Versor Investments LP Has $730,000 Position in Mettler-Toledo International, Inc. $MTD

Key Points

• Versor Investments LP increased its stake in Mettler-Toledo International by 70.7%, owning 618 shares valued at approximately $730,000 after acquiring an additional 256 shares in the 1st quarter.
• Mettler-Toledo International's stock has a market capitalization of $27.10 billion, with a current price of $1,315.45, reflecting a 12-month high of $1,521.01 and a low of $946.69.
• CFO Shawn Vadala sold 300 shares of Mettler-Toledo stock for around $376,227, leading to a significant decrease in insider ownership, with 0.77% of the stock now held by company insiders.

Versor Investments LP raised its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 70.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 618 shares of the medical instruments supplier's stock after purchasing an additional 256 shares during the period. Versor Investments LP's holdings in Mettler-Toledo International were worth $730,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTD. Zions Bancorporation National Association UT acquired a new position in shares of Mettler-Toledo International during the 1st quarter valued at about $43,000. Golden State Wealth Management LLC grew its holdings in Mettler-Toledo International by 583.3% in the 1st quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier's stock valued at $48,000 after buying an additional 35 shares during the last quarter. Menard Financial Group LLC acquired a new stake in shares of Mettler-Toledo International during the 4th quarter worth approximately $67,000. Blue Trust Inc. grew its holdings in shares of Mettler-Toledo International by 520.0% during the 1st 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. Finally, Quarry LP grew its holdings in shares of Mettler-Toledo International by 20.5% during the 4th quarter. Quarry LP now owns 88 shares of the medical instruments supplier's stock worth $108,000 after purchasing an additional 15 shares in the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

Mettler-Toledo International Price Performance

Shares of Mettler-Toledo International stock traded up $42.4310 during trading on Friday, hitting $1,320.4310. 114,639 shares of the company were exchanged, compared to its average volume of 173,947. The firm has a market capitalization of $27.20 billion, a P/E ratio of 33.44, a price-to-earnings-growth ratio of 3.95 and a beta of 1.34. Mettler-Toledo International, Inc. has a 1-year low of $946.69 and a 1-year high of $1,521.01. The firm's fifty day moving average price is $1,224.30 and its 200 day moving average price is $1,189.23.

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 (EPS) for the quarter, topping the consensus estimate of $9.58 by $0.51. The company had revenue of $983.22 million during 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 company's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company 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, equities research analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MTD shares. Bank of America lifted 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. Robert W. Baird raised their target price on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a "neutral" rating in a research report on Monday, August 4th. Citigroup raised their target price 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. Barclays began coverage on Mettler-Toledo International in a research report on Tuesday, June 24th. They set an "overweight" rating and a $1,325.00 target price for the company. Finally, Evercore ISI cut their target price on Mettler-Toledo International from $1,280.00 to $1,275.00 and set an "outperform" rating for the company in a research report on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,311.11.

Insiders Place Their Bets

In other Mettler-Toledo International news, Director Michael A. Kelly sold 1,062 shares of the business's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $1,159.93, for a total value of $1,231,845.66. Following the completion of the transaction, the director directly owned 120 shares of the company's stock, valued at approximately $139,191.60. The trade was a 89.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $1,300.90, for a total value of $1,381,555.80. Following the completion of the transaction, the director directly 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. Insiders sold a total of 2,889 shares of company stock valued at $3,603,054 in the last three months. 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.