HighTower Advisors LLC Sells 2,000 Shares of Mettler-Toledo International, Inc. $MTD

HighTower Advisors LLC lessened its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 5.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 35,089 shares of the medical instruments supplier’s stock after selling 2,000 shares during the period. HighTower Advisors LLC’s holdings in Mettler-Toledo International were worth $48,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised 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 valued at $361,000 after acquiring an additional 7 shares in the last quarter. Allworth Financial LP raised its position in 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 in the last quarter. Valeo Financial Advisors LLC raised its position in Mettler-Toledo International by 4.0% during the third quarter. Valeo Financial Advisors LLC now owns 207 shares of the medical instruments supplier’s stock valued at $254,000 after acquiring an additional 8 shares in the last quarter. Meridian Wealth Management LLC raised its position in Mettler-Toledo International by 1.7% during the third quarter. Meridian Wealth Management LLC now owns 480 shares of the medical instruments supplier’s stock valued at $589,000 after acquiring an additional 8 shares in the last quarter. Finally, Evergreen Capital Management LLC raised its position in Mettler-Toledo International by 4.5% during the fourth quarter. Evergreen Capital Management LLC now owns 184 shares of the medical instruments supplier’s stock valued at $257,000 after acquiring an additional 8 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MTD. Citigroup cut their price objective on shares of 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. Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and raised their price objective for the company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. 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 report on Tuesday, April 14th. Morgan Stanley dropped their price target on shares of Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Finally, Robert W. Baird dropped their price target on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Mettler-Toledo International currently has an average rating of “Moderate Buy” and a consensus target price of $1,408.55.

Mettler-Toledo International Stock Up 0.9%

NYSE:MTD opened at $1,092.32 on Friday. Mettler-Toledo International, Inc. has a 12 month low of $1,023.05 and a 12 month high of $1,525.17. The firm has a market cap of $22.08 billion, a price-to-earnings ratio of 25.62, a P/E/G ratio of 2.26 and a beta of 1.31. The company’s 50 day moving average is $1,229.96 and its 200-day moving average is $1,344.22.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The company had revenue of $947.13 million for the quarter, compared to analyst estimates of $943.14 million. During the same quarter last year, the firm posted $8.19 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. 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. Research analysts predict that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

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.