Mettler-Toledo International, Inc. $MTD Shares Bought by Capital Group Investment Management PTE. LTD.

Capital Group Investment Management PTE. LTD. lifted its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 30.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,282 shares of the medical instruments supplier’s stock after buying an additional 530 shares during the quarter. Capital Group Investment Management PTE. LTD.’s holdings in Mettler-Toledo International were worth $3,182,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Nordea Investment Management AB boosted its stake in shares of Mettler-Toledo International by 11.9% in the fourth quarter. Nordea Investment Management AB now owns 157,457 shares of the medical instruments supplier’s stock worth $220,718,000 after buying an additional 16,777 shares during the last quarter. Pensionfund Sabic purchased a new stake in shares of Mettler-Toledo International in the fourth quarter worth about $1,255,000. Citigroup Inc. boosted its stake in shares of Mettler-Toledo International by 4.8% in the third quarter. Citigroup Inc. now owns 65,033 shares of the medical instruments supplier’s stock worth $79,835,000 after buying an additional 2,989 shares during the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of Mettler-Toledo International by 21.6% in the third quarter. Illinois Municipal Retirement Fund now owns 7,854 shares of the medical instruments supplier’s stock worth $9,642,000 after buying an additional 1,393 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in shares of Mettler-Toledo International by 2,813.6% in the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock worth $173,165,000 after buying an additional 119,942 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Wall Street Analyst Weigh In

MTD has been the subject of a number of analyst reports. Barclays reduced their price target on 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 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 report on Friday, March 20th. Stifel Nicolaus reduced 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. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Robert W. Baird reduced their price target on 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. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Mettler-Toledo International presently has an average rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International Price Performance

Shares of Mettler-Toledo International stock opened at $1,153.99 on Friday. The business has a 50 day simple moving average of $1,215.48 and a two-hundred day simple moving average of $1,323.08. 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 market capitalization of $23.32 billion, a P/E ratio of 27.06, a PEG ratio of 2.41 and a beta of 1.27.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business had revenue of $947.13 million during the quarter, compared to analysts’ expectations of $943.14 million. During the same quarter in the prior year, the firm earned $8.19 earnings per share. The business’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. As a group, research analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

Mettler-Toledo International Company 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.