Index Fund Advisors Inc. Takes $203,000 Position in Mettler-Toledo International, Inc. $MTD

Index Fund Advisors Inc. bought a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 173 shares of the medical instruments supplier’s stock, valued at approximately $203,000.

Several other large investors have also recently bought and sold shares of MTD. WPG Advisers LLC acquired a new position in shares of Mettler-Toledo International during the 1st quarter worth approximately $41,000. Zions Bancorporation National Association UT bought a new position in shares of Mettler-Toledo International in the first quarter valued at $43,000. Golden State Wealth Management LLC increased its holdings in Mettler-Toledo International by 583.3% during the first quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier’s stock worth $48,000 after buying an additional 35 shares during the last quarter. Sound Income Strategies LLC raised its position in 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 worth $61,000 after acquiring an additional 43 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Mettler-Toledo International by 520.0% in the first quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier’s stock valued at $73,000 after acquiring an additional 52 shares during the last quarter. 95.07% of the stock is owned by institutional investors and hedge funds.

Mettler-Toledo International Stock Down 2.5%

Shares of NYSE:MTD opened at $1,274.39 on Monday. Mettler-Toledo International, Inc. has a 12-month low of $946.69 and a 12-month high of $1,486.76. The business has a 50 day moving average of $1,278.97 and a 200-day moving average of $1,190.01. The stock has a market cap of $26.25 billion, a PE ratio of 32.27, a P/E/G ratio of 3.82 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share 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 analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities research analysts expect that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insider Transactions at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 300 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $1,325.00, for a total value of $397,500.00. Following the completion of the sale, the chief financial officer owned 5,095 shares of the company’s stock, valued at approximately $6,750,875. The trade was a 5.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Gerry Keller sold 165 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the completion of the transaction, the insider owned 94 shares in the company, valued at $123,012.16. This trade represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,827 shares of company stock valued at $2,371,208. 0.77% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MTD shares. Weiss Ratings restated a “hold (c)” rating on shares of Mettler-Toledo International in a research note on Wednesday, October 8th. Evercore ISI boosted their price target on 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. Bank of America upped their price objective on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research note on Monday, September 22nd. Barclays lifted their target price on Mettler-Toledo International from $1,325.00 to $1,350.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Finally, Robert W. Baird increased their price target on Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $1,336.50.

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.