Handelsbanken Fonder AB Buys 535 Shares of Mettler-Toledo International, Inc. $MTD

Handelsbanken Fonder AB raised its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 3.9% during the 4th quarter, Holdings Channel reports. The fund owned 14,284 shares of the medical instruments supplier’s stock after purchasing an additional 535 shares during the period. Handelsbanken Fonder AB’s holdings in Mettler-Toledo International were worth $19,915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of MTD. M&T Bank Corp lifted its holdings in shares of Mettler-Toledo International by 2,813.6% during the 4th quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after purchasing an additional 119,942 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in Mettler-Toledo International during the 3rd quarter worth $121,021,000. Alliancebernstein L.P. grew its stake in Mettler-Toledo International by 10.7% during 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 last quarter. Thrivent Financial for Lutherans grew its stake in Mettler-Toledo International by 752.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock worth $90,335,000 after buying an additional 64,951 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Mettler-Toledo International by 39,107.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock worth $85,821,000 after buying an additional 61,399 shares during the last quarter. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Up 3.0%

NYSE:MTD opened at $1,082.23 on Thursday. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17. The stock has a market capitalization of $21.87 billion, a PE ratio of 25.38, a price-to-earnings-growth ratio of 2.19 and a beta of 1.31. The stock’s 50-day moving average price is $1,232.73 and its 200-day moving average price is $1,346.52.

Mettler-Toledo International (NYSE:MTD) last posted 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 firm had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. During the same period last year, the firm earned $8.19 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. 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. Sell-side analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

MTD has been the topic of several research analyst reports. Barclays dropped their target price on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Citigroup dropped their target price on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Robert W. Baird dropped their target price on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Morgan Stanley dropped their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 12th. Finally, Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,408.55.

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.