BI Asset Management Fondsmaeglerselskab A S Lowers Stake in Mettler-Toledo International, Inc. $MTD

BI Asset Management Fondsmaeglerselskab A S lessened its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 38.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,086 shares of the medical instruments supplier’s stock after selling 686 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Mettler-Toledo International were worth $1,370,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Reflection Asset Management purchased a new position in Mettler-Toledo International in the fourth quarter valued at about $26,000. Elyxium Wealth LLC bought a new position in Mettler-Toledo International in the fourth quarter worth about $29,000. DV Equities LLC purchased a new stake in shares of Mettler-Toledo International during the fourth quarter valued at about $40,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Mettler-Toledo International during the fourth quarter valued at about $56,000. Finally, Quantbot Technologies LP bought a new stake in shares of Mettler-Toledo International in the 3rd quarter valued at about $49,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Mettler-Toledo International Stock Up 4.2%

MTD stock opened at $1,204.66 on Thursday. The stock has a market capitalization of $24.35 billion, a PE ratio of 28.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.27. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17. The firm has a 50 day moving average of $1,181.29 and a 200 day moving average of $1,295.16.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. The business 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 for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior 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. On average, equities research analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus cut their price objective on shares of Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Robert W. Baird cut their price target on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Barclays reduced their price target on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Finally, Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their price objective for the company from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $1,408.55.

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.