Handelsbanken Fonder AB Buys 535 Shares of Mettler-Toledo International, Inc. $MTD

Handelsbanken Fonder AB raised its holdings in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,284 shares of the medical instruments supplier’s stock after purchasing an additional 535 shares during the quarter. Handelsbanken Fonder AB owned 0.07% of Mettler-Toledo International worth $19,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MTD. Vanguard Group Inc. lifted its holdings in Mettler-Toledo International by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 2,591,173 shares of the medical instruments supplier’s stock worth $3,180,950,000 after purchasing an additional 34,466 shares in the last quarter. Capital International Investors grew its position in Mettler-Toledo International by 1.2% during the 3rd quarter. Capital International Investors now owns 859,559 shares of the medical instruments supplier’s stock worth $1,055,203,000 after acquiring an additional 10,395 shares during the last quarter. Alliancebernstein L.P. grew its position in Mettler-Toledo International by 10.7% during the 3rd quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock worth $974,633,000 after acquiring an additional 76,478 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Mettler-Toledo International by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 298,429 shares of the medical instruments supplier’s stock worth $366,354,000 after buying an additional 8,360 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Mettler-Toledo International by 7.5% in the 3rd quarter. Franklin Resources Inc. now owns 294,900 shares of the medical instruments supplier’s stock valued at $362,022,000 after purchasing an additional 20,668 shares during the period. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Up 3.0%

MTD opened at $1,082.23 on Thursday. The stock’s fifty day moving average is $1,232.73 and its two-hundred day moving average is $1,346.52. The company has a market capitalization of $21.87 billion, a P/E ratio of 25.38, a PEG ratio of 2.19 and a beta of 1.31. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data 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 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%.Mettler-Toledo International’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business 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. Equities analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Analysts Set New Price Targets

MTD has been the subject of a number of recent research reports. 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. Wall Street Zen lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Morgan Stanley decreased their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Finally, Robert W. Baird decreased 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. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,408.55.

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About Mettler-Toledo International

(Free Report)

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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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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