Mettler-Toledo International, Inc. $MTD Shares Purchased by Jones Financial Companies Lllp

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

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in Mettler-Toledo International by 39.1% during the first quarter. Farther Finance Advisors LLC now owns 89 shares of the medical instruments supplier's stock valued at $103,000 after purchasing an additional 25 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Mettler-Toledo International by 29.4% during the 1st quarter. QRG Capital Management Inc. now owns 489 shares of the medical instruments supplier's stock worth $577,000 after purchasing an additional 111 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Mettler-Toledo International by 13.3% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,488 shares of the medical instruments supplier's stock worth $2,929,000 after purchasing an additional 292 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mettler-Toledo International by 95.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,202 shares of the medical instruments supplier's stock valued at $2,600,000 after acquiring an additional 1,073 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its position in Mettler-Toledo International by 7.1% during the 1st quarter. Boston Trust Walden Corp now owns 34,610 shares of the medical instruments supplier's stock worth $40,871,000 after acquiring an additional 2,296 shares during the period. 95.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Citigroup lifted 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 report on Thursday, August 21st. Robert W. Baird boosted their price target 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. UBS Group raised shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $1,530.00 to $1,350.00 in a research report on Tuesday, May 20th. Evercore ISI lowered 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. Finally, Bank of America lifted their target price on 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 equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,311.11.

Mettler-Toledo International Trading Down 2.4%

Shares of NYSE:MTD traded down $31.45 on Wednesday, hitting $1,253.87. The company had a trading volume of 112,968 shares, compared to its average volume of 116,311. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,521.01. The company has a market cap of $25.83 billion, a PE ratio of 31.43, a PEG ratio of 3.86 and a beta of 1.37. The business has a 50 day moving average of $1,255.58 and a 200 day moving average of $1,186.15.

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 EPS for the quarter, beating analysts' consensus estimates of $9.58 by $0.51. The business 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 business's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.65 earnings per share. 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, equities analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Insider Activity

In other news, Director Thomas P. Salice sold 1,062 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $1,300.90, for a total transaction of $1,381,555.80. Following the transaction, the director directly owned 283 shares in the company, valued at $368,154.70. This represents a 78.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Gerry Keller sold 165 shares of the firm'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 completion of the sale, the insider directly owned 94 shares in the company, valued at $123,012.16. This represents a 63.71% 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 valued at $2,371,208 in the last 90 days. 1.94% of the stock is currently owned by 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.