Bank of New York Mellon Corp Sells 86,854 Shares of Mettler-Toledo International, Inc. $MTD

Bank of New York Mellon Corp lessened its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 735,713 shares of the medical instruments supplier’s stock after selling 86,854 shares during the period. Bank of New York Mellon Corp owned about 3.60% of Mettler-Toledo International worth $1,025,723,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Elyxium Wealth LLC acquired a new stake in Mettler-Toledo International during the 4th quarter worth approximately $29,000. Quantbot Technologies LP bought a new position in shares of Mettler-Toledo International during the third quarter valued at $49,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Mettler-Toledo International during the fourth quarter worth $56,000. State of Wyoming bought a new stake in shares of Mettler-Toledo International in the second quarter worth $58,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Mettler-Toledo International in the third quarter worth $61,000. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Trading Down 1.1%

Mettler-Toledo International stock opened at $1,170.40 on Wednesday. The firm’s fifty day moving average price is $1,221.54 and its two-hundred day moving average price is $1,329.50. The firm has a market capitalization of $23.65 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 2.47 and a beta of 1.27. 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 announced its quarterly 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 business had revenue of $947.13 million for 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 firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, research analysts forecast that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MTD. Morgan Stanley lowered their price objective on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Barclays lowered 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 report on Tuesday, April 14th. 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. Stifel Nicolaus decreased their price objective 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, May 18th. Finally, 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 for the company in a research note on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Mettler-Toledo International has an average rating of “Hold” and a consensus price target 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.