California Public Employees Retirement System Trims Stake in Mettler-Toledo International, Inc. $MTD

California Public Employees Retirement System cut its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 3.5% in the first quarter, Holdings Channel reports. The firm owned 35,728 shares of the medical instruments supplier’s stock after selling 1,311 shares during the period. California Public Employees Retirement System’s holdings in Mettler-Toledo International were worth $45,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in MTD. Reflection Asset Management purchased a new stake in Mettler-Toledo International in the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC purchased a new position in shares of Mettler-Toledo International during the first quarter worth approximately $25,000. Elyxium Wealth LLC purchased a new position in shares of Mettler-Toledo International during the fourth quarter worth approximately $29,000. DV Equities LLC acquired a new position in shares of Mettler-Toledo International in the 4th quarter valued at $40,000. Finally, Root Financial Partners LLC increased its holdings in shares of Mettler-Toledo International by 45.5% in the 1st quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock valued at $40,000 after acquiring an additional 10 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Performance

Shares of MTD opened at $1,273.89 on Tuesday. The stock has a market capitalization of $25.75 billion, a P/E ratio of 29.88, a P/E/G ratio of 2.74 and a beta of 1.24. Mettler-Toledo International, Inc. has a 1 year low of $1,023.05 and a 1 year high of $1,525.17. The company’s fifty day moving average is $1,185.87 and its two-hundred day moving average is $1,280.78.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, topping 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 business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $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. Sell-side analysts predict that Mettler-Toledo International, Inc. will post 46.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MTD. Barclays decreased their price target on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Robert W. Baird dropped their price objective 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 note on Monday, May 11th. Stifel Nicolaus reduced their target price on shares of 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. Citigroup decreased their target price 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 note on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a report on Tuesday, July 7th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target 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.