Allstate Corp Purchases New Holdings in Mettler-Toledo International, Inc. $MTD

Allstate Corp purchased a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 729 shares of the medical instruments supplier’s stock, valued at approximately $895,000.

Other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Mettler-Toledo International by 83.3% during the 1st 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 period. Wealth Enhancement Advisory Services LLC raised its position in Mettler-Toledo International by 13.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,490 shares of the medical instruments supplier’s stock worth $3,011,000 after acquiring an additional 288 shares during the period. CX Institutional boosted its stake in Mettler-Toledo International by 18.2% in the second quarter. CX Institutional now owns 175 shares of the medical instruments supplier’s stock valued at $206,000 after acquiring an additional 27 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Mettler-Toledo International by 53.5% during the 2nd quarter. GAMMA Investing LLC now owns 502 shares of the medical instruments supplier’s stock valued at $590,000 after acquiring an additional 175 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Mettler-Toledo International by 9.0% during the 2nd quarter. Fifth Third Bancorp now owns 888 shares of the medical instruments supplier’s stock worth $1,043,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Up 2.9%

Mettler-Toledo International stock opened at $1,444.47 on Thursday. The stock has a market cap of $29.51 billion, a price-to-earnings ratio of 36.02, a PEG ratio of 4.17 and a beta of 1.41. The business has a 50-day simple moving average of $1,432.38 and a 200 day simple moving average of $1,343.27. Mettler-Toledo International, Inc. has a 52 week low of $946.69 and a 52 week high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share for the quarter, beating the consensus estimate of $10.62 by $0.53. Mettler-Toledo International had a negative return on equity of 426.96% and a net margin of 21.20%.The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $997.36 million. During the same quarter last year, the firm posted $10.21 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. 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. On average, research analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Insider Buying and Selling at Mettler-Toledo International

In other Mettler-Toledo International news, CFO Shawn Vadala sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $1,511.00, for a total value of $1,511,000.00. Following the completion of the transaction, the chief financial officer owned 5,288 shares of the company’s stock, valued at $7,990,168. The trade was a 15.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Patrick Kaltenbach sold 2,000 shares of the 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. The trade was a 35.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 19,565 shares of company stock valued at $28,683,737 over the last quarter. Company insiders own 1.94% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on MTD shares. Citigroup upped their price objective 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. Bank of America upgraded 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. Stifel Nicolaus increased their price target on 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. Evercore ISI lifted their price objective on Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Finally, Wall Street Zen upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Monday. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,441.67.

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.