New York State Teachers Retirement System Sells 429 Shares of Mettler-Toledo International, Inc. $MTD

New York State Teachers Retirement System cut its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 2.6% in the first quarter, Holdings Channel reports. The fund owned 15,770 shares of the medical instruments supplier’s stock after selling 429 shares during the quarter. New York State Teachers Retirement System’s holdings in Mettler-Toledo International were worth $19,889,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MTD. Capital International Investors lifted its position in shares of Mettler-Toledo International by 12.7% in the 4th quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock worth $1,351,064,000 after purchasing an additional 109,508 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Mettler-Toledo International by 10.7% during the third quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock valued at $974,633,000 after purchasing an additional 76,478 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Mettler-Toledo International by 0.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock valued at $964,174,000 after buying an additional 3,157 shares during the period. Geode Capital Management LLC increased its holdings in Mettler-Toledo International by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock valued at $830,879,000 after buying an additional 14,106 shares during the period. Finally, Norges Bank bought a new position in Mettler-Toledo International in the fourth quarter worth approximately $520,989,000. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Trading Down 0.0%

NYSE MTD opened at $1,307.91 on Friday. The firm’s fifty day simple moving average is $1,175.53 and its two-hundred day simple moving average is $1,290.11. 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 capitalization of $26.43 billion, a P/E ratio of 30.67, a P/E/G ratio of 2.73 and a beta of 1.24.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The business had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior 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. As a group, sell-side analysts predict that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MTD has been the subject of a number of analyst reports. Stifel Nicolaus lowered 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 report on Monday, May 18th. Barclays reduced their price target on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Robert W. Baird dropped their price objective on 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. Wall Street Zen lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus target price of $1,408.55.

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.