Sterling Capital Management LLC Trims Stake in Mettler-Toledo International, Inc. $MTD

Sterling Capital Management LLC reduced its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 43.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 698 shares of the medical instruments supplier’s stock after selling 526 shares during the period. Sterling Capital Management LLC’s holdings in Mettler-Toledo International were worth $880,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MTD. Reflection Asset Management bought a new position in shares of Mettler-Toledo International in the 4th quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new stake in Mettler-Toledo International in the fourth quarter worth $29,000. DV Equities LLC purchased a new stake in Mettler-Toledo International in the fourth quarter worth $40,000. Quantbot Technologies LP bought a new position in Mettler-Toledo International in the third quarter worth $49,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Mettler-Toledo International during the fourth quarter valued at $56,000. 95.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on MTD. Jefferies Financial Group upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and boosted their target price for the company from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Stifel Nicolaus lowered their price target 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 report on Monday, May 18th. JPMorgan Chase & Co. dropped their price objective on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Robert W. Baird cut their price objective on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Morgan Stanley decreased their target price 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. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International Trading Up 1.6%

NYSE MTD opened at $1,279.26 on Wednesday. Mettler-Toledo International, Inc. has a 12 month low of $1,023.05 and a 12 month high of $1,525.17. The stock’s fifty day moving average price is $1,176.41 and its 200-day moving average price is $1,291.45. The stock has a market cap of $25.85 billion, a P/E ratio of 30.00, a P/E/G ratio of 2.63 and a beta of 1.27.

Mettler-Toledo International (NYSE:MTD) 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 the consensus estimate of $8.70 by $0.21. The firm had revenue of $947.13 million during the quarter, compared to analyst estimates of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.Mettler-Toledo International’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous 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, analysts forecast that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

About Mettler-Toledo International

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.