Azzad Asset Management Inc. ADV Buys 980 Shares of Mettler-Toledo International, Inc. $MTD

Azzad Asset Management Inc. ADV boosted its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 31.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,122 shares of the medical instruments supplier’s stock after acquiring an additional 980 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Mettler-Toledo International were worth $5,199,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MTD. Reflection Asset Management purchased a new stake in Mettler-Toledo International in the 4th quarter worth $26,000. Elyxium Wealth LLC purchased a new position in shares of Mettler-Toledo International during the fourth quarter valued at about $29,000. Root Financial Partners LLC increased its holdings in shares of Mettler-Toledo International by 45.5% in the first quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock worth $40,000 after purchasing an additional 10 shares during the last quarter. DV Equities LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter worth about $40,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Mettler-Toledo International in the third quarter worth about $49,000. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Price Performance

Shares of NYSE MTD opened at $1,288.72 on Friday. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17. The business’s 50 day moving average is $1,176.37 and its two-hundred day moving average is $1,286.20. The stock has a market capitalization of $26.05 billion, a P/E ratio of 30.22, a PEG ratio of 2.60 and a beta of 1.24.

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 business had revenue of $947.13 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the company 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, equities research analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on MTD shares. Citigroup dropped 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 research note on Friday, May 8th. Stifel Nicolaus reduced their price objective 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. Wolfe Research started coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Wall Street Zen cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price target for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus 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.