Illinois Municipal Retirement Fund Grows Stock Position in Mettler-Toledo International, Inc. $MTD

Illinois Municipal Retirement Fund increased its stake in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 21.6% in the third quarter, HoldingsChannel reports. The fund owned 7,854 shares of the medical instruments supplier’s stock after purchasing an additional 1,393 shares during the period. Illinois Municipal Retirement Fund’s holdings in Mettler-Toledo International were worth $9,642,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Principal Financial Group Inc. increased its position in shares of Mettler-Toledo International by 2.9% in the third quarter. Principal Financial Group Inc. now owns 298,429 shares of the medical instruments supplier’s stock valued at $366,354,000 after acquiring an additional 8,360 shares during the period. Corient Private Wealth LLC grew its stake in shares of Mettler-Toledo International by 91.8% in the second quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock worth $164,775,000 after purchasing an additional 67,149 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in Mettler-Toledo International during the 3rd quarter valued at about $2,210,000. Stance Capital LLC bought a new position in Mettler-Toledo International during the 2nd quarter valued at approximately $2,012,000. Finally, Rakuten Investment Management Inc. purchased a new stake in Mettler-Toledo International in the 3rd quarter worth approximately $121,021,000. 95.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MTD. Citigroup boosted their target price on Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Wells Fargo & Company raised 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 research report on Monday, December 15th. 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. Finally, Stifel Nicolaus increased their price target on shares of 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. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $1,435.42.

Check Out Our Latest Analysis on MTD

Insider Transactions at Mettler-Toledo International

In other news, insider Gerry Keller sold 236 shares of Mettler-Toledo International stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $1,418.58, for a total value of $334,784.88. Following the completion of the transaction, the insider owned 159 shares of the company’s stock, valued at $225,554.22. The trade was a 59.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shawn Vadala sold 1,025 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $1,452.00, for a total transaction of $1,488,300.00. Following the sale, the chief financial officer directly owned 5,288 shares in the company, valued at $7,678,176. This trade represents a 16.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 9,116 shares of company stock valued at $13,473,111 in the last quarter. 1.94% of the stock is owned by insiders.

Mettler-Toledo International Stock Performance

MTD stock opened at $1,356.67 on Friday. The firm has a 50 day moving average price of $1,417.04 and a 200-day moving average price of $1,362.37. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,525.17. The firm has a market capitalization of $27.58 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 2.92 and a beta of 1.42.

Mettler-Toledo International (NYSE:MTDGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The medical instruments supplier reported $13.36 earnings per share for the quarter, beating analysts’ consensus estimates of $12.76 by $0.60. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $12.41 EPS. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. As a group, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Mettler-Toledo International Company Profile

(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.

See Also

Want to see what other hedge funds are holding MTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mettler-Toledo International, Inc. (NYSE:MTDFree Report).

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

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