Swedbank AB Reduces Stock Position in Mettler-Toledo International, Inc. $MTD

Swedbank AB cut its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 3.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,031 shares of the medical instruments supplier’s stock after selling 674 shares during the period. Swedbank AB’s holdings in Mettler-Toledo International were worth $27,785,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of MTD. Capital International Investors boosted its position in Mettler-Toledo International by 12.7% in the fourth quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock valued at $1,351,064,000 after buying an additional 109,508 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Mettler-Toledo International by 10.7% in the 3rd quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock worth $974,633,000 after buying an additional 76,478 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Mettler-Toledo International by 0.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock worth $964,174,000 after buying an additional 3,157 shares during the last quarter. Geode Capital Management LLC lifted its stake in Mettler-Toledo International by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock valued at $830,879,000 after acquiring an additional 14,106 shares during the period. Finally, Norges Bank acquired a new stake in Mettler-Toledo International during the 4th quarter valued at approximately $520,989,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MTD. Robert W. Baird reduced their target price on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Citigroup cut their price target on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Jefferies Financial Group raised 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 report on Friday, March 20th. JPMorgan Chase & Co. dropped their target price on 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, Stifel Nicolaus decreased their price target on 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. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Mettler-Toledo International currently has an average rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International Stock Performance

Shares of NYSE MTD opened at $1,249.12 on Thursday. The firm has a market cap of $25.24 billion, a PE ratio of 29.29, a PEG ratio of 2.70 and a beta of 1.24. The firm has a fifty day moving average of $1,175.86 and a 200 day moving average of $1,287.00. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,525.17.

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 (EPS) for the quarter, beating the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The business had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. During the same period last year, the firm posted $8.19 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. 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. On average, equities analysts predict that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

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.