Robeco Institutional Asset Management B.V. Buys 31,736 Shares of Mettler-Toledo International, Inc. $MTD

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Mettler-Toledo International by 83.0%, acquiring an additional 31,736 shares to reach a total of 69,973 shares valued at approximately $82.2 million.
• Several institutional investors have also made significant movements in Mettler-Toledo's stock, with 95.07% of shares now owned by institutional investors.
• Analysts are optimistic about Mettler-Toledo International, with a consensus rating of "Moderate Buy" and a target price averaging $1,328.33.

Robeco Institutional Asset Management B.V. increased its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 83.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,973 shares of the medical instruments supplier's stock after acquiring an additional 31,736 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.34% of Mettler-Toledo International worth $82,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pacific Point Advisors LLC boosted its stake in Mettler-Toledo International by 7.3% during the second quarter. Pacific Point Advisors LLC now owns 1,151 shares of the medical instruments supplier's stock worth $1,352,000 after acquiring an additional 78 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in shares of Mettler-Toledo International by 3.7% in the second quarter. V Square Quantitative Management LLC now owns 559 shares of the medical instruments supplier's stock valued at $657,000 after buying an additional 20 shares in the last quarter. Sound Income Strategies LLC lifted its stake in shares of Mettler-Toledo International by 477.8% in the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier's stock valued at $61,000 after buying an additional 43 shares in the last quarter. Crown Oak Advisors LLC lifted its stake in shares of Mettler-Toledo International by 1.6% in the second quarter. Crown Oak Advisors LLC now owns 6,035 shares of the medical instruments supplier's stock valued at $7,089,000 after buying an additional 93 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC bought a new position in shares of Mettler-Toledo International in the second quarter valued at $1,416,000. 95.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Barclays raised their price objective on shares of Mettler-Toledo International from $1,325.00 to $1,350.00 and gave the company an "overweight" rating in a research note on Thursday. Evercore ISI dropped their price objective 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. Citigroup raised 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. Robert W. Baird raised their price target on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Finally, Bank of America raised their price target on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a "neutral" rating in a research report on Monday, September 22nd. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $1,328.33.

Mettler-Toledo International Stock Performance

NYSE MTD opened at $1,301.49 on Friday. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,488.75. The company has a 50-day simple moving average of $1,271.22 and a 200 day simple moving average of $1,185.85. The company has a market capitalization of $26.81 billion, a PE ratio of 32.96, a price-to-earnings-growth ratio of 3.87 and a beta of 1.37.

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

Insider Activity at Mettler-Toledo International

In other Mettler-Toledo International news, insider Gerry Keller sold 165 shares of Mettler-Toledo International stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the completion of the sale, the insider directly owned 94 shares in the company, valued at $123,012.16. The trade was a 63.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas P. Salice sold 1,062 shares of Mettler-Toledo International stock in a transaction that occurred 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 owned 283 shares of the company's stock, valued at approximately $368,154.70. The trade was a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,827 shares of company stock valued at $2,371,208. Corporate insiders own 1.94% of the company's stock.

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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