Jupiter Asset Management Ltd. trimmed its position in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 15.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,597 shares of the medical instruments supplier’s stock after selling 6,205 shares during the period. Jupiter Asset Management Ltd.’s holdings in Mettler-Toledo International were worth $48,235,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also made changes to their positions in MTD. Huntington National Bank boosted its position in shares of Mettler-Toledo International by 38.9% in the 4th quarter. Huntington National Bank now owns 125 shares of the medical instruments supplier’s stock worth $174,000 after purchasing an additional 35 shares in the last quarter. Geode Capital Management LLC raised its stake in Mettler-Toledo International by 2.4% in 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 last quarter. Employees Retirement System of Texas boosted its holdings in Mettler-Toledo International by 1.0% in the fourth quarter. Employees Retirement System of Texas now owns 5,119 shares of the medical instruments supplier’s stock worth $7,137,000 after acquiring an additional 49 shares in the last quarter. Roundview Capital LLC grew its stake in shares of Mettler-Toledo International by 9.4% during the fourth quarter. Roundview Capital LLC now owns 1,327 shares of the medical instruments supplier’s stock worth $1,850,000 after acquiring an additional 114 shares during the last quarter. Finally, Integrity Alliance LLC. purchased a new stake in shares of Mettler-Toledo International during the fourth quarter worth about $418,000. 95.07% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
MTD has been the subject of several 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 company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. JPMorgan Chase & Co. cut their price target on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. 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 report on Friday, May 8th. Morgan Stanley lowered their price objective on shares of Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Barclays cut their target price on 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. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,408.55.
Mettler-Toledo International Stock Up 6.6%
Shares of NYSE MTD opened at $1,166.05 on Friday. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17. The business’s 50 day moving average price is $1,221.84 and its 200 day moving average price is $1,333.12. The firm has a market cap of $23.57 billion, a P/E ratio of 27.35, a P/E/G ratio of 2.28 and a beta of 1.31.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted 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. 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 during the quarter, compared to analyst estimates of $943.14 million. During the same period last year, the firm posted $8.19 EPS. Mettler-Toledo International’s revenue for the quarter 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. As a group, research analysts expect that Mettler-Toledo International, Inc. will post 46.6 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.
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