Prudential PLC Trims Stock Position in Mettler-Toledo International, Inc. $MTD

Prudential PLC lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 94.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 366 shares of the medical instruments supplier’s stock after selling 6,542 shares during the period. Prudential PLC’s holdings in Mettler-Toledo International were worth $510,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MTD. Norges Bank purchased a new position in shares of Mettler-Toledo International during the 4th quarter valued at about $520,989,000. M&T Bank Corp raised its stake in shares of Mettler-Toledo International by 2,813.6% during 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 buying an additional 119,942 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Mettler-Toledo International by 10.7% during the 3rd quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock valued at $974,633,000 after purchasing an additional 76,478 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Mettler-Toledo International by 39,107.6% during 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 purchasing an additional 61,399 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Mettler-Toledo International by 56.8% during 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 purchasing an additional 46,402 shares in the last quarter. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Performance

Mettler-Toledo International stock opened at $1,139.04 on Tuesday. The company’s fifty day moving average price is $1,212.95 and its 200 day moving average price is $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 capitalization of $23.02 billion, a P/E ratio of 26.71, a P/E/G ratio of 2.41 and a beta of 1.27.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results 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 net margin of 21.40% and a negative return on equity of 622.80%. The firm had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. During the same quarter last year, the company earned $8.19 EPS. The firm’s revenue for the quarter 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. Sell-side analysts predict that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus cut 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 report on Monday, May 18th. Citigroup cut their target price 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. Robert W. Baird cut their target price on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They set a “peer perform” rating for the company. Finally, JPMorgan Chase & Co. cut their target price on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,408.55.

Mettler-Toledo International Company 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.