1,600, while the average target price is $1,311.11, reflecting an overall rating of "Moderate Buy."
• Insider activity showed significant sales, with CFO Shawn Vadala selling 300 shares and Director Thomas P. Salice selling 1,062 shares, decreasing their ownership stakes in the company.

Czech National Bank lifted its stake in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 5.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,080 shares of the medical instruments supplier's stock after purchasing an additional 276 shares during the quarter. Czech National Bank's holdings in Mettler-Toledo International were worth $5,968,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MTD. Greenleaf Trust raised its holdings in Mettler-Toledo International by 1.2% in the 1st quarter. Greenleaf Trust now owns 872 shares of the medical instruments supplier's stock worth $1,030,000 after purchasing an additional 10 shares during the period. Brooklyn Investment Group raised its holdings in Mettler-Toledo International by 12.8% in the 1st quarter. Brooklyn Investment Group now owns 88 shares of the medical instruments supplier's stock worth $104,000 after purchasing an additional 10 shares during the period. Sequoia Financial Advisors LLC raised its holdings in Mettler-Toledo International by 1.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 627 shares of the medical instruments supplier's stock worth $740,000 after purchasing an additional 11 shares during the period. Albion Financial Group UT raised its holdings in Mettler-Toledo International by 1.5% in the 1st quarter. Albion Financial Group UT now owns 754 shares of the medical instruments supplier's stock worth $890,000 after purchasing an additional 11 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in Mettler-Toledo International by 5.4% in the 1st quarter. TD Private Client Wealth LLC now owns 214 shares of the medical instruments supplier's stock worth $253,000 after purchasing an additional 11 shares during the period. Hedge funds and other institutional investors own 95.07% of the company's stock.

Mettler-Toledo International Trading Up 0.0%

Shares of Mettler-Toledo International stock traded up $0.56 on Monday, hitting $1,266.15. The stock had a trading volume of 22,831 shares, compared to its average volume of 168,235. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,521.01. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 32.00, a P/E/G ratio of 3.79 and a beta of 1.37. The company's 50 day moving average price is $1,264.75 and its 200 day moving average price is $1,185.20.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The medical instruments supplier reported $10.09 EPS for the quarter, beating the consensus estimate of $9.58 by $0.51. The firm had revenue of $983.22 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period 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. 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 business's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the transaction, the insider owned 94 shares in the company, valued at approximately $123,012.16. The trade was a 63.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Shawn Vadala sold 300 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $1,254.09, for a total value of $376,227.00. Following the transaction, the chief financial officer owned 5,095 shares in the company, valued at $6,389,588.55. The trade was a 5.56% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,827 shares of company stock worth $2,371,208. Company insiders own 0.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on MTD shares. Evercore ISI reduced their price target on Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating for the company in a report on Monday, August 4th. Bank of America upped their price target on Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the stock a "neutral" rating in a report on Thursday, June 26th. Citigroup increased their target price on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Robert W. Baird increased their target price on 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. Finally, Barclays initiated coverage on Mettler-Toledo International in a report on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently 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.