Mettler-Toledo International (MTD)

• Market cap: $26.9B
• 1 day: -1.27%
• 5 days: -1.20%
• 1 month: -2.86%
• 3 months: 7.50%
• 6 months: -10.15%
• Year to date: 5.39%
• 1 year: 7.76%
• 5 years: 69.23%
• 10 years: 311.73%
• Sector: Industrials
• Industry: Laboratory Analytical Instruments

About: Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences (around 55% of sales), industrial (around 40%), and food retail (around 5%) industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with the Americas accounting for about 37% of sales, Europe about 28%, China about 16% and the rest of the world about 19%.

Employees: 17,300

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

192% more call options, than puts

Call options by funds: $72.8M | Put options by funds: $24.9M

37% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 68

2.11% more ownership

Funds ownership: 91.09% [Q3] → 93.21% (+2.11%) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 284 | Existing positions reduced: 261

1% more funds holding

Funds holding: 776 [Q3] → 780 (+4) [Q4]

16% less capital invested

Capital invested by funds: $29B [Q3] → $24.4B (-$4.6B) [Q4]

80% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 1 (-4) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1,300 1% upside
• Avg. target: $1,386 8% upside
• High target: $1,475 15% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Evercore ISI Group Vijay Kumar 53% 1-year accuracy 25 / 47 met price target	15% upside $1,475	Outperform Maintained	10 Feb 2025
Wells Fargo Brandon Couillard 14% 1-year accuracy 3 / 22 met price target	9% upside $1,400	Equal-Weight Maintained	10 Feb 2025
Baird Catherine Schulte 10% 1-year accuracy 2 / 20 met price target	6% upside $1,369	Neutral Maintained	10 Feb 2025
Citigroup Patrick Donnelly 33% 1-year accuracy 10 / 30 met price target	1% upside $1,300	Neutral Upgraded	11 Dec 2024