Swedbank AB Sells 674 Shares of Mettler-Toledo International, Inc. $MTD

Swedbank AB lowered its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 3.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,031 shares of the medical instruments supplier’s stock after selling 674 shares during the period. Swedbank AB owned about 0.11% of Mettler-Toledo International worth $27,785,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Capital International Investors lifted its stake 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 worth $1,351,064,000 after acquiring an additional 109,508 shares during the period. Alliancebernstein L.P. increased its position 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 purchasing an additional 76,478 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Mettler-Toledo International by 0.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock valued at $964,174,000 after purchasing an additional 3,157 shares during the period. Geode Capital Management LLC raised its holdings in shares of Mettler-Toledo International by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock valued at $830,879,000 after purchasing an additional 14,106 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Mettler-Toledo International in the 4th quarter valued at about $520,989,000. 95.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MTD has been the topic of a number of recent research reports. Jefferies Financial Group upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their price objective for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Morgan Stanley reduced their price objective 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 note on Tuesday, May 12th. Barclays lowered 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 report on Tuesday, April 14th. JPMorgan Chase & Co. dropped their target price on 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. Finally, Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Stock Down 3.6%

MTD opened at $1,249.12 on Thursday. Mettler-Toledo International, Inc. has a 52-week low of $1,023.05 and a 52-week high of $1,525.17. The company has a market cap of $25.24 billion, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 2.70 and a beta of 1.24. The firm’s 50-day moving average price is $1,175.86 and its 200-day moving average price is $1,287.00.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The company 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%. Mettler-Toledo International’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the business earned $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, research analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 EPS 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.