Mettler-Toledo International, Inc. $MTD Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lowered its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 21.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,461 shares of the medical instruments supplier’s stock after selling 1,735 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Mettler-Toledo International were worth $7,590,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. WPG Advisers LLC purchased a new position in Mettler-Toledo International during the 1st quarter valued at about $41,000. NewSquare Capital LLC grew its stake in shares of Mettler-Toledo International by 94.4% during the 2nd quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock valued at $41,000 after buying an additional 17 shares during the period. Zions Bancorporation National Association UT acquired a new stake in Mettler-Toledo International during the first quarter worth about $43,000. Sound Income Strategies LLC raised its holdings in Mettler-Toledo International by 477.8% in the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after buying an additional 43 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Mettler-Toledo International during the 2nd quarter worth $63,000. 95.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MTD has been the topic of a number of analyst reports. Citigroup lifted their target price on Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. raised their target price on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Mettler-Toledo International in a report on Wednesday, October 8th. Bank of America lifted their price target on Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Finally, Barclays upped their price objective on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the company an “overweight” rating in a report on Monday. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Mettler-Toledo International currently has an average rating of “Hold” and a consensus price target of $1,406.50.

Mettler-Toledo International Trading Up 1.0%

Shares of Mettler-Toledo International stock opened at $1,446.25 on Wednesday. The company has a market cap of $29.79 billion, a P/E ratio of 36.62, a P/E/G ratio of 4.19 and a beta of 1.41. The stock has a 50-day moving average price of $1,326.50 and a 200 day moving average price of $1,243.39. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,462.09.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, beating the consensus estimate of $10.62 by $0.53. The firm 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%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the firm earned $10.21 earnings per share. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS. FY 2025 guidance at 42.050-42.250 EPS. On average, equities analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Gerry Keller sold 165 shares of Mettler-Toledo International 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 sale, the insider directly owned 94 shares of the company’s stock, valued at $123,012.16. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shawn Vadala sold 300 shares of Mettler-Toledo International stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $1,325.00, for a total value of $397,500.00. Following the sale, the chief financial officer directly owned 5,095 shares in the company, valued at $6,750,875. The trade was a 5.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.94% of the company’s stock.

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.