PineStone Asset Management Inc. Trims Stock Holdings in Mettler-Toledo International, Inc. $MTD

PineStone Asset Management Inc. cut its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 3.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 323,570 shares of the medical instruments supplier’s stock after selling 10,779 shares during the period. Mettler-Toledo International makes up 2.5% of PineStone Asset Management Inc.’s holdings, making the stock its 13th largest position. PineStone Asset Management Inc.’s holdings in Mettler-Toledo International were worth $397,218,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Apollon Wealth Management LLC boosted its stake in shares of Mettler-Toledo International by 7.2% in the third quarter. Apollon Wealth Management LLC now owns 374 shares of the medical instruments supplier’s stock worth $459,000 after buying an additional 25 shares during the last quarter. CWM LLC increased its holdings in Mettler-Toledo International by 11.3% in the third quarter. CWM LLC now owns 966 shares of the medical instruments supplier’s stock valued at $1,186,000 after buying an additional 98 shares in the last quarter. Pacer Advisors Inc. raised its position in shares of Mettler-Toledo International by 13.6% in the third quarter. Pacer Advisors Inc. now owns 2,452 shares of the medical instruments supplier’s stock worth $3,010,000 after acquiring an additional 294 shares during the period. Inspire Investing LLC grew its position in shares of Mettler-Toledo International by 3.3% during the 3rd quarter. Inspire Investing LLC now owns 2,302 shares of the medical instruments supplier’s stock valued at $2,826,000 after acquiring an additional 73 shares during the period. Finally, Albert D Mason Inc. raised its holdings in Mettler-Toledo International by 4.6% in the 3rd quarter. Albert D Mason Inc. now owns 1,244 shares of the medical instruments supplier’s stock worth $1,527,000 after purchasing an additional 55 shares during the period. Institutional investors and hedge funds own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the stock an “equal weight” rating in a research note on Monday, December 15th. Evercore ISI upped their price target on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mettler-Toledo International in a research note on Monday, December 22nd. JPMorgan Chase & Co. lifted their price target on Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Finally, Bank of America raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 target price on the stock in a research note on Monday, December 15th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of “Hold” and an average price target of $1,441.67.

Mettler-Toledo International Stock Performance

MTD opened at $1,420.36 on Friday. The stock has a market capitalization of $29.02 billion, a PE ratio of 35.42, a P/E/G ratio of 4.59 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. The business’s 50 day moving average price is $1,420.00 and its 200 day moving average price is $1,309.30.

Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS 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%.The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business 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, equities research analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Patrick Kaltenbach sold 2,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $1,462.50, for a total transaction of $2,925,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,670 shares in the company, valued at $5,367,375. This trade represents a 35.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider La Guerroniere Marc De sold 6,055 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $1,488.18, for a total value of $9,010,929.90. Following the transaction, the insider directly owned 187 shares in the company, valued at approximately $278,289.66. The trade was a 97.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,565 shares of company stock valued at $28,683,737 over the last quarter. 1.94% of the stock is owned by corporate insiders.

Mettler-Toledo International Company 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.