Robeco Institutional Asset Management B.V. Has $91.16 Million Stock Position in Mettler-Toledo International, Inc. $MTD

Key Points

• Robeco Institutional Asset Management reduced its stake in Mettler‑Toledo by 3.9% in Q4 and now holds 65,385 shares worth about $91.16 million, representing roughly 0.32% of the company.
• Insider ownership is low at 0.71%; CFO Shawn Vadala sold 800 shares on Feb 10 at about $1,410.12 each, cutting his holding by 13.14% to 5,288 shares.
• Wall Street has a consensus of “Moderate Buy” (7 buys, 6 holds) with an average target of $1,463.75, and MTD recently beat quarterly estimates (EPS $13.36 vs $12.76; revenue $1.13B, +8.1% YoY).

Robeco Institutional Asset Management B.V. reduced its stake in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,385 shares of the medical instruments supplier's stock after selling 2,681 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.32% of Mettler-Toledo International worth $91,159,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTD. Versant Capital Management Inc lifted its stake in shares of Mettler-Toledo International by 42.1% in the third quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier's stock worth $33,000 after acquiring an additional 8 shares during the period. SJS Investment Consulting Inc. lifted its stake in Mettler-Toledo International by 2,700.0% in the third quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier's stock valued at $34,000 after buying an additional 27 shares during the period. Root Financial Partners LLC acquired a new position in Mettler-Toledo International in the third quarter valued at approximately $42,000. Salomon & Ludwin LLC acquired a new position in Mettler-Toledo International in the third quarter valued at approximately $43,000. Finally, Quantbot Technologies LP acquired a new position in Mettler-Toledo International in the third quarter valued at approximately $49,000. 95.07% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Mettler-Toledo International

In related news, CFO Shawn Vadala sold 800 shares of the company's stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $1,410.12, for a total transaction of $1,128,096.00. Following the completion of the sale, the chief financial officer owned 5,288 shares in the company, valued at approximately $7,456,714.56. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.71% of the company's stock.

Wall Street Analysts Forecast Growth

MTD has been the topic of several recent analyst reports. Jefferies Financial Group raised Mettler-Toledo International from a "hold" rating to a "buy" rating and boosted their price target for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Wall Street Zen raised Mettler-Toledo International from a "hold" rating to a "buy" rating in a research note on Saturday, February 14th. Barclays dropped their price target on Mettler-Toledo International from $1,600.00 to $1,550.00 and set an "overweight" rating on the stock in a research note on Monday, December 15th. Wells Fargo & Company boosted their price target on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the company an "equal weight" rating in a research note on Monday, December 15th. Finally, Morgan Stanley decreased their price objective on Mettler-Toledo International from $1,550.00 to $1,475.00 and set an "equal weight" rating for the company in a report on Tuesday, February 10th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,463.75.

Mettler-Toledo International Stock Down 0.1%

NYSE MTD opened at $1,323.27 on Monday. The company has a market cap of $26.80 billion, a price-to-earnings ratio of 31.42, a P/E/G ratio of 2.78 and a beta of 1.43. Mettler-Toledo International, Inc. has a 52 week low of $962.54 and a 52 week high of $1,525.17. The business has a 50 day moving average price of $1,301.75 and a 200-day moving average price of $1,365.91.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings results on Friday, February 6th. The medical instruments supplier reported $13.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.76 by $0.60. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the company posted $12.41 earnings per share. Mettler-Toledo International's revenue was up 8.1% compared to the same quarter last year. On average, equities research 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 is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company's product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.

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