Voya Investment Management LLC Acquires 34,681 Shares of Mettler-Toledo International, Inc. $MTD

Voya Investment Management LLC boosted its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 74.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 81,094 shares of the medical instruments supplier’s stock after buying an additional 34,681 shares during the quarter. Voya Investment Management LLC owned 0.39% of Mettler-Toledo International worth $95,764,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC purchased a new position in Mettler-Toledo International during the 1st quarter worth approximately $41,000. Zions Bancorporation National Association UT purchased a new position in Mettler-Toledo International during the 1st quarter worth approximately $43,000. Golden State Wealth Management LLC raised its position in Mettler-Toledo International by 583.3% during the 1st quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier’s stock worth $48,000 after buying an additional 35 shares during the last quarter. Menard Financial Group LLC purchased a new position in Mettler-Toledo International during the 4th quarter worth approximately $67,000. Finally, Blue Trust Inc. raised its position in Mettler-Toledo International by 520.0% during the 1st quarter. Blue Trust Inc. now owns 62 shares of the medical instruments supplier’s stock worth $73,000 after buying an additional 52 shares during the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Mettler-Toledo International news, insider Gerry Keller sold 165 shares of Mettler-Toledo International stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the sale, the insider owned 94 shares of the company’s stock, valued at $123,012.16. The trade was a 63.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Shawn Vadala sold 300 shares of Mettler-Toledo International stock in a transaction 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 sale, the chief financial officer directly owned 5,095 shares in the company, valued at approximately $6,750,875. This trade represents a 5.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,827 shares of company stock valued at $2,371,208 in the last 90 days. 1.94% of the stock is owned by insiders.

Mettler-Toledo International Stock Performance

Mettler-Toledo International stock opened at $1,258.06 on Friday. The company’s fifty day moving average price is $1,258.94 and its 200 day moving average price is $1,186.04. Mettler-Toledo International, Inc. has a 1 year low of $946.69 and a 1 year high of $1,521.01. The stock has a market capitalization of $25.92 billion, a P/E ratio of 31.86, a P/E/G ratio of 3.85 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.58 by $0.51. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The firm had revenue of $983.22 million for the quarter, compared to analysts’ expectations of $957.41 million. During the same quarter last year, the company earned $9.65 EPS. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. Sell-side analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on MTD shares. Robert W. Baird raised 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. UBS Group raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and cut their target price for the company from $1,530.00 to $1,350.00 in a report on Tuesday, May 20th. Citigroup lifted their target price on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Barclays assumed coverage on shares of Mettler-Toledo International in a report on Tuesday, June 24th. They set an “overweight” rating and a $1,325.00 target price for the company. Finally, Bank of America lifted their target price on shares of Mettler-Toledo International from $1,200.00 to $1,260.00 and gave the company a “neutral” rating in a report on Thursday, June 26th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Mettler-Toledo International currently has an average rating of “Moderate Buy” and an average price target of $1,311.11.

Mettler-Toledo International Company 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.