Fundsmith Investment Services LTD. Sells 14,050 Shares of Mettler-Toledo International, Inc. $MTD

Fundsmith Investment Services LTD. reduced its position in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 239,736 shares of the medical instruments supplier’s stock after selling 14,050 shares during the quarter. Mettler-Toledo International makes up about 6.1% of Fundsmith Investment Services LTD.’s investment portfolio, making the stock its 10th biggest position. Fundsmith Investment Services LTD.’s holdings in Mettler-Toledo International were worth $334,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Blair William & Co. IL grew its stake in Mettler-Toledo International by 483.7% during the 4th quarter. Blair William & Co. IL now owns 5,218 shares of the medical instruments supplier’s stock worth $7,275,000 after buying an additional 4,324 shares during the last quarter. Aster Capital Management DIFC Ltd grew its stake in Mettler-Toledo International by 267.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,279 shares of the medical instruments supplier’s stock worth $3,177,000 after buying an additional 1,658 shares during the last quarter. Oddo BHF Asset Management Sas grew its stake in Mettler-Toledo International by 56.1% during the 4th quarter. Oddo BHF Asset Management Sas now owns 3,572 shares of the medical instruments supplier’s stock worth $4,980,000 after buying an additional 1,283 shares during the last quarter. Silvant Capital Management LLC grew its stake in Mettler-Toledo International by 26.9% during the 4th quarter. Silvant Capital Management LLC now owns 2,874 shares of the medical instruments supplier’s stock worth $4,007,000 after buying an additional 609 shares during the last quarter. Finally, USS Investment Management Ltd grew its stake in Mettler-Toledo International by 3.4% during the 4th quarter. USS Investment Management Ltd now owns 4,564 shares of the medical instruments supplier’s stock worth $6,365,000 after buying an additional 152 shares during the last quarter. 95.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MTD has been the subject of a number of recent research reports. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Wolfe Research initiated coverage on Mettler-Toledo International in a research note on Tuesday, June 2nd. They set a “peer perform” rating for the company. Morgan Stanley lowered their price objective on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Stifel Nicolaus lowered their price objective on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus price target of $1,408.55.

Get Our Latest Report on MTD

Mettler-Toledo International Stock Performance

NYSE:MTD opened at $1,152.69 on Wednesday. Mettler-Toledo International, Inc. has a 1 year low of $1,023.05 and a 1 year high of $1,525.17. The stock has a market cap of $23.30 billion, a price-to-earnings ratio of 27.03, a PEG ratio of 2.41 and a beta of 1.27. The business has a fifty day moving average of $1,199.54 and a 200-day moving average of $1,307.79.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The company had revenue of $947.13 million during the quarter, compared to analysts’ expectations of $943.14 million. During the same quarter in the prior year, the business posted $8.19 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts predict that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

About Mettler-Toledo International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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