Tredje AP fonden Boosts Stake in Mettler-Toledo International, Inc. $MTD

Tredje AP fonden grew its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,115 shares of the medical instruments supplier’s stock after purchasing an additional 708 shares during the period. Tredje AP fonden’s holdings in Mettler-Toledo International were worth $4,343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. M&T Bank Corp lifted its position in Mettler-Toledo International by 2,813.6% during the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after buying an additional 119,942 shares during the period. Rakuten Investment Management Inc. purchased a new position in Mettler-Toledo International in the third quarter worth about $121,021,000. Alliancebernstein L.P. grew its holdings 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 buying an additional 76,478 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Mettler-Toledo International by 752.2% during the third quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after purchasing an additional 64,951 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Mettler-Toledo International by 39,107.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock worth $85,821,000 after purchasing an additional 61,399 shares during the last quarter. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Trading Down 2.1%

Shares of Mettler-Toledo International stock opened at $1,051.97 on Wednesday. The firm has a market cap of $21.26 billion, a PE ratio of 24.67, a PEG ratio of 2.24 and a beta of 1.31. Mettler-Toledo International, Inc. has a 12 month low of $1,023.05 and a 12 month high of $1,525.17. The stock has a 50 day moving average of $1,236.10 and a 200 day moving average of $1,348.57.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The company had revenue of $947.13 million for the quarter, compared to analyst estimates 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 for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior 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. As a group, equities research analysts forecast that Mettler-Toledo International, Inc. will post 46.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MTD shares. Stifel Nicolaus cut 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 research report on Monday. Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price target for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Morgan Stanley cut 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 report on Tuesday, May 12th. JPMorgan Chase & Co. lowered their target price on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Wall Street Zen lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,408.55.

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.