National Pension Service increased its stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,720 shares of the medical instruments supplier’s stock after acquiring an additional 1,201 shares during the period. National Pension Service owned approximately 0.20% of Mettler-Toledo International worth $56,771,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the stock. M&T Bank Corp increased its holdings in Mettler-Toledo International by 2,813.6% in the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after buying an additional 119,942 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Mettler-Toledo International by 10.7% in the third quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock valued at $974,633,000 after buying an additional 76,478 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Mettler-Toledo International by 752.2% in the third quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after buying an additional 64,951 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Mettler-Toledo International by 39,107.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock valued at $85,821,000 after buying an additional 61,399 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Mettler-Toledo International by 56.8% in the third quarter. Bank of America Corp DE now owns 128,116 shares of the medical instruments supplier’s stock valued at $157,276,000 after buying an additional 46,402 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
MTD has been the topic of several recent analyst reports. Barclays dropped their target price on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their target price for the company from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Stifel Nicolaus dropped their target price on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Robert W. Baird dropped their target price on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Morgan Stanley dropped their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,408.55.
Mettler-Toledo International Stock Performance
Shares of MTD opened at $1,181.99 on Friday. Mettler-Toledo International, Inc. has a fifty-two week low of $1,023.05 and a fifty-two week high of $1,525.17. The company has a market capitalization of $23.89 billion, a price-to-earnings ratio of 27.72, a price-to-earnings-growth ratio of 2.46 and a beta of 1.31. The firm has a 50-day simple moving average of $1,221.65 and a 200-day simple moving average of $1,332.06.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last announced its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, topping the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The business had revenue of $947.13 million during the quarter, compared to the consensus estimate of $943.14 million. During the same quarter in the prior year, the firm earned $8.19 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. 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. Equities research analysts forecast that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.
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.
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