Mirabella Financial Services LLP lifted its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 160.3% in the third quarter, HoldingsChannel.com reports. The fund owned 2,028 shares of the medical instruments supplier’s stock after acquiring an additional 1,249 shares during the period. Mirabella Financial Services LLP’s holdings in Mettler-Toledo International were worth $2,485,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of MTD. Lido Advisors LLC grew its stake in Mettler-Toledo International by 24.2% in the 3rd quarter. Lido Advisors LLC now owns 400 shares of the medical instruments supplier’s stock valued at $492,000 after purchasing an additional 78 shares during the period. Gotham Asset Management LLC grew its position in Mettler-Toledo International by 56.4% during the third quarter. Gotham Asset Management LLC now owns 862 shares of the medical instruments supplier’s stock valued at $1,058,000 after buying an additional 311 shares during the period. Eventide Asset Management LLC grew its position in Mettler-Toledo International by 1.8% during the third quarter. Eventide Asset Management LLC now owns 49,443 shares of the medical instruments supplier’s stock valued at $60,638,000 after buying an additional 890 shares during the period. Brevan Howard Capital Management LP increased its holdings in Mettler-Toledo International by 23.9% during the third quarter. Brevan Howard Capital Management LP now owns 549 shares of the medical instruments supplier’s stock worth $674,000 after buying an additional 106 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its position in Mettler-Toledo International by 7.6% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,715 shares of the medical instruments supplier’s stock worth $10,664,000 after acquiring an additional 616 shares during the period. 95.07% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Bank of America upgraded 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Mettler-Toledo International in a report on Monday, December 29th. The Goldman Sachs Group started coverage on Mettler-Toledo International in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price objective on the stock. Morgan Stanley decreased their target price on Mettler-Toledo International from $1,550.00 to $1,475.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company boosted their target price on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the company an “equal weight” rating in a research note on Monday, December 15th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,435.42.
Mettler-Toledo International Stock Up 2.4%
NYSE MTD opened at $1,201.33 on Tuesday. The company’s 50 day moving average is $1,373.61 and its 200-day moving average is $1,368.53. 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 $24.42 billion, a P/E ratio of 28.52, a price-to-earnings-growth ratio of 2.46 and a beta of 1.43.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The medical instruments supplier reported $13.36 EPS for the quarter, beating analysts’ consensus estimates of $12.76 by $0.60. Mettler-Toledo International had a net margin of 21.59% and a negative return on equity of 495.07%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the prior year, the company posted $12.41 EPS. Mettler-Toledo International’s revenue was up 8.1% compared to the same quarter last year. 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. Equities analysts expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.
Insider Buying and Selling
In other Mettler-Toledo International news, CFO Shawn Vadala sold 800 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $1,410.12, for a total transaction of $1,128,096.00. Following the sale, the chief financial officer owned 5,288 shares in the company, valued at $7,456,714.56. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.77% of the stock is currently 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.
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