Korea Investment CORP Decreases Position in Mettler-Toledo International, Inc. $MTD

Korea Investment CORP decreased its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 16.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 13,523 shares of the medical instruments supplier’s stock after selling 2,679 shares during the period. Korea Investment CORP owned about 0.07% of Mettler-Toledo International worth $16,601,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MTD. EverSource Wealth Advisors LLC boosted its position in shares of Mettler-Toledo International by 2.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 294 shares of the medical instruments supplier’s stock worth $361,000 after buying an additional 7 shares in the last quarter. GAMMA Investing LLC increased its holdings in Mettler-Toledo International by 1.6% during the 3rd quarter. GAMMA Investing LLC now owns 510 shares of the medical instruments supplier’s stock valued at $626,000 after acquiring an additional 8 shares in the last quarter. Versant Capital Management Inc increased its holdings in 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 in the last quarter. Valeo Financial Advisors LLC raised its position in Mettler-Toledo International by 4.0% during the third quarter. Valeo Financial Advisors LLC now owns 207 shares of the medical instruments supplier’s stock worth $254,000 after acquiring an additional 8 shares during the last quarter. Finally, Meridian Wealth Management LLC lifted its holdings in shares of Mettler-Toledo International by 1.7% in the third quarter. Meridian Wealth Management LLC now owns 480 shares of the medical instruments supplier’s stock valued at $589,000 after purchasing an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on MTD shares. Morgan Stanley lowered their price target on shares of Mettler-Toledo International from $1,550.00 to $1,475.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. Bank of America raised Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 target price on the stock in a research note on Monday, December 15th. Wells Fargo & Company increased their target price on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the company an “equal weight” rating in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Mettler-Toledo International in a research report on Monday, December 29th. Finally, Wall Street Zen raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1,435.42.

Insiders Place Their Bets

In related news, CFO Shawn Vadala sold 800 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $1,410.12, for a total transaction of $1,128,096.00. Following the transaction, the chief financial officer directly owned 5,288 shares in the company, valued at approximately $7,456,714.56. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.77% of the company’s stock.

Mettler-Toledo International Stock Performance

MTD stock opened at $1,230.50 on Wednesday. The company has a 50 day moving average price of $1,391.20 and a two-hundred day moving average price of $1,371.17. The stock has a market capitalization of $25.02 billion, a P/E ratio of 29.21, a PEG ratio of 2.62 and a beta of 1.43. Mettler-Toledo International, Inc. has a one year low of $946.69 and a one year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, February 5th. The medical instruments supplier reported $13.36 earnings per share for the quarter, topping analysts’ consensus estimates of $12.76 by $0.60. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the prior year, the company posted $12.41 EPS. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. Research analysts forecast that Mettler-Toledo International, Inc. will post 42.71 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.