Mettler-Toledo International, Inc. $MTD Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 2.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,429 shares of the medical instruments supplier’s stock after acquiring an additional 8,360 shares during the quarter. Principal Financial Group Inc.’s holdings in Mettler-Toledo International were worth $366,354,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MTD. Versant Capital Management Inc boosted its position in Mettler-Toledo International by 42.1% during the third quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock worth $33,000 after purchasing an additional 8 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in shares of Mettler-Toledo International by 2,700.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 28 shares of the medical instruments supplier’s stock worth $34,000 after buying an additional 27 shares during the period. NewSquare Capital LLC lifted 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 buying an additional 17 shares in the last quarter. MV Capital Management Inc. grew its stake in 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 valued at $42,000 after acquiring an additional 12 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in Mettler-Toledo International in the 3rd quarter worth $42,000. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Evercore ISI raised their price target on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. JPMorgan Chase & Co. increased their target price on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday, December 29th. Stifel Nicolaus increased their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, 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 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $1,441.67.

Mettler-Toledo International Trading Down 1.6%

Shares of MTD opened at $1,370.92 on Friday. The company’s 50-day moving average price is $1,432.30 and its 200 day moving average price is $1,353.19. Mettler-Toledo International, Inc. has a 12-month low of $946.69 and a 12-month high of $1,525.17. The firm has a market cap of $28.01 billion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 4.14 and a beta of 1.41.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS for the quarter, topping analysts’ consensus estimates of $10.62 by $0.53. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $997.36 million. During the same period in the prior year, the firm earned $10.21 earnings per share. The firm’s revenue 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 forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insider Activity

In related news, insider Gerry Keller sold 236 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $1,418.58, for a total transaction of $334,784.88. Following the completion of the transaction, the insider owned 159 shares in the company, valued at approximately $225,554.22. The trade was a 59.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider La Guerroniere Marc De sold 6,880 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1,450.00, for a total value of $9,976,000.00. Following the transaction, the insider directly owned 187 shares of the company’s stock, valued at approximately $271,150. This represents a 97.35% 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 over the last three months. Company insiders own 1.94% of the company’s stock.

Mettler-Toledo International Profile

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.