Pacer Advisors Inc. Trims Position in Mettler-Toledo International, Inc. $MTD

Pacer Advisors Inc. lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 30.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,705 shares of the medical instruments supplier’s stock after selling 747 shares during the period. Pacer Advisors Inc.’s holdings in Mettler-Toledo International were worth $2,377,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position in Mettler-Toledo International by 83.3% during the first quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock valued at $78,000 after buying an additional 30 shares during the period. Baird Financial Group Inc. grew its position in shares of Mettler-Toledo International by 3.1% in the 2nd quarter. Baird Financial Group Inc. now owns 1,347 shares of the medical instruments supplier’s stock worth $1,582,000 after buying an additional 40 shares during the period. Jump Financial LLC increased its stake in shares of Mettler-Toledo International by 44.6% in the 2nd quarter. Jump Financial LLC now owns 405 shares of the medical instruments supplier’s stock worth $476,000 after acquiring an additional 125 shares in the last quarter. Cerity Partners LLC increased its stake in shares of Mettler-Toledo International by 10.8% in the 2nd quarter. Cerity Partners LLC now owns 4,035 shares of the medical instruments supplier’s stock worth $4,740,000 after acquiring an additional 392 shares in the last quarter. Finally, AXA S.A. lifted its position in Mettler-Toledo International by 2.9% during the 2nd quarter. AXA S.A. now owns 4,625 shares of the medical instruments supplier’s stock valued at $5,433,000 after acquiring an additional 131 shares during the period. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Trading Down 0.7%

Shares of MTD opened at $1,155.62 on Wednesday. The company has a market cap of $23.36 billion, a price-to-earnings ratio of 27.10, a P/E/G ratio of 2.43 and a beta of 1.27. The business’s fifty day simple moving average is $1,184.09 and its two-hundred day simple moving average is $1,296.70. Mettler-Toledo International, Inc. has a 12 month low of $1,023.05 and a 12 month high of $1,525.17.

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

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. JPMorgan Chase & Co. lowered their price objective on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Stifel Nicolaus cut their target price on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, Citigroup lowered their price target on 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. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Mettler-Toledo International presently has an average rating of “Hold” and a consensus target price 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.