Insider Selling: Mettler-Toledo International (NYSE:MTD) Director Sells $679,512.18 in Stock

Mettler-Toledo International, Inc. (NYSE:MTD) Director Elisha Finney sold 474 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,433.57, for a total value of $679,512.18. Following the sale, the director owned 311 shares in the company, valued at approximately $445,840.27. This represents a 60.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Mettler-Toledo International Trading Down 0.6%

MTD stock opened at $1,404.27 on Friday. The firm has a 50 day moving average of $1,334.60 and a 200-day moving average of $1,249.64. The firm has a market capitalization of $28.69 billion, a P/E ratio of 35.56, a price-to-earnings-growth 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 posted its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, topping analysts’ consensus estimates of $10.62 by $0.53. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $997.36 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. Mettler-Toledo International’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $10.21 EPS. 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 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MTD. Russell Investments Group Ltd. boosted its holdings in Mettler-Toledo International by 29.0% during the 1st quarter. Russell Investments Group Ltd. now owns 116,502 shares of the medical instruments supplier’s stock valued at $137,548,000 after acquiring an additional 26,171 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake in Mettler-Toledo International by 46.7% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,829 shares of the medical instruments supplier’s stock worth $9,245,000 after purchasing an additional 2,493 shares during the period. Legato Capital Management LLC lifted its position in Mettler-Toledo International by 107.7% in the first quarter. Legato Capital Management LLC now owns 2,050 shares of the medical instruments supplier’s stock valued at $2,421,000 after purchasing an additional 1,063 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Mettler-Toledo International by 477.8% during the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after purchasing an additional 43 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Mettler-Toledo International by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 15,823 shares of the medical instruments supplier’s stock worth $18,686,000 after purchasing an additional 393 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MTD has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Evercore ISI upped their price objective on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Wells Fargo & Company raised their target price on shares of Mettler-Toledo International from $1,200.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday, November 10th. Citigroup lifted 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 report on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Mettler-Toledo International currently has an average rating of “Hold” and a consensus target price of $1,406.50.

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.