KBC Group NV Lowers Stock Position in Mettler-Toledo International, Inc. $MTD

KBC Group NV decreased its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 43.6% in the second quarter, HoldingsChannel reports. The firm owned 6,460 shares of the medical instruments supplier’s stock after selling 5,000 shares during the quarter. KBC Group NV’s holdings in Mettler-Toledo International were worth $7,589,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MTD. Brooklyn Investment Group lifted its position in shares of Mettler-Toledo International by 12.8% in the 1st 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. Sax Wealth Advisors LLC raised its stake in Mettler-Toledo International by 2.8% in the 2nd quarter. Sax Wealth Advisors LLC now owns 372 shares of the medical instruments supplier’s stock valued at $437,000 after purchasing an additional 10 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Mettler-Toledo International by 10.7% during the 2nd quarter. Penserra Capital Management LLC now owns 114 shares of the medical instruments supplier’s stock worth $133,000 after acquiring an additional 11 shares during the period. Horizon Investments LLC increased its stake in Mettler-Toledo International by 4.2% during the first quarter. Horizon Investments LLC now owns 299 shares of the medical instruments supplier’s stock worth $353,000 after acquiring an additional 12 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its stake in shares of Mettler-Toledo International by 3.9% in the 2nd quarter. Apollon Wealth Management LLC now owns 349 shares of the medical instruments supplier’s stock valued at $410,000 after acquiring an additional 13 shares during the period. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Down 0.6%

Shares of MTD stock opened at $1,404.27 on Friday. The stock has a 50-day moving average price of $1,334.60 and a 200 day moving average price of $1,248.36. The firm has a market cap of $28.69 billion, a price-to-earnings ratio of 35.56, a PEG ratio of 4.19 and a beta of 1.41. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,471.06.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, topping the consensus estimate of $10.62 by $0.53. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $997.36 million. During the same period last year, the business earned $10.21 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS. FY 2025 guidance at 42.050-42.250 EPS. Sell-side analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on MTD shares. Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Wednesday, October 8th. Evercore ISI boosted their price objective on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Citigroup upped their target price on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. boosted their target price on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Finally, Barclays boosted their price objective on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Mettler-Toledo International has an average rating of “Hold” and an average target price of $1,406.50.

Insider Buying and Selling at Mettler-Toledo International

In other news, Director Elisha W. Finney sold 474 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $1,433.57, for a total value of $679,512.18. Following the transaction, the director directly owned 311 shares of the company’s stock, valued at $445,840.27. The trade was a 60.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider La Guerroniere Marc De sold 6,880 shares of Mettler-Toledo International stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $1,450.00, for a total value of $9,976,000.00. Following the transaction, the insider owned 187 shares of the company’s stock, valued at $271,150. This trade represents a 97.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,549 shares of company stock worth $16,736,223. 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.