New York State Teachers Retirement System Sells 429 Shares of Mettler-Toledo International, Inc. $MTD

New York State Teachers Retirement System decreased its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 2.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,770 shares of the medical instruments supplier’s stock after selling 429 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of Mettler-Toledo International worth $19,889,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MTD. Geneos Wealth Management Inc. increased its position in Mettler-Toledo International by 83.3% during the first quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock valued at $78,000 after acquiring an additional 30 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Mettler-Toledo International by 3.1% in the 2nd quarter. Baird Financial Group Inc. now owns 1,347 shares of the medical instruments supplier’s stock worth $1,582,000 after acquiring an additional 40 shares during the last quarter. Jump Financial LLC lifted its holdings in shares of Mettler-Toledo International by 44.6% in the 2nd quarter. Jump Financial LLC now owns 405 shares of the medical instruments supplier’s stock worth $476,000 after acquiring an additional 125 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Mettler-Toledo International by 10.8% during the 2nd quarter. Cerity Partners LLC now owns 4,035 shares of the medical instruments supplier’s stock worth $4,740,000 after purchasing an additional 392 shares during the period. Finally, AXA S.A. raised its position in Mettler-Toledo International by 2.9% in the 2nd quarter. AXA S.A. now owns 4,625 shares of the medical instruments supplier’s stock worth $5,433,000 after purchasing an additional 131 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

Mettler-Toledo International stock opened at $1,307.91 on Friday. The stock has a market cap of $26.43 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of 2.73 and a beta of 1.24. The firm has a 50-day moving average of $1,175.53 and a two-hundred day moving average of $1,290.11. 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 issued 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. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The business had revenue of $947.13 million for the quarter, compared to analyst estimates of $943.14 million. During the same period last year, the company posted $8.19 earnings per share. The company’s quarterly revenue 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. Research analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on MTD shares. Barclays dropped 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 research report on Tuesday, April 14th. JPMorgan Chase & Co. reduced their price target 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 decreased 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 research note on Monday, May 11th. Citigroup dropped their price objective on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Mettler-Toledo International presently has an average rating of “Hold” and a consensus price target of $1,408.55.

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.