TD Asset Management Inc Has $236.03 Million Stake in Mettler-Toledo International, Inc. $MTD

TD Asset Management Inc trimmed its holdings in Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 8.1% in the fourth quarter, Holdings Channel reports. The fund owned 169,293 shares of the medical instruments supplier’s stock after selling 14,894 shares during the period. TD Asset Management Inc’s holdings in Mettler-Toledo International were worth $236,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Elyxium Wealth LLC acquired a new position in shares of Mettler-Toledo International during the fourth quarter worth about $29,000. Quantbot Technologies LP acquired a new stake in shares of Mettler-Toledo International in the third quarter valued at approximately $49,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Mettler-Toledo International in the fourth quarter valued at approximately $56,000. State of Wyoming bought a new position in Mettler-Toledo International in the second quarter valued at $58,000. Finally, Kelleher Financial Advisors bought a new position in Mettler-Toledo International in the third quarter valued at $61,000. 95.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Stifel Nicolaus decreased their target price 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. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Wolfe Research began coverage on Mettler-Toledo International in a research report on Tuesday. They set a “peer perform” rating for the company. Morgan Stanley reduced their price target on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Finally, Barclays reduced their price target 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. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $1,408.55.

Read Our Latest Stock Analysis on MTD

Mettler-Toledo International Stock Down 0.0%

MTD opened at $1,169.52 on Thursday. Mettler-Toledo International, Inc. has a 12-month low of $1,023.05 and a 12-month high of $1,525.17. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 27.43, a PEG ratio of 2.44 and a beta of 1.27. The business has a 50 day moving average of $1,219.42 and a 200-day moving average of $1,325.84.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The company had revenue of $947.13 million during the quarter, compared to analysts’ expectations of $943.14 million. During the same period last year, the firm posted $8.19 earnings per share. The business’s revenue 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. As a group, analysts expect that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current year.

Mettler-Toledo International Company 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

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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