Mettler-Toledo International, Inc. $MTD Shares Sold by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. reduced its holdings in Mettler-Toledo International, Inc. by 64.7%, selling 433 shares, leaving them with 236 shares valued at approximately $279,000.
• Several other large investors, including Farther Finance Advisors LLC and Wealth Enhancement Advisory Services LLC, increased their stakes in Mettler-Toledo International during the same quarter.
• Mettler-Toledo International reported earnings of $10.09 per share, exceeding analysts' expectations, and set guidance for FY 2025 at approximately 42.100-42.600 EPS.

Landscape Capital Management L.L.C. lowered its position in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 64.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 236 shares of the medical instruments supplier's stock after selling 433 shares during the period. Landscape Capital Management L.L.C.'s holdings in Mettler-Toledo International were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MTD. Zions Bancorporation National Association UT purchased a new position in Mettler-Toledo International in the first quarter valued at about $43,000. Golden State Wealth Management LLC increased its holdings in Mettler-Toledo International by 583.3% in the first quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier's stock valued at $48,000 after buying an additional 35 shares in the last quarter. Menard Financial Group LLC purchased a new position in Mettler-Toledo International in the fourth quarter valued at about $67,000. Blue Trust Inc. increased its holdings in Mettler-Toledo International by 520.0% in the first quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier's stock valued at $73,000 after buying an additional 52 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Mettler-Toledo International by 39.1% in the first quarter. Farther Finance Advisors LLC now owns 89 shares of the medical instruments supplier's stock valued at $103,000 after buying an additional 25 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Mettler-Toledo International Stock Up 1.3%

Shares of MTD stock traded up $16.86 during mid-day trading on Friday, reaching $1,304.65. The company's stock had a trading volume of 95,040 shares, compared to its average volume of 128,164. The company's 50 day simple moving average is $1,251.17 and its 200-day simple moving average is $1,186.06. Mettler-Toledo International, Inc. has a 12-month low of $946.69 and a 12-month high of $1,521.01. The firm has a market capitalization of $26.88 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 3.92 and a beta of 1.37.

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 for the quarter, topping analysts' consensus estimates of $9.58 by $0.51. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The firm had revenue of $983.22 million during the quarter, compared to analysts' expectations of $957.41 million. During the same period in the prior year, the company earned $9.65 EPS. The firm's 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. As a group, research analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Gerry Keller sold 165 shares of the company's stock in a transaction 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 completion of the sale, the insider directly owned 94 shares of the company's stock, valued at approximately $123,012.16. This represents a 63.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $1,300.90, for a total transaction of $1,381,555.80. Following the sale, the director directly owned 283 shares of the company's stock, valued at approximately $368,154.70. This trade represents a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,827 shares of company stock valued at $2,371,208. Company insiders own 1.94% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on MTD. Robert W. Baird increased their target price on shares of 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. Evercore ISI dropped their price objective 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 note on Monday, August 4th. Bank of America raised their target price 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. Citigroup lifted their target price on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Finally, Barclays started coverage on shares of Mettler-Toledo International in a research note on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 target price for the company. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of "Moderate Buy" and a consensus target price of $1,311.11.

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.