Public Sector Pension Investment Board Purchases 200 Shares of Mettler-Toledo International, Inc. $MTD

Key Points

• The Public Sector Pension Investment Board has increased its stake in Mettler-Toledo International, Inc. by 7.5%, owning a total of 2,854 shares valued at approximately $3.37 million.
• Insider activity includes Gerry Keller selling 165 shares and CFO Shawn Vadala selling 300 shares, reflecting significant decreases in their stock ownership positions.
• Recent earnings reports show Mettler-Toledo exceeding analysts' estimates, with earnings per share of $10.09 and revenue of $983.22 million, marking a 3.9% increase year-over-year.

Public Sector Pension Investment Board increased its position in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 7.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,854 shares of the medical instruments supplier's stock after purchasing an additional 200 shares during the quarter. Public Sector Pension Investment Board's holdings in Mettler-Toledo International were worth $3,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MTD. GAMMA Investing LLC grew its stake in Mettler-Toledo International by 131,246.3% in the 1st quarter. GAMMA Investing LLC now owns 386,158 shares of the medical instruments supplier's stock valued at $456,018,000 after buying an additional 385,864 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Mettler-Toledo International by 36.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 363,107 shares of the medical instruments supplier's stock valued at $444,327,000 after buying an additional 96,300 shares during the last quarter. Nuveen LLC acquired a new position in Mettler-Toledo International in the 1st quarter valued at about $71,897,000. Northern Trust Corp grew its stake in Mettler-Toledo International by 23.6% in the 4th quarter. Northern Trust Corp now owns 251,705 shares of the medical instruments supplier's stock valued at $308,006,000 after buying an additional 48,027 shares during the last quarter. Finally, AustralianSuper Pty Ltd grew its stake in Mettler-Toledo International by 60.4% in the 1st quarter. AustralianSuper Pty Ltd now owns 114,986 shares of the medical instruments supplier's stock valued at $135,788,000 after buying an additional 43,313 shares during the last quarter. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Stock Performance

Shares of NYSE MTD traded up $42.4310 during trading hours on Friday, hitting $1,320.4310. 114,639 shares of the stock were exchanged, compared to its average volume of 173,947. The company has a market cap of $27.20 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 3.95 and a beta of 1.34. The company's fifty day simple moving average is $1,224.30 and its two-hundred day simple moving average is $1,189.23. Mettler-Toledo International, Inc. has a 1-year low of $946.69 and a 1-year high of $1,521.01.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share (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 analyst estimates of $957.41 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The firm's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, sell-side analysts expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on MTD. Wall Street Zen lowered shares of Mettler-Toledo International from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Evercore ISI decreased their price target on shares of 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. 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 note on Thursday, June 26th. Jefferies Financial Group upgraded shares of Mettler-Toledo International from an "underperform" rating to a "hold" rating and decreased their target price for the stock from $1,200.00 to $1,110.00 in a research report on Monday, May 5th. Finally, Citigroup increased their target price on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Thursday. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Mettler-Toledo International has an average rating of "Moderate Buy" and a consensus price target of $1,311.11.

Insider Activity at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 300 shares of the firm's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $1,254.09, for a total transaction of $376,227.00. Following the completion of the transaction, the chief financial officer owned 5,095 shares of the company's stock, valued at approximately $6,389,588.55. This trade represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of the firm's 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 transaction, the director directly owned 283 shares of the company's stock, valued at $368,154.70. The trade was a 78.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,889 shares of company stock worth $3,603,054 in the last 90 days. 1.94% of the stock is currently owned by company 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.