Beacon Investment Advisory Services Inc. Has $8.87 Million Stock Holdings in Mettler-Toledo International, Inc. $MTD

Beacon Investment Advisory Services Inc. trimmed its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 50.8% during the third quarter, HoldingsChannel reports. The fund owned 7,221 shares of the medical instruments supplier’s stock after selling 7,448 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Mettler-Toledo International were worth $8,865,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MTD. GAMMA Investing LLC boosted its stake in shares of Mettler-Toledo International by 1.6% in the 3rd quarter. GAMMA Investing LLC now owns 510 shares of the medical instruments supplier’s stock valued at $626,000 after purchasing an additional 8 shares during the last quarter. Sax Wealth Advisors LLC boosted its position in Mettler-Toledo International by 2.8% during the second quarter. Sax Wealth Advisors LLC now owns 372 shares of the medical instruments supplier’s stock valued at $437,000 after acquiring an additional 10 shares during the last quarter. Benjamin Edwards Inc. boosted its position in Mettler-Toledo International by 4.8% during the second quarter. Benjamin Edwards Inc. now owns 218 shares of the medical instruments supplier’s stock valued at $256,000 after acquiring an additional 10 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Mettler-Toledo International by 10.7% during the 2nd quarter. Penserra Capital Management LLC now owns 114 shares of the medical instruments supplier’s stock worth $133,000 after acquiring an additional 11 shares during the period. Finally, MV Capital Management Inc. raised its position in shares of Mettler-Toledo International by 50.0% in the 2nd quarter. MV Capital Management Inc. now owns 36 shares of the medical instruments supplier’s stock worth $42,000 after acquiring an additional 12 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MTD. The Goldman Sachs Group initiated coverage on shares of Mettler-Toledo International in a research report on Tuesday, December 9th. They set a “neutral” rating and a $1,475.00 price objective for the company. Citigroup lifted their price target on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Wells Fargo & Company upped their target price on shares of Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the stock an “equal weight” rating in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Mettler-Toledo International in a research report on Monday. Finally, Barclays cut their price objective on Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,441.67.

Get Our Latest Analysis on Mettler-Toledo International

Mettler-Toledo International Price Performance

Shares of NYSE:MTD opened at $1,420.36 on Friday. The firm has a fifty day moving average price of $1,420.00 and a two-hundred day moving average price of $1,308.67. The company has a market cap of $29.02 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 4.58 and a beta of 1.40. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,525.17.

Mettler-Toledo International (NYSE:MTDGet Free Report) last issued its quarterly earnings results 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 firm had revenue of $1.03 billion during 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%.The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the company posted $10.21 EPS. 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 expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Insider Activity at Mettler-Toledo International

In related news, Director Elisha W. Finney sold 474 shares of the company’s stock in a transaction on 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 completion of the transaction, the director directly owned 311 shares in the company, valued at approximately $445,840.27. The trade was a 60.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Shawn Vadala sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $1,511.00, for a total transaction of $1,511,000.00. Following the completion of the sale, the chief financial officer owned 5,288 shares of the company’s stock, valued at approximately $7,990,168. The trade was a 15.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 19,565 shares of company stock worth $28,683,737 in the last three months. 1.94% of the stock is owned by insiders.

About Mettler-Toledo International

(Free Report)

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.

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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