Texas Permanent School Fund Corp Cuts Stock Position in Mettler-Toledo International, Inc. $MTD

Texas Permanent School Fund Corp lessened its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 42.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,463 shares of the medical instruments supplier’s stock after selling 1,077 shares during the period. Texas Permanent School Fund Corp’s holdings in Mettler-Toledo International were worth $1,719,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in shares of Mettler-Toledo International by 71.3% during the second quarter. Bank of New York Mellon Corp now owns 904,264 shares of the medical instruments supplier’s stock valued at $1,062,257,000 after acquiring an additional 376,419 shares in the last quarter. Norges Bank purchased a new stake in Mettler-Toledo International during the 2nd quarter valued at about $360,126,000. Alliancebernstein L.P. increased its stake in Mettler-Toledo International by 21.6% during the 1st quarter. Alliancebernstein L.P. now owns 709,328 shares of the medical instruments supplier’s stock valued at $837,653,000 after purchasing an additional 126,147 shares in the last quarter. PineStone Asset Management Inc. increased its stake in Mettler-Toledo International by 41.9% during the 2nd quarter. PineStone Asset Management Inc. now owns 334,349 shares of the medical instruments supplier’s stock valued at $392,766,000 after purchasing an additional 98,737 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Mettler-Toledo International by 42.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,722 shares of the medical instruments supplier’s stock worth $361,030,000 after buying an additional 90,395 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MTD shares. Morgan Stanley began coverage on shares of Mettler-Toledo International in a report on Tuesday, December 2nd. They set an “equal weight” rating and a $1,550.00 price target on the stock. The Goldman Sachs Group initiated coverage on Mettler-Toledo International in a report on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 target price for the company. Stifel Nicolaus boosted their price target 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. Wells Fargo & Company increased their price objective on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the company an “equal weight” rating in a research report on Monday, December 15th. Finally, Barclays decreased their target price on Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating for the company in a research report on Monday, December 15th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,441.67.

Mettler-Toledo International Price Performance

MTD stock opened at $1,414.07 on Tuesday. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,525.17. The company has a market cap of $28.89 billion, a P/E ratio of 35.26, a price-to-earnings-growth ratio of 4.53 and a beta of 1.40. The stock’s fifty day moving average price is $1,412.93 and its 200-day moving average price is $1,303.94.

Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share 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 the consensus estimate of $997.36 million. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.Mettler-Toledo International’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.21 earnings per share. 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. As a group, analysts expect that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Patrick Kaltenbach sold 2,000 shares of the business’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 sale, the chief executive officer directly owned 3,670 shares in the company, valued at approximately $5,367,375. The trade was a 35.27% 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 company’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 of the company’s stock, valued at approximately $7,696,789.76. This represents a 26.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,565 shares of company stock valued at $28,683,737 in the last 90 days. 0.77% of the stock is owned by insiders.

About Mettler-Toledo International

Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.