Key Points
- Insider Gerry Keller sold 435 Mettler-Toledo shares for about $754,000, cutting his position 62.68% to 259 shares.
- The company beat quarterly estimates, reporting earnings of $12.57 per share versus $12.13 expected and revenue of $1.09 billion; revenue rose 6.3% year over year.
- Analyst views are mixed: Barclays and Stifel raised price targets to $1,900 with positive ratings, while the consensus rating remains “Hold” with an average target of $1,595.77.
Mettler-Toledo International, Inc. (NYSE:MTD - Get Free Report) insider Gerry Keller sold 435 shares of Mettler-Toledo International stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $1,734.05, for a total value of $754,311.75. Following the completion of the sale, the insider owned 259 shares of the company's stock, valued at $449,118.95. This trade represents a 62.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mettler-Toledo International Stock Performance
Shares of MTD stock opened at $1,749.74 on Wednesday. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,806.58. The company has a 50 day moving average price of $1,538.82 and a 200 day moving average price of $1,349.09. The firm has a market capitalization of $34.80 billion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 3.52 and a beta of 1.16. The company has a debt-to-equity ratio of 25.28, a quick ratio of 0.75 and a current ratio of 1.10.
Mettler-Toledo International (NYSE:MTD - Get Free Report) last issued its earnings results on Thursday, November 5th. The medical instruments supplier reported $12.57 earnings per share for the quarter, topping the consensus estimate of $12.13 by $0.44. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Mettler-Toledo International had a return on equity of 15,012.71% and a net margin of 22.25%. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the company posted $11.15 EPS. Sell-side analysts anticipate that Mettler-Toledo International, Inc. will post 47.83 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of MTD. Edmond DE Rothschild Holding S.A. bought a new position in shares of Mettler-Toledo International during the 2nd quarter valued at about $26,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Mettler-Toledo International in the 2nd quarter valued at approximately $32,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Mettler-Toledo International in the 3rd quarter valued at approximately $54,000. Principia Wealth Advisory LLC lifted its position in shares of Mettler-Toledo International by 2,050.0% in the 2nd quarter. Principia Wealth Advisory LLC now owns 43 shares of the medical instruments supplier's stock valued at $55,000 after acquiring an additional 41 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in Mettler-Toledo International in the 3rd quarter worth approximately $56,000. Institutional investors own 95.07% of the company's stock.
Mettler-Toledo International News Roundup
Here are the key news stories impacting Mettler-Toledo International this week:
- Positive Sentiment: Barclays raised its target from $1,700 to $1,900 and maintained an overweight rating; Stifel lifted its target from $1,600 to $1,900 and assigned a buy rating. Both targets imply further upside from the reference share price of $1,749.74. Barclays price target article Stifel price target article
- Neutral Sentiment: Robert W. Baird raised its target from $1,608 to $1,815 but kept a neutral rating. JPMorgan also retained a neutral rating despite lifting its target from $1,550 to $1,725. Goldman Sachs raised its target from $1,510 to $1,640, still below the reference share price—signaling that analyst views remain divided. Baird price target article Goldman Sachs price target article
- Negative Sentiment: Insider Gerry Keller sold 435 shares for about $754,000, reducing his direct holding by 62.68% to 259 shares. Insider sales can weigh on sentiment, though the filing alone does not indicate the reason for the transaction. SEC insider transaction filing
Analyst Upgrades and Downgrades
Several brokerages recently commented on MTD. Royal Bank Of Canada initiated coverage on Mettler-Toledo International in a report on Tuesday, September 1st. They set a "sector perform" rating and a $1,515.00 target price on the stock. Robert W. Baird upped their price objective on Mettler-Toledo International from $1,608.00 to $1,815.00 and gave the company a "neutral" rating in a research note on Monday. Jefferies Financial Group raised their price objective on Mettler-Toledo International from $1,400.00 to $1,580.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Rothschild & Co Redburn initiated coverage on shares of Mettler-Toledo International in a report on Wednesday, September 2nd. They issued a "sell" rating and a $1,200.00 target price on the stock. Finally, UBS Group started coverage on Mettler-Toledo International in a research note on Wednesday, September 9th. They issued a "neutral" rating and a $1,460.00 target price on the stock. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Mettler-Toledo International has an average rating of "Hold" and a consensus target price of $1,595.77.
Check Out Our Latest Report on Mettler-Toledo International
Mettler-Toledo International Company Profile
(
Get Free Report)
Mettler-Toledo International develops and manufactures precision instruments and systems used in laboratory, industrial, and retail settings. Its products include laboratory balances and analytical instruments, industrial scales and weighing systems, and equipment for measuring and monitoring production processes. The company also supplies product-inspection systems, including checkweighers, metal detectors, and X-ray inspection equipment, along with related software, installation, maintenance, and calibration services.
Further Reading
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