Assetmark Inc. Buys 138 Shares of Mettler-Toledo International, Inc. $MTD

Assetmark Inc. increased its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 25.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 691 shares of the medical instruments supplier’s stock after purchasing an additional 138 shares during the period. Assetmark Inc.’s holdings in Mettler-Toledo International were worth $812,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. WPG Advisers LLC purchased a new stake in Mettler-Toledo International during the 1st quarter valued at $41,000. Zions Bancorporation National Association UT bought a new stake in shares of Mettler-Toledo International in the first quarter worth $43,000. Sound Income Strategies LLC increased its position in Mettler-Toledo International by 477.8% during the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock valued at $61,000 after acquiring an additional 43 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Mettler-Toledo International in the second quarter valued at about $63,000. Finally, Geneos Wealth Management Inc. boosted its position in Mettler-Toledo International by 83.3% in the first quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock worth $78,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 95.07% of the company’s stock.

Insider Activity

In related news, CFO Shawn Vadala sold 300 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $1,325.00, for a total transaction of $397,500.00. Following the completion of the transaction, the chief financial officer directly owned 5,095 shares of the company’s stock, valued at approximately $6,750,875. This represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gerry Keller sold 165 shares of Mettler-Toledo International stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $1,308.64, for a total value of $215,925.60. Following the completion of the sale, the insider directly owned 94 shares in the company, valued at approximately $123,012.16. The trade was a 63.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,527 shares of company stock worth $1,994,981 over the last 90 days. Corporate insiders own 0.77% of the company’s stock.

Mettler-Toledo International Stock Up 0.2%

NYSE MTD opened at $1,442.42 on Friday. Mettler-Toledo International, Inc. has a twelve month low of $946.69 and a twelve month high of $1,454.68. The business has a 50-day moving average price of $1,317.78 and a 200-day moving average price of $1,231.98. The firm has a market cap of $29.71 billion, a price-to-earnings ratio of 36.53, a price-to-earnings-growth ratio of 4.19 and a beta of 1.41.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 EPS for the quarter, topping the consensus estimate of $10.62 by $0.53. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $997.36 million. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $10.21 earnings per share. Mettler-Toledo International has set its Q4 2025 guidance at 12.680-12.880 EPS. FY 2025 guidance at 42.050-42.250 EPS. Research analysts expect that Mettler-Toledo International, Inc. will post 42.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Bank of America upped their price target on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Robert W. Baird increased their price target on shares of Mettler-Toledo International from $1,210.00 to $1,230.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Evercore ISI boosted their price objective on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. upped their price objective 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, Citigroup lifted their target price on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1,336.50.

Mettler-Toledo International Profile

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.