Louisiana State Employees Retirement System Invests $1.26 Million in Mettler-Toledo International, Inc. $MTD

Louisiana State Employees Retirement System acquired a new position in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,000 shares of the medical instruments supplier’s stock, valued at approximately $1,261,000.

Several other institutional investors have also added to or reduced their stakes in MTD. Allworth Financial LP boosted its stake in Mettler-Toledo International by 6.1% in the 3rd quarter. Allworth Financial LP now owns 121 shares of the medical instruments supplier’s stock worth $149,000 after purchasing an additional 7 shares during the period. Evergreen Capital Management LLC increased its holdings in Mettler-Toledo International by 4.5% during the 4th quarter. Evergreen Capital Management LLC now owns 184 shares of the medical instruments supplier’s stock worth $257,000 after purchasing an additional 8 shares in the last quarter. Meridian Wealth Management LLC raised its stake in shares of Mettler-Toledo International by 1.7% in the 4th quarter. Meridian Wealth Management LLC now owns 488 shares of the medical instruments supplier’s stock valued at $680,000 after purchasing an additional 8 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Mettler-Toledo International by 2.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 302 shares of the medical instruments supplier’s stock valued at $421,000 after purchasing an additional 8 shares during the period. Finally, Values First Advisors Inc. lifted its holdings in shares of Mettler-Toledo International by 1.3% in the first quarter. Values First Advisors Inc. now owns 625 shares of the medical instruments supplier’s stock valued at $789,000 after purchasing an additional 8 shares in the last quarter. 95.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MTD has been the subject of several recent research reports. Morgan Stanley reduced their price objective 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. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Stifel Nicolaus cut their target price on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price target for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Finally, Barclays decreased their price target on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,408.55.

Check Out Our Latest Analysis on MTD

Mettler-Toledo International Price Performance

Mettler-Toledo International stock opened at $1,307.91 on Friday. The company has a market cap of $26.43 billion, a price-to-earnings ratio of 30.67, a P/E/G ratio of 2.73 and a beta of 1.24. The firm has a 50-day moving average of $1,175.53 and a 200-day moving average of $1,290.11. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,525.17.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its 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 negative return on equity of 622.80% and a net margin of 21.40%.The business had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. During the same quarter in the previous year, the business earned $8.19 earnings per share. Mettler-Toledo International’s quarterly 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, sell-side 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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