Vestcor Inc lessened its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 42.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,307 shares of the medical instruments supplier’s stock after selling 982 shares during the quarter. Vestcor Inc’s holdings in Mettler-Toledo International were worth $1,604,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. WINTON GROUP Ltd bought a new stake in Mettler-Toledo International during the 3rd quarter worth $948,000. Schroder Investment Management Group raised its position in Mettler-Toledo International by 11.2% in the third quarter. Schroder Investment Management Group now owns 48,924 shares of the medical instruments supplier’s stock valued at $60,060,000 after purchasing an additional 4,935 shares during the last quarter. Parallel Advisors LLC raised its position in Mettler-Toledo International by 5.6% in the third quarter. Parallel Advisors LLC now owns 300 shares of the medical instruments supplier’s stock valued at $368,000 after purchasing an additional 16 shares during the last quarter. Meiji Yasuda Life Insurance Co boosted its stake in shares of Mettler-Toledo International by 17.6% during the third quarter. Meiji Yasuda Life Insurance Co now owns 467 shares of the medical instruments supplier’s stock valued at $573,000 after purchasing an additional 70 shares in the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in shares of Mettler-Toledo International during the third quarter worth about $128,000. 95.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday, December 29th. Wall Street Zen raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Barclays decreased their price target on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a research report on Monday, December 15th. The Goldman Sachs Group assumed coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 price target for the company. Finally, Wells Fargo & Company lifted their price target on shares of Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the stock an “equal weight” rating in a report on Monday, December 15th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $1,435.42.
Mettler-Toledo International Price Performance
Shares of MTD opened at $1,228.64 on Thursday. The business has a 50-day moving average of $1,387.86 and a 200-day moving average of $1,370.18. The company has a market capitalization of $24.98 billion, a price-to-earnings ratio of 29.17, a price-to-earnings-growth ratio of 2.58 and a beta of 1.43. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last announced its earnings results on Thursday, February 5th. The medical instruments supplier reported $13.36 EPS for the quarter, beating the consensus estimate of $12.76 by $0.60. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $12.41 earnings per share. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. As a group, sell-side analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.
Insider Activity at Mettler-Toledo International
In other news, CFO Shawn Vadala sold 800 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total value of $1,128,096.00. Following the sale, the chief financial officer directly owned 5,288 shares of the company’s stock, valued at approximately $7,456,714.56. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.94% of the company’s stock.
Mettler-Toledo International Profile
Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.
The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.
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