Jones Financial Companies Lllp Has $57.95 Million Stock Holdings in Mettler-Toledo International, Inc. $MTD

Key Points

• Jones Financial Companies Lllp significantly increased its stake in Mettler-Toledo International, Inc. by 27,938.9%, owning 49,068 shares valued at approximately $57.9 million as of the latest SEC filing.
• Several notable investors, including Mercer Global Advisors and Deutsche Bank AG, have also increased their positions in Mettler-Toledo, with institutional investors collectively owning 95.07% of the company's stock.
• Equities analysts have set varied price targets for Mettler-Toledo, with recommendations ranging from "Buy" to "Neutral," resulting in an average price target of $1,311.11.

Jones Financial Companies Lllp boosted its position in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 27,938.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,068 shares of the medical instruments supplier's stock after purchasing an additional 48,893 shares during the period. Jones Financial Companies Lllp owned approximately 0.24% of Mettler-Toledo International worth $57,945,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in Mettler-Toledo International in the first quarter worth approximately $41,000. Zions Bancorporation National Association UT bought a new stake in shares of Mettler-Toledo International during the 1st quarter worth $43,000. Golden State Wealth Management LLC boosted its stake in shares of Mettler-Toledo International by 583.3% during the 1st quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier's stock worth $48,000 after acquiring an additional 35 shares in the last quarter. Menard Financial Group LLC acquired a new position in shares of Mettler-Toledo International in the 4th quarter worth $67,000. Finally, Blue Trust Inc. raised its position in shares of Mettler-Toledo International by 520.0% during the first quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier's stock worth $73,000 after purchasing an additional 52 shares during the period. 95.07% of the stock is owned by institutional investors and hedge funds.

Mettler-Toledo International Stock Down 1.6%

Mettler-Toledo International stock traded down $20.06 during trading hours on Friday, hitting $1,262.67. The stock had a trading volume of 37,481 shares, compared to its average volume of 169,152. The company has a 50-day moving average of $1,257.96 and a two-hundred day moving average of $1,186.40. Mettler-Toledo International, Inc. has a fifty-two week low of $946.69 and a fifty-two week high of $1,521.01. The company has a market cap of $26.01 billion, a PE ratio of 31.97, a price-to-earnings-growth ratio of 3.76 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share for the quarter, topping the consensus estimate of $9.58 by $0.51. The company had revenue of $983.22 million for 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%.Mettler-Toledo International's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MTD. Bank of America increased their price target on Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the company a "neutral" rating in a research report on Thursday, June 26th. Citigroup boosted their target price 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. UBS Group raised shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $1,530.00 to $1,350.00 in a research note on Tuesday, May 20th. Barclays assumed coverage on Mettler-Toledo International in a research report on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 target price for the company. Finally, Robert W. Baird boosted their price objective on shares of 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. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,311.11.

Insider Activity

In other Mettler-Toledo International news, CFO Shawn Vadala sold 300 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $1,254.09, for a total transaction of $376,227.00. Following the completion of the transaction, the chief financial officer owned 5,095 shares in the company, valued at $6,389,588.55. This trade represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas P. Salice sold 1,062 shares of the company's 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 completion of the sale, the director owned 283 shares in the company, valued at approximately $368,154.70. This represents a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,827 shares of company stock worth $2,371,208. 1.94% of the stock is currently owned by corporate insiders.

Mettler-Toledo International 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.