Mettler-Toledo International, Inc. $MTD Shares Bought by Maverick Capital Ltd.

Key Points

• Maverick Capital Ltd. increased its holdings in Mettler-Toledo International by 110.4%, acquiring 309 additional shares, bringing its total to 589 shares valued at approximately $696,000.
• Insider transactions revealed that Director Thomas P. Salice sold 1,062 shares for over $1.3 million, significantly reducing his ownership by nearly 79%.
• Despite mixed analyst ratings, Mettler-Toledo International has a current average target price of $1,311.11 and recently reported quarterly earnings of $10.09 EPS, exceeding analyst expectations.

Maverick Capital Ltd. grew its position in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 110.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 589 shares of the medical instruments supplier's stock after buying an additional 309 shares during the period. Maverick Capital Ltd.'s holdings in Mettler-Toledo International were worth $696,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MTD. WPG Advisers LLC purchased a new position in shares of Mettler-Toledo International during the 1st quarter worth approximately $41,000. Zions Bancorporation National Association UT purchased a new position in shares of Mettler-Toledo International during the 1st quarter worth approximately $43,000. Golden State Wealth Management LLC boosted its position 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 purchasing an additional 35 shares during the period. Menard Financial Group LLC purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $67,000. Finally, Blue Trust Inc. boosted its position in shares of Mettler-Toledo International by 520.0% during the 1st 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. Hedge funds and other institutional investors own 95.07% of the company's stock.

Mettler-Toledo International Price Performance

Shares of MTD traded up $16.86 during midday trading on Friday, reaching $1,304.65. The stock had a trading volume of 95,040 shares, compared to its average volume of 128,164. The company's fifty day simple moving average is $1,251.17 and its two-hundred day simple moving average is $1,186.88. Mettler-Toledo International, Inc. has a 1-year low of $946.69 and a 1-year high of $1,521.01. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 33.04, a PEG ratio of 3.86 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 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $957.41 million. During the same period last year, the business earned $9.65 EPS. Mettler-Toledo International's revenue for the quarter was up 3.9% compared to the same quarter last year. 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, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

MTD has been the subject of a number of research analyst reports. UBS Group raised shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $1,530.00 to $1,350.00 in a research report on Tuesday, May 20th. Evercore ISI reduced their target price on shares of Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Bank of America upped their price objective 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. Robert W. Baird increased 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, Barclays began coverage on Mettler-Toledo International in a research note on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 price objective on the stock. 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 MarketBeat, Mettler-Toledo International has a consensus rating of "Moderate Buy" and an average target price of $1,311.11.

Insider Buying and Selling

In related news, Director Thomas P. Salice sold 1,062 shares of Mettler-Toledo International stock in a transaction on 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 sale, the director directly owned 283 shares in the company, valued at $368,154.70. This trade represents a 78.96% 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, CFO Shawn Vadala sold 300 shares of Mettler-Toledo International stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $1,325.00, for a total transaction of $397,500.00. Following the sale, the chief financial officer owned 5,095 shares in the company, valued at $6,750,875. This represents a 5.56% 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 worth $2,371,208 in the last ninety days. 1.94% of the stock is owned by corporate insiders.

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.