Forsta AP Fonden Boosts Stock Position in Mettler-Toledo International, Inc. $MTD

Forsta AP Fonden raised its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 85.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,260 shares of the medical instruments supplier’s stock after acquiring an additional 4,260 shares during the period. Forsta AP Fonden’s holdings in Mettler-Toledo International were worth $12,910,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTD. Norges Bank purchased a new stake in Mettler-Toledo International during the 4th quarter valued at approximately $520,989,000. M&T Bank Corp raised its stake in 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 acquiring an additional 119,942 shares during the last quarter. Alliancebernstein L.P. raised 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 valued at $974,633,000 after acquiring an additional 76,478 shares during the last quarter. Thrivent Financial for Lutherans raised 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 valued at $90,335,000 after acquiring an additional 64,951 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 in the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MTD. 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. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. 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. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their target price for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Finally, Barclays cut their target price on 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. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Mettler-Toledo International presently has an average rating of “Moderate Buy” and a consensus price target of $1,408.55.

Mettler-Toledo International Price Performance

NYSE MTD opened at $1,181.99 on Monday. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17. The company has a market capitalization of $23.89 billion, a P/E ratio of 27.72, a PEG ratio of 2.46 and a beta of 1.27. The business has a 50 day moving average price of $1,221.65 and a 200 day moving average price of $1,331.35.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $943.14 million. During the same period last year, the business posted $8.19 EPS. Mettler-Toledo International’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. On average, research analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Mettler-Toledo International 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.