Modern Wealth Management LLC Buys Shares of 275 Mettler-Toledo International, Inc. $MTD

Key Points

• Modern Wealth Management LLC purchased 275 shares of Mettler-Toledo International, Inc. valued at approximately $325,000, as disclosed in a recent SEC filing.
• Institutional investors collectively own 95.07% of Mettler-Toledo's stock, indicating significant institutional interest in the company.
• Several analysts have rated Mettler-Toledo with a consensus of "Moderate Buy," with target prices ranging from $1,230.00 to $1,600.00, reflecting a positive outlook for the stock.

Modern Wealth Management LLC bought a new stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 275 shares of the medical instruments supplier's stock, valued at approximately $325,000.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in shares of 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 worth $103,000 after purchasing an additional 25 shares during the period. QRG Capital Management Inc. increased its holdings in shares of Mettler-Toledo International by 29.4% in the first 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 period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of 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 period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mettler-Toledo International by 95.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,202 shares of the medical instruments supplier's stock worth $2,600,000 after purchasing an additional 1,073 shares during the period. Finally, Boston Trust Walden Corp grew its position in Mettler-Toledo International by 7.1% in the first 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 in the last quarter. Institutional investors own 95.07% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Barclays assumed coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 target price for the company. UBS Group upgraded shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and cut their target price for the stock from $1,530.00 to $1,350.00 in a research report on Tuesday, May 20th. Robert W. Baird upped their target price on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Citigroup upped their price target on shares of 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. Finally, Bank of America upped their price target on shares of Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the company 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 assigned a Hold rating to the company's stock. According to MarketBeat.com, Mettler-Toledo International has a consensus rating of "Moderate Buy" and a consensus target price of $1,311.11.

Insider Buying and Selling at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 300 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $1,325.00, for a total value of $397,500.00. Following the completion of the sale, the chief financial officer owned 5,095 shares in the company, valued at approximately $6,750,875. The trade was a 5.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Gerry Keller sold 165 shares of the business'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 transaction, the insider owned 94 shares of the company's stock, valued at approximately $123,012.16. This trade represents a 63.71% decrease in their position. 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 three months. Company insiders own 0.77% of the company's stock.

Mettler-Toledo International Price Performance

Shares of MTD stock opened at $1,262.22 on Tuesday. The company has a market capitalization of $26.00 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 3.78 and a beta of 1.37. The company's fifty day moving average price is $1,260.42 and its 200-day moving average price is $1,184.76. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,521.01.

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 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 business had revenue of $983.22 million during the quarter, compared to analysts' expectations of $957.41 million. During the same period last year, the company posted $9.65 EPS. The business'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. Equities research analysts expect that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

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.

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