Geode Capital Management LLC Boosts Position in Mettler-Toledo International, Inc. $MTD

Geode Capital Management LLC lifted its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 597,448 shares of the medical instruments supplier’s stock after acquiring an additional 14,106 shares during the period. Geode Capital Management LLC owned 2.92% of Mettler-Toledo International worth $830,879,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. M&T Bank Corp increased its holdings in shares of Mettler-Toledo International by 2,813.6% during the 4th quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock worth $173,165,000 after buying an additional 119,942 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Mettler-Toledo International by 10.7% during the 3rd quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock worth $974,633,000 after buying an additional 76,478 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Mettler-Toledo International by 752.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock worth $90,335,000 after buying an additional 64,951 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Mettler-Toledo International by 39,107.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock worth $85,821,000 after buying an additional 61,399 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Mettler-Toledo International by 56.8% during the 3rd quarter. Bank of America Corp DE now owns 128,116 shares of the medical instruments supplier’s stock worth $157,276,000 after buying an additional 46,402 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Performance

Shares of MTD stock opened at $1,181.99 on Friday. The firm has a market cap of $23.89 billion, a P/E ratio of 27.72, a P/E/G ratio of 2.43 and a beta of 1.31. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,525.17. The firm’s 50 day moving average price is $1,221.65 and its 200-day moving average price is $1,332.06.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.70 by $0.21. The firm had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.19 EPS. Mettler-Toledo International has set its FY 2026 guidance at 46.300-46.950 EPS and its Q2 2026 guidance at 10.700-10.850 EPS. As a group, research analysts predict that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MTD has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Robert W. Baird lowered their price target on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Stifel Nicolaus lowered their price target on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a report on Monday, May 18th. Citigroup lowered their price target on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their price target for the stock from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Mettler-Toledo International has an average rating of “Moderate Buy” and an average price target of $1,408.55.

About Mettler-Toledo International

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.