Epoch Investment Partners Inc. Buys 24,862 Shares of Mettler-Toledo International, Inc. $MTD

Key Points

• Epoch Investment Partners Inc. increased its stake in Mettler-Toledo International by 26.3%, owning 119,269 shares worth approximately $140.8 million.
• Institutional investors and hedge funds now own 95.07% of Mettler-Toledo International's stock, reflecting a significant interest from larger investment entities.
• Mettler-Toledo recently reported earnings of $10.09 per share for the last quarter, surpassing analysts' expectations by $0.51.

Epoch Investment Partners Inc. raised its position in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 26.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,269 shares of the medical instruments supplier's stock after acquiring an additional 24,862 shares during the period. Epoch Investment Partners Inc. owned about 0.57% of Mettler-Toledo International worth $140,846,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new stake in shares of Mettler-Toledo International in the 1st quarter worth approximately $43,000. Golden State Wealth Management LLC lifted its position in shares of Mettler-Toledo International by 583.3% in 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 during the period. Menard Financial Group LLC bought a new stake in shares of Mettler-Toledo International in the 4th quarter worth approximately $67,000. Blue Trust Inc. lifted its position in shares of Mettler-Toledo International by 520.0% in the 1st quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier's stock worth $73,000 after acquiring an additional 52 shares during the period. Finally, Quarry LP lifted its position in shares of Mettler-Toledo International by 20.5% in the 4th quarter. Quarry LP now owns 88 shares of the medical instruments supplier's stock worth $108,000 after acquiring an additional 15 shares during the period. Institutional investors own 95.07% of the company's stock.

Mettler-Toledo International Price Performance

Shares of MTD traded down $0.96 on Thursday, hitting $1,284.28. The company's stock had a trading volume of 182,104 shares, compared to its average volume of 157,516. The company has a market capitalization of $26.46 billion, a PE ratio of 32.52, a PEG ratio of 3.86 and a beta of 1.34. 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 50 day moving average price of $1,238.00 and a 200 day moving average price of $1,187.03.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 EPS for the quarter, topping the consensus estimate of $9.58 by $0.51. The business had revenue of $983.22 million for 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%.Mettler-Toledo International's revenue was up 3.9% compared to the same quarter last year. During the same period in the previous 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. On average, equities analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Insider Transactions at Mettler-Toledo International

In other news, 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 directly owned 5,095 shares of the company's stock, valued at $6,389,588.55. The trade was a 5.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $1,300.90, for a total value of $1,381,555.80. Following the completion of the transaction, the director directly owned 283 shares in the company, valued at $368,154.70. The trade was a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,827 shares of company stock valued at $2,371,208 in the last three months. 1.94% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have commented on the company. Citigroup raised their price objective on 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. Wall Street Zen downgraded Mettler-Toledo International from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Evercore ISI lowered their price objective on Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating on the stock in a research note on Monday, August 4th. Robert W. Baird upped their price objective on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Finally, Jefferies Financial Group upgraded Mettler-Toledo International from an "underperform" rating to a "hold" rating and lowered their price objective for the company from $1,200.00 to $1,110.00 in a research note on Monday, May 5th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, Mettler-Toledo International presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,311.11.

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.