Mettler-Toledo International, Inc. $MTD Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. cut its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 22.0% in the first quarter, HoldingsChannel.com reports. The firm owned 220,517 shares of the medical instruments supplier’s stock after selling 62,136 shares during the quarter. Principal Financial Group Inc.’s holdings in Mettler-Toledo International were worth $278,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank purchased a new stake in Mettler-Toledo International in the 4th quarter valued at about $520,989,000. M&T Bank Corp boosted its stake in Mettler-Toledo International by 2,813.6% during the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock worth $173,165,000 after buying an additional 119,942 shares during the period. Capital International Investors increased its position in shares of Mettler-Toledo International by 12.7% during the fourth quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock valued at $1,351,064,000 after acquiring an additional 109,508 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Mettler-Toledo International by 39,107.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock valued at $85,821,000 after acquiring an additional 61,399 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC raised its stake in shares of Mettler-Toledo International by 4,990.0% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 48,253 shares of the medical instruments supplier’s stock valued at $67,274,000 after acquiring an additional 47,305 shares during the period. 95.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented 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 report on Tuesday, April 14th. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Tuesday, July 7th. Wolfe Research started coverage on Mettler-Toledo International in a research note on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Finally, Morgan Stanley lowered 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. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1,408.55.

Mettler-Toledo International Stock Up 1.2%

Mettler-Toledo International stock opened at $1,315.67 on Wednesday. Mettler-Toledo International, Inc. has a 52-week low of $1,023.05 and a 52-week high of $1,525.17. The firm has a market cap of $26.59 billion, a PE ratio of 30.86, a price-to-earnings-growth ratio of 2.71 and a beta of 1.24. The company’s 50 day moving average is $1,178.16 and its two-hundred day moving average is $1,283.84.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, topping the consensus estimate 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 business had revenue of $947.13 million during the quarter, compared to the consensus estimate of $943.14 million. During the same quarter in the previous year, the firm posted $8.19 earnings per share. The company’s quarterly revenue 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. On average, equities research analysts anticipate that Mettler-Toledo International, Inc. will post 46.63 earnings per share for the current fiscal year.

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.