North Dakota State Investment Board Acquires New Position in Mettler-Toledo International, Inc. $MTD

Posted by Francis Steltz on May 20th, 2026

North Dakota State Investment Board purchased a new stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,178 shares of the medical instruments supplier’s stock, valued at approximately $1,642,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MTD. Elyxium Wealth LLC acquired a new stake in shares of Mettler-Toledo International during the 4th quarter valued at approximately $29,000. Versant Capital Management Inc lifted its position in shares of Mettler-Toledo International by 42.1% during the 3rd quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock valued at $33,000 after acquiring an additional 8 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Mettler-Toledo International during the 3rd quarter valued at approximately $42,000. Quantbot Technologies LP acquired a new stake in shares of Mettler-Toledo International during the 3rd quarter valued at approximately $49,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Mettler-Toledo International during the 4th quarter valued at approximately $56,000. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on MTD. Morgan Stanley reduced their price target 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 report on Tuesday, May 12th. Barclays reduced their price target 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 report on Tuesday, April 14th. Robert W. Baird reduced their price target on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Stifel Nicolaus reduced their price target on shares of 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. Finally, Citigroup dropped their price objective on shares of 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. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,408.55.

Get Our Latest Stock Analysis on MTD

Mettler-Toledo International Price Performance

Shares of MTD opened at $1,051.97 on Wednesday. The firm has a 50 day simple moving average of $1,236.10 and a 200-day simple moving average of $1,348.57. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17. The stock has a market cap of $21.26 billion, a price-to-earnings ratio of 24.67, a price-to-earnings-growth ratio of 2.24 and a beta of 1.31.

Mettler-Toledo International (NYSE:MTD – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The business had revenue of $947.13 million during the quarter, compared to analysts’ expectations 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 period last year, the company 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 expect that Mettler-Toledo International, Inc. will post 46.61 earnings per share for the current fiscal year.

About Mettler-Toledo International

(Free Report)

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.