Mettler-Toledo International, Inc. $MTD Shares Acquired by Woodline Partners LP

Key Points

• Woodline Partners LP increased its stake in Mettler-Toledo International by 20.5%, now owning 15,464 shares valued at approximately $18.26 million as of the end of the last quarter.
• Insider trading included significant sales, with Gerry Keller selling 165 shares and Shawn Vadala selling 300 shares, reflecting decreases in their respective positions.
• Equities analysts have varying ratings for Mettler-Toledo, with a consensus of "Moderate Buy" and an average target price of $1,311.11 following a recent boost in price targets by multiple firms.

Woodline Partners LP grew its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD - Free Report) by 20.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,464 shares of the medical instruments supplier's stock after buying an additional 2,632 shares during the period. Woodline Partners LP owned 0.07% of Mettler-Toledo International worth $18,262,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Greenleaf Trust increased its position in 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 buying an additional 10 shares in the last quarter. Brooklyn Investment Group increased its position in 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 buying an additional 10 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in 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 buying an additional 11 shares in the last quarter. Albion Financial Group UT increased its position in 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 buying an additional 11 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its position in 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 buying an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 95.07% of the company's stock.

Mettler-Toledo International Price Performance

MTD stock traded up $5.20 during trading on Tuesday, reaching $1,265.33. 26,234 shares of the stock traded hands, compared to its average volume of 168,407. The business's 50 day moving average price is $1,260.42 and its 200-day moving average price is $1,184.76. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,521.01. The firm has a market capitalization of $26.07 billion, a PE ratio of 32.04, a P/E/G ratio of 3.78 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The medical instruments supplier reported $10.09 EPS for the quarter, topping analysts' consensus estimates of $9.58 by $0.51. The company had revenue of $983.22 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $9.65 earnings per share. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. On average, equities research analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insiders Place Their Bets

In other Mettler-Toledo International news, insider Gerry Keller sold 165 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the transaction, the insider owned 94 shares in the company, valued at $123,012.16. The trade was a 63.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas P. Salice sold 1,062 shares of the business's stock in a transaction dated 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 owned 283 shares in the company, valued at approximately $368,154.70. This represents a 78.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,827 shares of company stock worth $2,371,208 over the last quarter. 0.77% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MTD. Bank of America lifted their price objective on Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the company a "neutral" rating in a research report on Thursday, June 26th. UBS Group raised Mettler-Toledo International from a "neutral" rating to a "buy" rating and lowered their price objective for the company from $1,530.00 to $1,350.00 in a research report on Tuesday, May 20th. Evercore ISI lowered 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 research report on Monday, August 4th. Robert W. Baird lifted their price objective on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Finally, Citigroup lifted their price objective on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Five investment 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, the company presently has an average rating of "Moderate Buy" and an average price target of $1,311.11.

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.