Aster Capital Management DIFC Ltd grew its holdings in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 267.0% during the 4th quarter, Holdings Channel reports. The firm owned 2,279 shares of the medical instruments supplier’s stock after buying an additional 1,658 shares during the period. Mettler-Toledo International comprises approximately 1.4% of Aster Capital Management DIFC Ltd’s investment portfolio, making the stock its 10th biggest holding. Aster Capital Management DIFC Ltd’s holdings in Mettler-Toledo International were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Nordea Investment Management AB grew its position in shares of Mettler-Toledo International by 11.9% in the fourth quarter. Nordea Investment Management AB now owns 157,457 shares of the medical instruments supplier’s stock valued at $220,718,000 after purchasing an additional 16,777 shares during the last quarter. Pensionfund Sabic acquired a new stake in shares of Mettler-Toledo International in the fourth quarter valued at approximately $1,255,000. Citigroup Inc. grew its position in shares of Mettler-Toledo International by 4.8% in the third quarter. Citigroup Inc. now owns 65,033 shares of the medical instruments supplier’s stock valued at $79,835,000 after purchasing an additional 2,989 shares during the last quarter. M&T Bank Corp grew its position in shares of Mettler-Toledo International by 2,813.6% in the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after purchasing an additional 119,942 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in shares of Mettler-Toledo International by 34.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,150 shares of the medical instruments supplier’s stock valued at $5,786,000 after purchasing an additional 1,060 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently commented on MTD. Wall Street Zen lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Citigroup lowered their price target on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price target on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Finally, Barclays decreased their target price on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $1,408.55.
Mettler-Toledo International Stock Up 2.0%
MTD stock opened at $1,154.42 on Tuesday. The company has a market cap of $23.33 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 2.36 and a beta of 1.27. The business has a fifty day simple moving average of $1,201.73 and a 200-day simple moving average of $1,310.13. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $947.13 million during the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $8.19 EPS. 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 fiscal year.
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.
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