Mettler-Toledo International, Inc. $MTD Shares Purchased by Eventide Asset Management LLC

Eventide Asset Management LLC increased its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,258 shares of the medical instruments supplier’s stock after purchasing an additional 815 shares during the period. Mettler-Toledo International accounts for approximately 1.1% of Eventide Asset Management LLC’s investment portfolio, making the stock its 21st biggest position. Eventide Asset Management LLC owned approximately 0.25% of Mettler-Toledo International worth $70,122,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Arax Advisory Partners acquired a new position in shares of Mettler-Toledo International during the 4th quarter worth about $81,000. Arrowstreet Capital Limited Partnership raised its position in shares of Mettler-Toledo International by 41.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 102,240 shares of the medical instruments supplier’s stock worth $142,542,000 after purchasing an additional 29,875 shares during the last quarter. Jacobi Capital Management LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter worth about $216,000. Kestra Advisory Services LLC raised its position in shares of Mettler-Toledo International by 25.1% during the 4th quarter. Kestra Advisory Services LLC now owns 324 shares of the medical instruments supplier’s stock worth $452,000 after purchasing an additional 65 shares during the last quarter. Finally, Inspire Advisors LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter worth about $544,000. Institutional investors and hedge funds own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

NYSE:MTD opened at $1,129.89 on Friday. The firm has a market capitalization of $22.84 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 2.36 and a beta of 1.27. The company’s 50-day moving average is $1,203.88 and its two-hundred day moving average is $1,313.71. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, beating the consensus estimate 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%. Mettler-Toledo International’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous 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. As a group, equities analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on MTD shares. Morgan Stanley dropped 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. 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 for the company in a research note on Monday, May 11th. Citigroup dropped their price objective 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. Wolfe Research started coverage on shares of Mettler-Toledo International in a research note on Tuesday, June 2nd. They set a “peer perform” rating for the company. Finally, Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price objective for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International 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.