5,077 Shares in Mettler-Toledo International, Inc. $MTD Purchased by Walleye Capital LLC

Key Points

• Walleye Capital LLC has invested $6 million in Mettler-Toledo International, acquiring 5,077 shares, reflecting strong interest from institutional investors in the medical instruments supplier.
• Mettler-Toledo International's stock has seen a 12-month trading range between $946.69 and $1,521.01, with a current market cap of $26.57 billion and a PE ratio of 32.66.
• The company reported earnings of $10.09 EPS, exceeding analysts' expectations, and set its FY 2025 guidance at EPS between 42.100 and 42.600, indicating positive growth prospects.

Walleye Capital LLC purchased a new stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,077 shares of the medical instruments supplier's stock, valued at approximately $5,995,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of Mettler-Toledo International by 39.1% in the 1st quarter. Farther Finance Advisors LLC now owns 89 shares of the medical instruments supplier's stock worth $103,000 after purchasing an additional 25 shares in the last quarter. QRG Capital Management Inc. increased its holdings in shares of Mettler-Toledo International by 29.4% in the 1st quarter. QRG Capital Management Inc. now owns 489 shares of the medical instruments supplier's stock worth $577,000 after purchasing an additional 111 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Mettler-Toledo International by 13.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,488 shares of the medical instruments supplier's stock worth $2,929,000 after purchasing an additional 292 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mettler-Toledo International by 95.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,202 shares of the medical instruments supplier's stock worth $2,600,000 after purchasing an additional 1,073 shares in the last quarter. Finally, Boston Trust Walden Corp increased its holdings in shares of Mettler-Toledo International by 7.1% in the 1st quarter. Boston Trust Walden Corp now owns 34,610 shares of the medical instruments supplier's stock worth $40,871,000 after purchasing an additional 2,296 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Stock Down 0.1%

NYSE:MTD traded down $0.96 during mid-day trading on Thursday, hitting $1,284.28. 182,104 shares of the company traded hands, compared to its average volume of 157,516. The stock's fifty day moving average price is $1,238.00 and its 200-day moving average price is $1,187.03. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,521.01. The firm has a market cap of $26.46 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 3.86 and a beta of 1.34.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.58 by $0.51. Mettler-Toledo International had a negative return on equity of 476.07% and a net margin of 21.46%.The business had revenue of $983.22 million during the quarter, compared to analyst estimates of $957.41 million. During the same quarter in the previous year, the company posted $9.65 earnings per share. Mettler-Toledo International's revenue for the quarter was up 3.9% on a year-over-year basis. 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 predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MTD shares. Wells Fargo & Company lifted their target price on Mettler-Toledo International from $1,125.00 to $1,200.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Evercore ISI reduced 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 report on Monday, August 4th. 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. Jefferies Financial Group raised Mettler-Toledo International from an "underperform" rating to a "hold" rating and cut their price objective for the stock from $1,200.00 to $1,110.00 in a report on Monday, May 5th. Finally, Robert W. Baird lifted 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. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,311.11.

Insider Transactions at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 300 shares of the company's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $1,254.09, for a total value of $376,227.00. Following the completion of the transaction, the chief financial officer owned 5,095 shares of the company's stock, valued at $6,389,588.55. This represents a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gerry Keller sold 165 shares of the company's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $1,308.64, for a total value of $215,925.60. Following the completion of the transaction, the insider directly owned 94 shares of the company's stock, valued at approximately $123,012.16. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,827 shares of company stock valued at $2,371,208 over the last 90 days. Company insiders own 1.94% of the company's stock.

About Mettler-Toledo International

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.