Massachusetts Financial Services Co. MA Sells 12,586 Shares of Mettler-Toledo International, Inc. $MTD

Massachusetts Financial Services Co. MA reduced its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 6.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 196,605 shares of the medical instruments supplier’s stock after selling 12,586 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.95% of Mettler-Toledo International worth $230,956,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in Mettler-Toledo International in the first quarter worth about $41,000. NewSquare Capital LLC grew its position 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 acquiring an additional 17 shares during the period. MV Capital Management Inc. increased its stake in shares of Mettler-Toledo International by 50.0% during the 2nd quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock worth $42,000 after purchasing an additional 12 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Mettler-Toledo International during the 1st quarter worth approximately $43,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Mettler-Toledo International by 477.8% in the 2nd quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock worth $61,000 after purchasing an additional 43 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

Mettler-Toledo International stock opened at $1,404.27 on Monday. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,471.06. The business has a fifty day moving average price of $1,334.60 and a 200-day moving average price of $1,250.91. The firm has a market capitalization of $28.69 billion, a P/E ratio of 35.56, a PEG ratio of 4.19 and a beta of 1.41.

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

Insider Buying and Selling

In other news, Director Elisha W. Finney sold 474 shares of the 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 directly owned 311 shares of the company’s stock, valued at approximately $445,840.27. This represents a 60.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 completion of the transaction, the chief financial officer owned 5,288 shares of the company’s stock, valued at $7,696,789.76. This trade represents a 26.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 11,549 shares of company stock valued at $16,736,223. Corporate insiders own 1.94% of the company’s stock.

Wall Street Analyst Weigh In

MTD has been the subject of several research reports. Barclays increased 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, November 10th. Bank of America upped 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. Evercore ISI increased 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 note on Tuesday, October 7th. JPMorgan Chase & Co. boosted their price objective on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Finally, Citigroup upped their price objective on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a report on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,406.50.

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.