Mettler-Toledo International, Inc. $MTD Shares Sold by Vestcor Inc

Vestcor Inc decreased its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 35.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 841 shares of the medical instruments supplier’s stock after selling 466 shares during the period. Vestcor Inc’s holdings in Mettler-Toledo International were worth $1,173,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MTD. Norges Bank acquired a new stake in Mettler-Toledo International in the 4th quarter valued at about $520,989,000. M&T Bank Corp raised its holdings in Mettler-Toledo International by 2,813.6% in the 4th quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after acquiring an additional 119,942 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Mettler-Toledo International by 10.7% in the 3rd quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock valued at $974,633,000 after acquiring an additional 76,478 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Mettler-Toledo International by 39,107.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock valued at $85,821,000 after acquiring an additional 61,399 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Mettler-Toledo International by 56.8% in the 3rd quarter. Bank of America Corp DE now owns 128,116 shares of the medical instruments supplier’s stock valued at $157,276,000 after acquiring an additional 46,402 shares during the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

Mettler-Toledo International stock opened at $1,139.04 on Tuesday. The firm has a 50 day simple moving average of $1,212.95 and a 200-day simple moving average of $1,320.79. Mettler-Toledo International, Inc. has a 1-year low of $1,023.05 and a 1-year high of $1,525.17. The stock has a market cap of $23.02 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 2.41 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 for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $943.14 million. During the same quarter in the prior year, the company posted $8.19 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. 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. Equities analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on MTD shares. Morgan Stanley cut their price objective 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 report on Tuesday, May 12th. Wolfe Research started coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Citigroup cut 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 report on Friday, May 8th. Barclays cut their price objective on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. dropped their price target 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. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on 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.