First Trust Advisors LP Sells 23,908 Shares of Mettler-Toledo International, Inc. $MTD

First Trust Advisors LP trimmed its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 63.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 14,060 shares of the medical instruments supplier’s stock after selling 23,908 shares during the quarter. First Trust Advisors LP’s holdings in Mettler-Toledo International were worth $17,733,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MTD. PNC Financial Services Group Inc. lifted its stake in shares of Mettler-Toledo International by 10.2% in the first quarter. PNC Financial Services Group Inc. now owns 4,806 shares of the medical instruments supplier’s stock worth $6,061,000 after buying an additional 444 shares in the last quarter. Glenview Trust Co raised its holdings in Mettler-Toledo International by 1.9% in the 1st quarter. Glenview Trust Co now owns 790 shares of the medical instruments supplier’s stock worth $996,000 after acquiring an additional 15 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in Mettler-Toledo International by 4,216.7% in the 1st quarter. Meeder Asset Management Inc. now owns 259 shares of the medical instruments supplier’s stock worth $327,000 after acquiring an additional 253 shares during the last quarter. Meeder Advisory Services Inc. lifted its position in Mettler-Toledo International by 33.4% in the 1st quarter. Meeder Advisory Services Inc. now owns 387 shares of the medical instruments supplier’s stock valued at $488,000 after acquiring an additional 97 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Mettler-Toledo International by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 106,023 shares of the medical instruments supplier’s stock valued at $133,712,000 after acquiring an additional 4,340 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on MTD. Wolfe Research initiated coverage on Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Citigroup dropped their price objective on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Morgan Stanley reduced 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 report on Tuesday, May 12th. Finally, Stifel Nicolaus decreased their target price on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Trading Up 0.2%

Shares of MTD stock opened at $1,391.38 on Thursday. Mettler-Toledo International, Inc. has a 12-month low of $1,023.05 and a 12-month high of $1,525.17. The stock has a market capitalization of $28.12 billion, a P/E ratio of 32.63, a P/E/G ratio of 2.90 and a beta of 1.24. The firm’s 50 day moving average is $1,225.29 and its 200 day moving average is $1,275.79.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 21.40% and a negative return on equity of 622.80%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business 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 analysts predict that Mettler-Toledo International, Inc. will post 46.63 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.