Edgestream Partners L.P. Decreases Holdings in Mettler-Toledo International, Inc. $MTD

Edgestream Partners L.P. decreased its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 11.7% during the 1st quarter, Holdings Channel reports. The firm owned 7,834 shares of the medical instruments supplier’s stock after selling 1,039 shares during the quarter. Edgestream Partners L.P.’s holdings in Mettler-Toledo International were worth $9,880,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in shares of Mettler-Toledo International during the 1st quarter worth about $25,000. Reflection Asset Management acquired a new stake in Mettler-Toledo International in the 4th quarter worth about $26,000. Elyxium Wealth LLC purchased a new stake in Mettler-Toledo International during the 4th quarter worth approximately $29,000. Root Financial Partners LLC increased its stake in Mettler-Toledo International by 45.5% during the 1st quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock worth $40,000 after buying an additional 10 shares in the last quarter. Finally, DV Equities LLC acquired a new position in shares of Mettler-Toledo International during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

MTD opened at $1,391.38 on Thursday. The company’s 50 day simple moving average is $1,225.29 and its two-hundred day simple moving average is $1,275.79. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17. The firm has a market capitalization of $28.12 billion, a price-to-earnings ratio of 32.63, a price-to-earnings-growth ratio of 2.90 and a beta of 1.24.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, topping the consensus estimate of $8.70 by $0.21. The business had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm 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 analysts anticipate that Mettler-Toledo International, Inc. will post 46.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Stifel Nicolaus dropped 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 research report on Monday, May 18th. Morgan Stanley reduced their price objective on 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. JPMorgan Chase & Co. decreased their price objective on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Citigroup lowered their target price on shares of 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. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target 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.