Pictet Asset Management Holding SA Has $26.50 Million Stock Holdings in Mettler-Toledo International, Inc. $MTD

Pictet Asset Management Holding SA increased its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 69.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,018 shares of the medical instruments supplier’s stock after acquiring an additional 8,610 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Mettler-Toledo International were worth $26,504,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Mettler-Toledo International in the 4th quarter worth approximately $520,989,000. M&T Bank Corp lifted its holdings in Mettler-Toledo International by 2,813.6% in the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after buying an additional 119,942 shares during the period. Capital International Investors lifted its holdings in Mettler-Toledo International by 12.7% in the fourth quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock valued at $1,351,064,000 after buying an additional 109,508 shares during the period. Alliancebernstein L.P. boosted its position in Mettler-Toledo International by 10.7% during the third 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. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Mettler-Toledo International by 39,107.6% in 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 acquiring an additional 61,399 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Stifel Nicolaus cut their target price on 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. Barclays dropped their price target on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Morgan Stanley cut their price target on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 12th. Citigroup dropped 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 report on Friday, May 8th. Finally, Jefferies Financial Group upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and raised their price target for the stock from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $1,408.55.

Mettler-Toledo International Stock Up 1.9%

NYSE:MTD opened at $1,301.67 on Thursday. The stock has a market cap of $26.31 billion, a price-to-earnings ratio of 30.53, a PEG ratio of 2.66 and a beta of 1.24. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17. The company’s 50 day moving average price is $1,175.97 and its 200-day moving average price is $1,290.60.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share 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 quarter in the prior year, the firm earned $8.19 earnings per share. The firm’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

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.