Assenagon Asset Management S.A. Has $24.47 Million Stock Holdings in Mettler-Toledo International, Inc. $MTD

Assenagon Asset Management S.A. grew its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 13.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,935 shares of the medical instruments supplier’s stock after acquiring an additional 2,408 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Mettler-Toledo International were worth $24,472,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. WPG Advisers LLC bought a new stake in shares of Mettler-Toledo International in the first quarter worth $41,000. NewSquare Capital LLC lifted its position in Mettler-Toledo International by 94.4% during the 2nd quarter. NewSquare Capital LLC now owns 35 shares of the medical instruments supplier’s stock worth $41,000 after buying an additional 17 shares in the last quarter. MV Capital Management Inc. boosted 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 buying an additional 12 shares during the last quarter. State of Wyoming bought a new position in shares of Mettler-Toledo International in the 2nd quarter valued at about $58,000. Finally, Sound Income Strategies LLC increased its position in shares of 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. 95.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

MTD has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target 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. Bank of America raised Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 price objective for the company in a report on Monday. Evercore ISI boosted their target price on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Morgan Stanley assumed coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 2nd. They issued an “equal weight” rating and a $1,550.00 price target for the company. Finally, Barclays lowered their price objective on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock in a research note on Monday. Six 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, the company currently has a consensus rating of “Hold” and an average price target of $1,441.67.

Mettler-Toledo International Stock Performance

Shares of Mettler-Toledo International stock opened at $1,388.26 on Friday. The firm has a 50-day moving average of $1,407.88 and a 200-day moving average of $1,298.50. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,525.17. The stock has a market cap of $28.36 billion, a PE ratio of 34.62, a PEG ratio of 4.47 and a beta of 1.40.

Mettler-Toledo International (NYSE:MTD) last posted 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. Mettler-Toledo International had a net margin of 21.20% and a negative return on equity of 426.96%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $997.36 million. During the same quarter in the previous year, the firm posted $10.21 EPS. The business’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 and its FY 2025 guidance at 42.050-42.250 EPS. Equities research analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Insider Buying and Selling at Mettler-Toledo International

In other news, insider La Guerroniere Marc De sold 6,055 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $1,488.18, for a total transaction of $9,010,929.90. Following the sale, the insider directly owned 187 shares of the company’s stock, valued at approximately $278,289.66. This represents a 97.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Shawn Vadala sold 1,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $1,511.00, for a total value of $1,511,000.00. Following the completion of the transaction, the chief financial officer owned 5,288 shares in the company, valued at $7,990,168. The trade was a 15.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,565 shares of company stock valued at $28,683,737 over the last ninety days. 1.94% of the stock is owned by corporate insiders.

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.