Police & Firemen s Retirement System of New Jersey Purchases 144 Shares of Mettler-Toledo International, Inc. $MTD

Police & Firemen s Retirement System of New Jersey increased its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,175 shares of the medical instruments supplier’s stock after purchasing an additional 144 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Mettler-Toledo International were worth $3,730,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTD. WPG Advisers LLC bought a new position in shares of Mettler-Toledo International in the 1st quarter valued at about $41,000. NewSquare Capital LLC raised its stake in shares of Mettler-Toledo International by 94.4% during the second quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock worth $41,000 after buying an additional 17 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in Mettler-Toledo International in the first quarter valued at approximately $43,000. Sound Income Strategies LLC boosted its stake 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 acquiring an additional 43 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Mettler-Toledo International in the second quarter valued at approximately $63,000. 95.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on MTD shares. Robert W. Baird upped their target price on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. Stifel Nicolaus lifted their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Citigroup increased their target price on 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. Barclays raised their target price on Mettler-Toledo International from $1,350.00 to $1,600.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Finally, Evercore ISI boosted their target price 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. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,406.50.

Mettler-Toledo International Trading Down 0.6%

MTD stock opened at $1,404.27 on Monday. The business’s 50-day moving average price is $1,334.60 and its two-hundred day moving average price is $1,250.91. The firm has a market cap of $28.69 billion, a PE ratio of 35.56, a P/E/G ratio of 4.19 and a beta of 1.41. Mettler-Toledo International, Inc. has a 1-year low of $946.69 and a 1-year high of $1,471.06.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.62 by $0.53. Mettler-Toledo International had a negative return on equity of 476.07% and a net margin of 21.46%.The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $997.36 million. During the same period in the prior year, the company earned $10.21 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. 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, analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insiders Place Their Bets

In other Mettler-Toledo International news, CFO Shawn Vadala sold 1,895 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $1,455.52, for a total transaction of $2,758,210.40. Following the sale, the chief financial officer directly owned 5,288 shares in the company, valued at approximately $7,696,789.76. This trade represents a 26.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Patrick Kaltenbach sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $1,462.50, for a total transaction of $2,925,000.00. Following the completion of the transaction, the chief executive officer owned 3,670 shares of the company’s stock, valued at $5,367,375. This trade represents a 35.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,549 shares of company stock valued at $16,736,223 in the last quarter. 1.94% of the stock is owned by company insiders.

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.