Bamco Inc. NY Trims Holdings in Mettler-Toledo International, Inc. $MTD

Bamco Inc. NY lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 30.8% in the fourth quarter, HoldingsChannel reports. The fund owned 146,334 shares of the medical instruments supplier’s stock after selling 65,018 shares during the quarter. Bamco Inc. NY’s holdings in Mettler-Toledo International were worth $204,017,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MTD. Elyxium Wealth LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter valued at about $29,000. DV Equities LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter valued at about $40,000. Quantbot Technologies LP acquired a new position in shares of Mettler-Toledo International during the 3rd quarter valued at about $49,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Mettler-Toledo International during the 4th quarter valued at about $56,000. Finally, State of Wyoming acquired a new position in shares of Mettler-Toledo International during the 2nd quarter valued at about $58,000. Institutional investors and hedge funds own 95.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MTD. 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. Barclays dropped their price objective on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research note 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. Morgan Stanley dropped their price objective on shares of Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Wolfe Research began coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating for the company. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Stock Performance

MTD opened at $1,129.97 on Thursday. The firm has a 50 day moving average price of $1,196.84 and a 200 day moving average price of $1,305.29. The company has a market cap of $22.83 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 2.40 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 posted its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The firm had revenue of $947.13 million during the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company 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, sell-side analysts predict that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

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.