OneAscent Investment Solutions LLC Makes New Investment in Mettler-Toledo International, Inc. $MTD

Key Points

• OneAscent Investment Solutions LLC has invested $468,000 in Mettler-Toledo International, acquiring 396 shares of the company.
• Mettler-Toledo International reported earnings per share of $10.09, exceeding analyst expectations, with revenues reaching $983.22 million for the latest quarter.
• Institutional investors hold approximately 95.07% of Mettler-Toledo International's stock, indicating significant institutional interest in the company.

OneAscent Investment Solutions LLC acquired a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 396 shares of the medical instruments supplier's stock, valued at approximately $468,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Greenleaf Trust raised its holdings in Mettler-Toledo International by 1.2% in the first quarter. Greenleaf Trust now owns 872 shares of the medical instruments supplier's stock valued at $1,030,000 after acquiring an additional 10 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Mettler-Toledo International by 1.8% in the first quarter. Sequoia Financial Advisors LLC now owns 627 shares of the medical instruments supplier's stock valued at $740,000 after acquiring an additional 11 shares in the last quarter. Albion Financial Group UT lifted its stake in Mettler-Toledo International by 1.5% during the first quarter. Albion Financial Group UT now owns 754 shares of the medical instruments supplier's stock worth $890,000 after purchasing an additional 11 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in Mettler-Toledo International by 5.4% during the first quarter. TD Private Client Wealth LLC now owns 214 shares of the medical instruments supplier's stock worth $253,000 after purchasing an additional 11 shares during the last quarter. Finally, Congress Asset Management Co. lifted its stake in Mettler-Toledo International by 1.8% during the first quarter. Congress Asset Management Co. now owns 667 shares of the medical instruments supplier's stock worth $788,000 after purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds own 95.07% of the company's stock.

Mettler-Toledo International Trading Up 1.0%

Shares of Mettler-Toledo International stock traded up $13.19 during trading hours on Tuesday, hitting $1,324.51. 25,429 shares of the company were exchanged, compared to its average volume of 173,859. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,521.01. The business has a 50-day moving average of $1,218.04 and a 200-day moving average of $1,187.89. The stock has a market capitalization of $27.28 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 3.94 and a beta of 1.34.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $983.22 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, research analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Insider Activity at Mettler-Toledo International

In related news, insider Gerry Keller sold 165 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total value of $215,925.60. Following the completion of the sale, the insider owned 94 shares in the company, valued at $123,012.16. This trade represents a 63.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas P. Salice sold 1,062 shares of the firm's stock in a transaction dated 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 completion of the sale, the director owned 283 shares of the company's stock, valued at $368,154.70. This trade represents a 78.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,589 shares of company stock worth $3,205,554 over the last three months. 0.77% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MTD has been the subject of several recent analyst reports. Wall Street Zen cut Mettler-Toledo International from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Wells Fargo & Company boosted their target price on Mettler-Toledo International from $1,125.00 to $1,200.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. Barclays started coverage on Mettler-Toledo International in a research note on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 target price for the company. UBS Group upgraded Mettler-Toledo International from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $1,530.00 to $1,350.00 in a research note on Tuesday, May 20th. Finally, Evercore ISI reduced their price objective on 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. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of "Moderate Buy" and an average target price of $1,288.89.

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.