Pictet Asset Management Holding SA Has $26.50 Million Stake in Mettler-Toledo International, Inc. $MTD

Pictet Asset Management Holding SA grew its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 69.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,018 shares of the medical instruments supplier’s stock after purchasing an additional 8,610 shares during the period. Pictet Asset Management Holding SA owned about 0.10% of Mettler-Toledo International worth $26,504,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its position in Mettler-Toledo International by 6.1% during the third quarter. Allworth Financial LP now owns 121 shares of the medical instruments supplier’s stock worth $149,000 after buying an additional 7 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of 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 valued at $257,000 after acquiring an additional 8 shares during the period. Meridian Wealth Management LLC grew its holdings in shares of Mettler-Toledo International by 1.7% during the 4th quarter. Meridian Wealth Management LLC now owns 488 shares of the medical instruments supplier’s stock worth $680,000 after purchasing an additional 8 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Mettler-Toledo International by 2.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 302 shares of the medical instruments supplier’s stock worth $421,000 after purchasing an additional 8 shares during the period. Finally, Values First Advisors Inc. increased its position 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 worth $789,000 after purchasing an additional 8 shares during the period. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Price Performance

MTD stock opened at $1,301.67 on Thursday. The stock has a market cap of $26.31 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.66 and a beta of 1.24. The company has a 50 day simple moving average of $1,175.97 and a 200 day simple moving average of $1,290.60. Mettler-Toledo International, Inc. has a 1 year low of $1,023.05 and a 1 year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. The company had revenue of $947.13 million during the quarter, compared to analysts’ expectations of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.Mettler-Toledo International’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, equities research analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MTD shares. Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Robert W. Baird cut their price target 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 began coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Barclays decreased their price objective 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 note on Tuesday, April 14th. Finally, Stifel Nicolaus cut their target price on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.