Assenagon Asset Management S.A. Grows Stock Position in Mettler-Toledo International, Inc. $MTD

Assenagon Asset Management S.A. lifted its position in Mettler-Toledo International, Inc. (NYSE:MTD) by 38.6% during the first quarter, HoldingsChannel.com reports. The fund owned 12,872 shares of the medical instruments supplier’s stock after acquiring an additional 3,586 shares during the period. Assenagon Asset Management S.A.’s holdings in Mettler-Toledo International were worth $16,234,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Reflection Asset Management acquired a new position in Mettler-Toledo International in the 4th quarter valued at $26,000. Elyxium Wealth LLC acquired a new position in Mettler-Toledo International during the fourth quarter worth about $29,000. DV Equities LLC purchased a new stake in Mettler-Toledo International during the 4th quarter valued at about $40,000. Quantbot Technologies LP acquired a new stake in Mettler-Toledo International in the 3rd quarter valued at about $49,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Mettler-Toledo International in the 4th quarter valued at about $56,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Mettler-Toledo International Price Performance

NYSE:MTD opened at $1,263.76 on Friday. The firm has a market capitalization of $25.54 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 2.64 and a beta of 1.27. The company’s 50-day moving average is $1,178.25 and its two-hundred day moving average is $1,293.75. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last announced 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 the consensus estimate of $943.14 million. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, equities analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MTD has been the topic of several recent research reports. JPMorgan Chase & Co. lowered 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 report on Monday, May 11th. Robert W. Baird cut their price target on Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Citigroup reduced their price objective on 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. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Stifel Nicolaus cut their target price on 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, May 18th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $1,408.55.

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.