Principal Financial Group Inc. Buys 8,360 Shares of Mettler-Toledo International, Inc. $MTD

Principal Financial Group Inc. boosted its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,429 shares of the medical instruments supplier’s stock after purchasing an additional 8,360 shares during the period. Principal Financial Group Inc. owned approximately 1.45% of Mettler-Toledo International worth $366,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MTD. Geneos Wealth Management Inc. grew its position 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 valued at $78,000 after acquiring an additional 30 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Mettler-Toledo International by 7.7% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,680 shares of the medical instruments supplier’s stock valued at $3,148,000 after purchasing an additional 192 shares during the period. Impact Investors Inc grew its holdings in Mettler-Toledo International by 11.0% during the second quarter. Impact Investors Inc now owns 313 shares of the medical instruments supplier’s stock valued at $368,000 after purchasing an additional 31 shares during the period. Valeo Financial Advisors LLC purchased a new stake in Mettler-Toledo International in the second quarter worth about $234,000. Finally, Slow Capital Inc. raised its stake in shares of Mettler-Toledo International by 5.4% in the second quarter. Slow Capital Inc. now owns 4,469 shares of the medical instruments supplier’s stock worth $5,249,000 after buying an additional 229 shares during the period. 95.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

MTD has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Evercore ISI lifted their target price on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Wells Fargo & Company upped 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 report on Monday, December 15th. Stifel Nicolaus raised their price target on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a report on Monday, November 10th. Finally, The Goldman Sachs Group assumed coverage on Mettler-Toledo International in a research report on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,441.67.

Insiders Place Their Bets

In other Mettler-Toledo International news, CEO Patrick Kaltenbach sold 2,000 shares of Mettler-Toledo International stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $1,462.50, for a total value of $2,925,000.00. Following the transaction, the chief executive officer directly owned 3,670 shares of the company’s stock, valued at approximately $5,367,375. The trade was a 35.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Elisha W. Finney sold 474 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $1,433.57, for a total value of $679,512.18. Following the sale, the director owned 311 shares in the company, valued at $445,840.27. The trade was a 60.38% 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 in the last three months. 1.94% of the stock is currently owned by insiders.

Mettler-Toledo International Stock Down 1.6%

Shares of MTD opened at $1,370.92 on Friday. The business has a fifty day moving average of $1,432.30 and a 200 day moving average of $1,353.19. The company has a market cap of $28.01 billion, a PE ratio of 34.19, a P/E/G ratio of 4.14 and a beta of 1.41. 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 announced its earnings results on Thursday, November 6th. The medical instruments supplier reported $11.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.62 by $0.53. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. 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, research analysts anticipate that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

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.