Fundsmith Investment Services LTD. Sells 6,768 Shares of Mettler-Toledo International, Inc. $MTD

Fundsmith Investment Services LTD. lowered its position in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 2.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 253,786 shares of the medical instruments supplier’s stock after selling 6,768 shares during the quarter. Mettler-Toledo International comprises approximately 4.9% of Fundsmith Investment Services LTD.’s portfolio, making the stock its 11th largest holding. Fundsmith Investment Services LTD. owned approximately 1.24% of Mettler-Toledo International worth $311,550,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in Mettler-Toledo International during the second quarter valued at $360,126,000. Rakuten Investment Management Inc. bought a new position in Mettler-Toledo International in the 3rd quarter worth about $121,021,000. Corient Private Wealth LLC increased its stake in Mettler-Toledo International by 91.8% in the 2nd quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock worth $164,775,000 after acquiring an additional 67,149 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Mettler-Toledo International by 752.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after acquiring an additional 64,951 shares in the last quarter. Finally, Holocene Advisors LP raised its holdings in shares of Mettler-Toledo International by 320.2% in the 2nd quarter. Holocene Advisors LP now owns 56,439 shares of the medical instruments supplier’s stock valued at $66,300,000 after acquiring an additional 43,007 shares in the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Wall Street Analyst Weigh In

MTD has been the subject of several recent analyst reports. Morgan Stanley cut their price objective on Mettler-Toledo International from $1,550.00 to $1,475.00 and set an “equal weight” rating for the company in a report on Tuesday, February 10th. Wall Street Zen raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mettler-Toledo International in a research report on Monday, December 29th. The Goldman Sachs Group assumed coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 price target for the company. Finally, Barclays decreased their price target on shares of Mettler-Toledo International from $1,600.00 to $1,550.00 and set an “overweight” rating on the stock in a report on Monday, December 15th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Mettler-Toledo International presently has an average rating of “Hold” and an average price target of $1,435.42.

Check Out Our Latest Stock Report on MTD

Insider Activity at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 800 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total value of $1,128,096.00. Following the completion of the sale, the chief financial officer directly owned 5,288 shares in the company, valued at approximately $7,456,714.56. The trade was a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.94% of the company’s stock.

Mettler-Toledo International Trading Up 0.6%

Shares of Mettler-Toledo International stock opened at $1,174.59 on Friday. The firm has a market capitalization of $23.88 billion, a PE ratio of 27.89, a price-to-earnings-growth ratio of 2.45 and a beta of 1.43. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,525.17. The business’s 50-day moving average price is $1,378.52 and its 200-day moving average price is $1,367.96.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its earnings results on Thursday, February 5th. The medical instruments supplier reported $13.36 earnings per share for the quarter, topping analysts’ consensus estimates of $12.76 by $0.60. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Mettler-Toledo International had a negative return on equity of 495.07% and a net margin of 21.59%.Mettler-Toledo International’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $12.41 EPS. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. As a group, analysts predict that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Mettler-Toledo International Profile

(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)

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