Elevation Point Wealth Partners LLC Purchases Shares of 416 Mettler-Toledo International, Inc. $MTD

Elevation Point Wealth Partners LLC purchased a new position in Mettler-Toledo International, Inc. (NYSE:MTD) in the first quarter, HoldingsChannel.com reports. The firm purchased 416 shares of the medical instruments supplier’s stock, valued at approximately $525,000.

Several other institutional investors have also recently made changes to their positions in the stock. Norges Bank purchased a new stake in shares of Mettler-Toledo International in the fourth quarter worth $520,989,000. M&T Bank Corp lifted its stake 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 valued at $173,165,000 after buying an additional 119,942 shares in the last quarter. Capital International Investors increased its stake in Mettler-Toledo International by 12.7% in the 4th quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock worth $1,351,064,000 after buying an additional 109,508 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Mettler-Toledo International by 10.7% during the third quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock valued at $974,633,000 after acquiring an additional 76,478 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Mettler-Toledo International by 39,107.6% during 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 acquiring an additional 61,399 shares during the period. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Down 3.6%

MTD opened at $1,249.12 on Thursday. The company has a market capitalization of $25.24 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 2.70 and a beta of 1.24. The firm has a 50-day simple moving average of $1,175.86 and a two-hundred day simple moving average of $1,287.00. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last issued its 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. The firm had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $8.19 earnings per share. 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, sell-side analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Analysts Set New Price Targets

MTD has been the subject of a number of recent analyst reports. Wall Street Zen lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Stifel Nicolaus decreased 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 research note on Monday, May 18th. Barclays lowered their price target 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. Robert W. Baird dropped 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 research note on Monday, May 11th. Finally, Wolfe Research assumed coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They set a “peer perform” rating for the company. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International Profile

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.