Mettler-Toledo International, Inc. $MTD Position Decreased by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,089 shares of the medical instruments supplier’s stock after selling 2,000 shares during the period. HighTower Advisors LLC owned approximately 0.17% of Mettler-Toledo International worth $48,921,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of MTD. Elyxium Wealth LLC purchased a new stake in Mettler-Toledo International during the fourth quarter valued at about $29,000. Root Financial Partners LLC purchased a new stake in Mettler-Toledo International during the third quarter valued at about $42,000. Quantbot Technologies LP purchased a new stake in Mettler-Toledo International during the third quarter valued at about $49,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Mettler-Toledo International during the fourth quarter valued at about $56,000. Finally, State of Wyoming purchased a new stake in Mettler-Toledo International during the second quarter valued at about $58,000. 95.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MTD has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price objective 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 note on Monday. Citigroup reduced 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. Robert W. Baird reduced their price objective 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 note on Monday, May 11th. JPMorgan Chase & Co. reduced their price objective on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Finally, Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price objective for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Mettler-Toledo International currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,408.55.

Read Our Latest Stock Analysis on MTD

Mettler-Toledo International Price Performance

NYSE MTD opened at $1,092.32 on Friday. The company has a 50 day simple moving average of $1,229.96 and a 200-day simple moving average of $1,344.22. The firm has a market capitalization of $22.08 billion, a price-to-earnings ratio of 25.62, a price-to-earnings-growth ratio of 2.26 and a beta of 1.31. Mettler-Toledo International, Inc. has a 52-week low of $1,023.05 and a 52-week high of $1,525.17.

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

See Also

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

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.