CIBC Asset Management Inc Purchases 1,882 Shares of Mettler-Toledo International, Inc. $MTD

CIBC Asset Management Inc boosted its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 64.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,796 shares of the medical instruments supplier’s stock after acquiring an additional 1,882 shares during the period. CIBC Asset Management Inc’s holdings in Mettler-Toledo International were worth $6,687,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its position in shares of Mettler-Toledo International by 83.3% during the first quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock valued at $78,000 after buying an additional 30 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Mettler-Toledo International by 3.1% during the second quarter. Baird Financial Group Inc. now owns 1,347 shares of the medical instruments supplier’s stock worth $1,582,000 after purchasing an additional 40 shares in the last quarter. Jump Financial LLC grew its holdings in shares of Mettler-Toledo International by 44.6% during the second quarter. Jump Financial LLC now owns 405 shares of the medical instruments supplier’s stock worth $476,000 after purchasing an additional 125 shares in the last quarter. Cerity Partners LLC boosted its stake in Mettler-Toledo International by 10.8% in the second quarter. Cerity Partners LLC now owns 4,035 shares of the medical instruments supplier’s stock worth $4,740,000 after buying an additional 392 shares in the last quarter. Finally, AXA S.A. boosted its stake in Mettler-Toledo International by 2.9% in the second quarter. AXA S.A. now owns 4,625 shares of the medical instruments supplier’s stock worth $5,433,000 after buying an additional 131 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Stock Down 2.2%

Shares of Mettler-Toledo International stock opened at $1,153.99 on Friday. The company has a market cap of $23.32 billion, a PE ratio of 27.06, a P/E/G ratio of 2.41 and a beta of 1.27. The business has a 50 day moving average of $1,215.48 and a 200 day moving average of $1,323.08. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17.

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. The company had revenue of $947.13 million during the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.19 earnings per share. 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 anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Wall Street Analyst Weigh In

MTD has been the subject of several research reports. Wolfe Research initiated coverage on Mettler-Toledo International in a research note on Tuesday, June 2nd. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. cut their target price on 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. Citigroup cut their target price on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their target price for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Finally, Robert W. Baird cut their target price on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” 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.