Vestcor Inc Lowers Stake in Mettler-Toledo International, Inc. $MTD

Vestcor Inc lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 35.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 841 shares of the medical instruments supplier’s stock after selling 466 shares during the period. Vestcor Inc’s holdings in Mettler-Toledo International were worth $1,173,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Elyxium Wealth LLC purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $29,000. Quantbot Technologies LP purchased a new position in shares of Mettler-Toledo International during the 3rd quarter worth approximately $49,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $56,000. State of Wyoming purchased a new position in shares of Mettler-Toledo International during the 2nd quarter worth approximately $58,000. Finally, Kelleher Financial Advisors purchased a new position in shares of Mettler-Toledo International during the 3rd quarter worth approximately $61,000. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

MTD has been the subject of a number of research analyst reports. Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Wolfe Research began coverage on shares of Mettler-Toledo International in a research 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. Citigroup decreased their price target on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Robert W. Baird decreased their price target on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $1,408.55.

Mettler-Toledo International Stock Down 1.3%

Shares of MTD stock opened at $1,139.04 on Tuesday. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17. The stock has a market capitalization of $23.02 billion, a PE ratio of 26.71, a P/E/G ratio of 2.41 and a beta of 1.27. The firm has a 50 day moving average of $1,212.95 and a two-hundred day moving average of $1,320.79.

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

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.