Andra AP fonden Sells 2,470 Shares of Mettler-Toledo International, Inc. $MTD

Andra AP fonden lessened its holdings in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 11.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,030 shares of the medical instruments supplier’s stock after selling 2,470 shares during the quarter. Andra AP fonden’s holdings in Mettler-Toledo International were worth $26,531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MTD. Elyxium Wealth LLC acquired a new stake in shares of Mettler-Toledo International in the 4th quarter valued at $29,000. Quantbot Technologies LP acquired a new position in Mettler-Toledo International during the 3rd quarter worth about $49,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Mettler-Toledo International during the 4th quarter worth about $56,000. State of Wyoming acquired a new position in Mettler-Toledo International during the 2nd quarter worth about $58,000. Finally, Kelleher Financial Advisors acquired a new position in Mettler-Toledo International during the 3rd quarter worth about $61,000. Institutional investors and hedge funds own 95.07% of the company’s stock.

Mettler-Toledo International Trading Up 0.5%

Mettler-Toledo International stock opened at $1,138.75 on Friday. 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 cap of $23.01 billion, a PE ratio of 26.71, a PEG ratio of 2.36 and a beta of 1.27. The company’s 50-day moving average is $1,206.79 and its two-hundred day moving average is $1,315.01.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The company had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. During the same period in the prior year, the company posted $8.19 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. 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. Research analysts forecast that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on MTD shares. Wolfe Research started coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. 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 on the stock in a research report on Monday, May 18th. Citigroup reduced their price target 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 report on Friday, May 8th. Jefferies Financial Group upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price target for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus target price of $1,408.55.

Get Our Latest Analysis on Mettler-Toledo International

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.

Further Reading

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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