Cibc World Market Inc. Reduces Position in Mettler-Toledo International, Inc. $MTD

Cibc World Market Inc. decreased its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 45.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,854 shares of the medical instruments supplier’s stock after selling 1,565 shares during the quarter. Cibc World Market Inc.’s holdings in Mettler-Toledo International were worth $2,585,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in Mettler-Toledo International by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 294 shares of the medical instruments supplier’s stock worth $361,000 after buying an additional 7 shares in the last quarter. Allworth Financial LP grew its position in shares of Mettler-Toledo International by 6.1% in the third quarter. Allworth Financial LP now owns 121 shares of the medical instruments supplier’s stock valued at $149,000 after purchasing an additional 7 shares during the period. Evergreen Capital Management LLC grew its position in shares of Mettler-Toledo International by 4.5% in the fourth quarter. Evergreen Capital Management LLC now owns 184 shares of the medical instruments supplier’s stock valued at $257,000 after purchasing an additional 8 shares during the period. Meridian Wealth Management LLC grew its position in shares of Mettler-Toledo International by 1.7% in the fourth quarter. Meridian Wealth Management LLC now owns 488 shares of the medical instruments supplier’s stock valued at $680,000 after purchasing an additional 8 shares during the period. Finally, Verdence Capital Advisors LLC grew its position in shares of Mettler-Toledo International by 2.0% in the fourth quarter. Verdence Capital Advisors LLC now owns 458 shares of the medical instruments supplier’s stock valued at $639,000 after purchasing an additional 9 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Analyst Ratings Changes

MTD has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. 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 report on Tuesday, May 12th. Wolfe Research initiated coverage on Mettler-Toledo International in a research report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Finally, Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Mettler-Toledo International currently has a consensus rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Price Performance

Shares of MTD opened at $1,139.04 on Tuesday. The stock’s 50-day moving average is $1,212.95 and its two-hundred day moving average is $1,320.79. The stock has a market cap of $23.02 billion, a PE ratio of 26.71, a P/E/G ratio of 2.41 and a beta of 1.27. Mettler-Toledo International, Inc. has a 12 month low of $1,023.05 and a 12 month high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The company 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 firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter 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. On average, research analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share 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.