Mettler-Toledo International, Inc. $MTD Shares Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 27.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,385 shares of the medical instruments supplier’s stock after selling 525 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Mettler-Toledo International were worth $1,747,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MTD. Allworth Financial LP boosted its holdings in shares of Mettler-Toledo International by 6.1% during the third quarter. Allworth Financial LP now owns 121 shares of the medical instruments supplier’s stock valued at $149,000 after acquiring an additional 7 shares during the period. Evergreen Capital Management LLC increased its holdings in shares of Mettler-Toledo International by 4.5% in the 4th quarter. Evergreen Capital Management LLC now owns 184 shares of the medical instruments supplier’s stock worth $257,000 after acquiring an additional 8 shares during the period. Meridian Wealth Management LLC increased its holdings in shares of Mettler-Toledo International by 1.7% in the 4th quarter. Meridian Wealth Management LLC now owns 488 shares of the medical instruments supplier’s stock worth $680,000 after acquiring an additional 8 shares during the period. EverSource Wealth Advisors LLC lifted its position in Mettler-Toledo International by 2.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 302 shares of the medical instruments supplier’s stock valued at $421,000 after purchasing an additional 8 shares during the last quarter. Finally, Values First Advisors Inc. boosted its stake in Mettler-Toledo International by 1.3% during the 1st quarter. Values First Advisors Inc. now owns 625 shares of the medical instruments supplier’s stock valued at $789,000 after purchasing an additional 8 shares during the period. 95.07% of the stock is owned by institutional investors and hedge funds.

Mettler-Toledo International Stock Performance

MTD opened at $1,296.53 on Monday. The company has a market capitalization of $26.20 billion, a PE ratio of 30.41, a P/E/G ratio of 2.70 and a beta of 1.24. The stock’s fifty day moving average is $1,177.49 and its 200-day moving average is $1,285.37. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,525.17.

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 the consensus estimate of $8.70 by $0.21. The business had revenue of $947.13 million during 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 company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business 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, equities research analysts forecast that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on MTD. Barclays dropped their price target on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. JPMorgan Chase & Co. lowered their target price on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Robert W. Baird cut their target price on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Stifel Nicolaus reduced their price target 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. Finally, Wolfe Research initiated coverage on Mettler-Toledo International in a report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Company 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.