Mettler-Toledo International, Inc. $MTD Shares Sold by Seilern Investment Management Ltd

Key Points

• Seilern Investment Management Ltd has reduced its position in Mettler-Toledo International by 5.8%, holding 64,288 shares valued at approximately $75.52 million, making it the firm's 11th largest holding.
• Mettler-Toledo reported a quarterly earnings per share (EPS) of $10.09, exceeding analysts' expectations of $9.58, with a revenue of $983.22 million for the quarter.
• Hedge funds and institutional investors own 95.07% of Mettler-Toledo International, indicating significant interest and investment in the company.

Seilern Investment Management Ltd lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 5.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,288 shares of the medical instruments supplier's stock after selling 3,945 shares during the period. Mettler-Toledo International comprises 5.0% of Seilern Investment Management Ltd's investment portfolio, making the stock its 11th biggest position. Seilern Investment Management Ltd owned about 0.31% of Mettler-Toledo International worth $75,520,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MTD. WPG Advisers LLC purchased a new stake in shares of Mettler-Toledo International during the first quarter worth about $41,000. Zions Bancorporation National Association UT purchased a new stake in shares of Mettler-Toledo International during the first quarter worth about $43,000. Golden State Wealth Management LLC increased its stake in shares of Mettler-Toledo International by 583.3% during the first quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier's stock worth $48,000 after purchasing an additional 35 shares in the last quarter. Menard Financial Group LLC purchased a new stake in shares of Mettler-Toledo International during the fourth quarter worth about $67,000. Finally, Blue Trust Inc. increased its stake in shares of Mettler-Toledo International by 520.0% during the first quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier's stock worth $73,000 after purchasing an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 95.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MTD shares. UBS Group raised shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $1,530.00 to $1,350.00 in a research note on Tuesday, May 20th. Bank of America upped their price objective 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. Citigroup upped their price objective on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. 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 for the company in a research note on Monday, August 4th. Finally, Robert W. Baird boosted their target price on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,311.11.

Mettler-Toledo International Stock Performance

Shares of NYSE:MTD traded up $16.66 during trading hours on Tuesday, reaching $1,276.79. The stock had a trading volume of 124,222 shares, compared to its average volume of 117,195. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,521.01. The firm's 50 day moving average is $1,261.83 and its 200-day moving average is $1,185.40. The stock has a market capitalization of $26.30 billion, a price-to-earnings ratio of 32.33, a P/E/G ratio of 3.78 and a beta of 1.37.

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 EPS for the quarter, beating analysts' consensus estimates of $9.58 by $0.51. The company had revenue of $983.22 million for 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 quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts forecast that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Insider Activity at Mettler-Toledo International

In related news, CFO Shawn Vadala sold 300 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $1,254.09, for a total value of $376,227.00. Following the transaction, the chief financial officer directly owned 5,095 shares of the company's stock, valued at $6,389,588.55. This trade represents a 5.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Gerry Keller sold 165 shares of the stock in a transaction 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 transaction, the insider directly 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 disclosure for this sale can be found here. Insiders have sold 1,827 shares of company stock valued at $2,371,208 in the last ninety days. Insiders own 0.77% of the company's stock.

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.