Swedbank AB Sells 270 Shares of Mettler-Toledo International, Inc. $MTD

Key Points

• Swedbank AB reduced its stake in Mettler-Toledo International, Inc. by 1.4% during Q1, now holding 19,120 shares valued at approximately $22.58 million.
• Mettler-Toledo reported a quarterly EPS of $10.09, surpassing analysts' expectations, with revenue of $983.22 million for the quarter, a 3.9% increase year-over-year.
• The stock's current P/E ratio stands at 31.86, and it has a market capitalization of $25.92 billion, with institutional investors owning approximately 95.07% of the shares.

Swedbank AB lowered its holdings in Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 1.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,120 shares of the medical instruments supplier's stock after selling 270 shares during the quarter. Swedbank AB owned about 0.09% of Mettler-Toledo International worth $22,579,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in MTD. Greenleaf Trust raised its position in shares of Mettler-Toledo International by 1.2% during the first quarter. Greenleaf Trust now owns 872 shares of the medical instruments supplier's stock worth $1,030,000 after purchasing an additional 10 shares during the period. Brooklyn Investment Group raised its position in shares of Mettler-Toledo International by 12.8% during the first quarter. Brooklyn Investment Group now owns 88 shares of the medical instruments supplier's stock worth $104,000 after purchasing an additional 10 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Mettler-Toledo International by 1.8% during the first quarter. Sequoia Financial Advisors LLC now owns 627 shares of the medical instruments supplier's stock worth $740,000 after purchasing an additional 11 shares during the period. Albion Financial Group UT raised its position in shares of 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 period. Finally, TD Private Client Wealth LLC raised its position in shares of 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 period. Institutional investors and hedge funds own 95.07% of the company's stock.

Mettler-Toledo International Trading Up 2.0%

Shares of NYSE:MTD traded up $26.04 during trading on Thursday, hitting $1,300.00. 31,610 shares of the company were exchanged, compared to its average volume of 168,236. The stock has a market cap of $26.78 billion, a price-to-earnings ratio of 32.92, a P/E/G ratio of 3.83 and a beta of 1.37. Mettler-Toledo International, Inc. has a fifty-two week low of $946.69 and a fifty-two week high of $1,521.01. The firm has a fifty day moving average price of $1,262.94 and a two-hundred day moving average price of $1,186.02.

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 analysts' consensus estimates 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 negative return on equity of 476.07% and a net margin of 21.46%.The firm's revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, research analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Citigroup raised their price target on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Bank of America increased their price objective on Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the stock a "neutral" rating in a report on Thursday, June 26th. Evercore ISI decreased 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 report on Monday, August 4th. Robert W. Baird increased their price objective on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Finally, Barclays began coverage on Mettler-Toledo International in a research note on Tuesday, June 24th. They issued an "overweight" rating and a $1,325.00 price target for the company. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Mettler-Toledo International presently has a consensus rating of "Moderate Buy" and an average target price of $1,311.11.

Insider Buying and Selling

In related news, CFO Shawn Vadala sold 300 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $1,254.09, for a total transaction of $376,227.00. Following the transaction, the chief financial officer directly owned 5,095 shares of the company's stock, valued at approximately $6,389,588.55. The trade was a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $1,300.90, for a total value of $1,381,555.80. Following the transaction, the director directly owned 283 shares in the company, valued at $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. In the last three months, insiders have sold 1,827 shares of company stock valued at $2,371,208. 1.94% of the stock is owned by insiders.

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.