United Services Automobile Association Takes $618,000 Position in Mettler-Toledo International, Inc. $MTD

Key Points

• United Services Automobile Association invested $618,000 in Mettler-Toledo International, acquiring 525 shares of the company in the first quarter.
• Institutional investors now own 95.07% of Mettler-Toledo International's stock, with several firms significantly increasing their stakes in the fourth quarter.
• Mettler-Toledo International reported $10.09 EPS in its last quarterly earnings, surpassing analyst expectations of $9.58 EPS.

United Services Automobile Association acquired a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 525 shares of the medical instruments supplier's stock, valued at approximately $618,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Mettler-Toledo International by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 2,543,365 shares of the medical instruments supplier's stock worth $3,003,485,000 after purchasing an additional 30,535 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Mettler-Toledo International by 21.6% during the 1st quarter. Alliancebernstein L.P. now owns 709,328 shares of the medical instruments supplier's stock valued at $837,653,000 after acquiring an additional 126,147 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Mettler-Toledo International by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 481,011 shares of the medical instruments supplier's stock valued at $568,032,000 after acquiring an additional 25,272 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Mettler-Toledo International by 11.9% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 406,189 shares of the medical instruments supplier's stock valued at $479,673,000 after acquiring an additional 43,082 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Mettler-Toledo International by 131,246.3% during the 1st quarter. GAMMA Investing LLC now owns 386,158 shares of the medical instruments supplier's stock valued at $456,018,000 after acquiring an additional 385,864 shares in the last quarter. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MTD shares. Citigroup boosted 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 report on Thursday, August 21st. Evercore ISI lowered 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 report on Monday, August 4th. UBS Group upgraded shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and lowered their price target for the company from $1,530.00 to $1,350.00 in a report on Tuesday, May 20th. Robert W. Baird boosted 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 report on Monday, August 4th. Finally, Barclays started coverage on shares of Mettler-Toledo International in a report on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Mettler-Toledo International has an average rating of "Moderate Buy" and an average target price of $1,311.11.

Mettler-Toledo International Trading Up 0.0%

Mettler-Toledo International stock traded up $0.36 on Monday, reaching $1,259.90. 16,151 shares of the stock were exchanged, compared to its average volume of 168,682. The stock has a market cap of $25.95 billion, a PE ratio of 31.81, a PEG ratio of 3.78 and a beta of 1.37. Mettler-Toledo International, Inc. has a twelve month low of $946.69 and a twelve month high of $1,521.01. The firm has a fifty day moving average price of $1,258.94 and a two-hundred day moving average price of $1,184.82.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last released 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 firm had revenue of $983.22 million during 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 business's revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business 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. Equities analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insider Activity

In other news, insider Gerry Keller sold 165 shares of the company's stock in a transaction dated 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 owned 94 shares of the company's stock, valued at approximately $123,012.16. This represents a 63.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Shawn Vadala sold 300 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer directly owned 5,095 shares of the company's stock, valued at $6,389,588.55. This represents a 5.56% decrease in their position. 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. Insiders own 0.77% 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.