Mettler toledo director Kelly sells $1.23 million in stock

Published 30/05/2025, 13:54
Mettler toledo director Kelly sells $1.23 million in stock

Kelly Michael A, a director at Mettler Toledo International Inc. (NYSE:MTD), recently sold a significant amount of the company’s stock. On May 28, 2025, Kelly sold 1,062 shares at approximately $1,159.93 each, totaling $1,231,845. This transaction reduced his direct ownership to 120 shares. The sale occurred with MTD trading at a P/E ratio of 29.13, near its 52-week range of $946-$1,547. According to InvestingPro data, the company maintains a "GOOD" financial health score, with management actively pursuing share buybacks.

Prior to this sale, Kelly also exercised stock options to acquire 1,062 shares at a price of $312.36 per share, with a total value of $331,726. Following these transactions, Kelly holds additional shares indirectly through a living trust, where he and his spouse serve as sole trustees and beneficiaries. With a market capitalization of $24.4 billion and analyst targets ranging from $1,110 to $1,450, investors can access deeper insights and 9 additional ProTips through InvestingPro’s comprehensive research report.

In other recent news, Mettler-Toledo International Inc . reported its first-quarter 2025 earnings, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $8.19, compared to the forecasted $7.88. The company’s revenue reached $884 million, slightly above the anticipated $876.5 million, reflecting a robust performance despite a challenging economic environment. Stifel analysts maintained a Buy rating on Mettler-Toledo, with a price target of $1,450, highlighting the company’s strong first-quarter performance and improved margins. Jefferies analyst Brandon Couillard upgraded Mettler-Toledo from Underperform to Hold, adjusting the price target to $1,110, citing a more favorable valuation due to a decrease in the price-to-earnings ratio.

Additionally, Mettler-Toledo announced changes to its executive compensation plan, introducing a bifurcated grant structure for long-term incentive awards to enhance retention and motivation. The company’s management has factored in current tariffs into its guidance, with expectations of 6-8% growth in earnings per share for the fiscal year 2025, excluding tariffs and shipping delays. Despite challenges from global trade disputes and tariff impacts, Mettler-Toledo demonstrated resilience, with strong growth in its Process Analytics and Product Inspection segments. The company’s strategic focus on innovation and service expansion contributed to its solid performance.

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