Cardinal Point Capital Management ULC Invests $2.27 Million in Mettler-Toledo International, Inc. $MTD

Cardinal Point Capital Management ULC bought a new position in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,845 shares of the medical instruments supplier’s stock, valued at approximately $2,265,000.

Other large investors have also added to or reduced their stakes in the company. Azzad Asset Management Inc. ADV boosted its holdings in shares of Mettler-Toledo International by 4.9% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 3,141 shares of the medical instruments supplier’s stock worth $3,856,000 after purchasing an additional 147 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Mettler-Toledo International by 11.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 245 shares of the medical instruments supplier’s stock worth $292,000 after buying an additional 26 shares during the last quarter. Eukles Asset Management lifted its position in Mettler-Toledo International by 1.2% in the 3rd quarter. Eukles Asset Management now owns 1,346 shares of the medical instruments supplier’s stock worth $1,652,000 after buying an additional 16 shares during the last quarter. Bessemer Group Inc. boosted its stake in Mettler-Toledo International by 9.9% in the third quarter. Bessemer Group Inc. now owns 1,379 shares of the medical instruments supplier’s stock worth $1,694,000 after buying an additional 124 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in Mettler-Toledo International by 102.3% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,750 shares of the medical instruments supplier’s stock valued at $2,148,000 after acquiring an additional 885 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Key Stories Impacting Mettler-Toledo International

Here are the key news stories impacting Mettler-Toledo International this week:

Analyst Upgrades and Downgrades

Several analysts have weighed in on MTD shares. Citigroup boosted their price target on shares of Mettler-Toledo International from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Morgan Stanley started coverage on Mettler-Toledo International in a research note on Tuesday, December 2nd. They set an “equal weight” rating and a $1,550.00 target price on the stock. Barclays reduced their price target on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock in a research report on Monday, December 15th. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Wells Fargo & Company upped their price objective 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. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Mettler-Toledo International currently has a consensus rating of “Hold” and an average price target of $1,441.67.

Check Out Our Latest Research Report on Mettler-Toledo International

Insider Transactions at Mettler-Toledo International

In other news, insider Gerry Keller sold 236 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 159 shares in the company, valued at $225,554.22. This trade represents a 59.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Shawn Vadala sold 1,895 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1,455.52, for a total value of $2,758,210.40. Following the completion of the transaction, the chief financial officer directly owned 5,288 shares in the company, valued at $7,696,789.76. The trade was a 26.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 19,091 shares of company stock valued at $28,004,225 over the last 90 days. 0.77% of the stock is owned by corporate insiders.

Mettler-Toledo International Trading Down 0.5%

MTD stock opened at $1,375.92 on Monday. The stock has a market capitalization of $28.11 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 4.09 and a beta of 1.42. Mettler-Toledo International, Inc. has a 12-month low of $946.69 and a 12-month high of $1,525.17. The stock’s 50 day simple moving average is $1,421.95 and its 200 day simple moving average is $1,360.40.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The medical instruments supplier reported $13.36 EPS for the quarter, topping the consensus estimate of $12.76 by $0.60. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.Mettler-Toledo International’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period 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. On average, research analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current year.

Mettler-Toledo International 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

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

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