Mn Services Vermogensbeheer B.V. Lowers Position in Mettler-Toledo International, Inc. $MTD

Key Points

• Mn Services Vermogensbeheer B.V. decreased its position in Mettler-Toledo International by 2.5%, holding 7,848 shares worth approximately $9.22 million after selling 200 shares during the second quarter.
• Mettler-Toledo International reported an earnings per share (EPS) of $10.09 for the last quarter, beating estimates by $0.51 and showing a revenue increase of 3.9% year-over-year.
• Analysts have mixed ratings on the stock, with a consensus of moderate buy and a target price of $1,311.11, while significant insider trading activity was reported, including a 63.71% reduction in holdings by an insider.

Mn Services Vermogensbeheer B.V. reduced its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 2.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,848 shares of the medical instruments supplier's stock after selling 200 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Mettler-Toledo International were worth $9,219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MTD. Squarepoint Ops LLC boosted its stake in shares of Mettler-Toledo International by 12.9% during the 4th quarter. Squarepoint Ops LLC now owns 11,086 shares of the medical instruments supplier's stock worth $13,566,000 after acquiring an additional 1,267 shares during the period. Vise Technologies Inc. acquired a new stake in Mettler-Toledo International during the 4th quarter worth approximately $302,000. GTS Securities LLC lifted its holdings in Mettler-Toledo International by 43.5% during the 4th quarter. GTS Securities LLC now owns 406 shares of the medical instruments supplier's stock worth $497,000 after purchasing an additional 123 shares during the last quarter. Pacific Point Advisors LLC acquired a new stake in Mettler-Toledo International during the 4th quarter worth approximately $1,312,000. Finally, GF Fund Management CO. LTD. acquired a new stake in Mettler-Toledo International during the 4th quarter worth approximately $638,000. 95.07% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Gerry Keller sold 165 shares of the company'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 value of $215,925.60. Following the completion of the transaction, the insider directly owned 94 shares of the company's stock, valued at $123,012.16. This represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Shawn Vadala sold 300 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $1,254.09, for a total value of $376,227.00. Following the completion of the transaction, the chief financial officer directly owned 5,095 shares of the company's stock, valued at approximately $6,389,588.55. This represents a 5.56% 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 over the last three months. Corporate insiders own 1.94% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on MTD. Bank of America lifted their price target on Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the stock a "neutral" rating in a report on Thursday, June 26th. Robert W. Baird boosted their price target on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Citigroup boosted 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. Evercore ISI reduced 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 report on Monday, August 4th. Finally, Barclays began coverage on Mettler-Toledo International in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 price target on the stock. Five investment 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 company has an average rating of "Moderate Buy" and an average target price of $1,311.11.

Mettler-Toledo International Stock Performance

Shares of Mettler-Toledo International stock traded down $22.26 on Friday, hitting $1,264.84. The company had a trading volume of 231,443 shares, compared to its average volume of 115,898. The stock has a market capitalization of $26.06 billion, a price-to-earnings ratio of 32.03, a P/E/G ratio of 3.80 and a beta of 1.37. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,521.01. The stock has a 50 day moving average of $1,264.75 and a 200-day moving average of $1,185.80.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last issued its quarterly earnings data 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 firm 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 company's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Equities analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

About Mettler-Toledo International

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.