Bell Asset Management Ltd Decreases Holdings in Mettler-Toledo International, Inc. $MTD

Bell Asset Management Ltd trimmed its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 30.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,206 shares of the medical instruments supplier’s stock after selling 946 shares during the period. Bell Asset Management Ltd’s holdings in Mettler-Toledo International were worth $2,708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTD. Norges Bank purchased a new stake in Mettler-Toledo International during the second quarter worth about $360,126,000. Rakuten Investment Management Inc. purchased a new position in Mettler-Toledo International in the third quarter valued at about $121,021,000. Corient Private Wealth LLC grew its position in shares of Mettler-Toledo International by 91.8% during the 2nd quarter. Corient Private Wealth LLC now owns 140,267 shares of the medical instruments supplier’s stock valued at $164,775,000 after acquiring an additional 67,149 shares during the period. Thrivent Financial for Lutherans grew its position in shares of Mettler-Toledo International by 752.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 73,586 shares of the medical instruments supplier’s stock valued at $90,335,000 after acquiring an additional 64,951 shares during the period. Finally, Fiera Capital Corp increased its stake in shares of Mettler-Toledo International by 19.0% during the 2nd quarter. Fiera Capital Corp now owns 342,837 shares of the medical instruments supplier’s stock worth $402,737,000 after purchasing an additional 54,740 shares during the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MTD has been the topic of a number of research reports. Stifel Nicolaus upped their price objective on Mettler-Toledo International from $1,450.00 to $1,600.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Bank of America raised Mettler-Toledo International from a “neutral” rating to a “buy” rating and set a $1,600.00 target price for the company in a research report on Monday, December 15th. Wells Fargo & Company boosted their target price on Mettler-Toledo International from $1,400.00 to $1,450.00 and gave the company an “equal weight” rating in a research note on Monday, December 15th. The Goldman Sachs Group began coverage on shares of Mettler-Toledo International in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $1,475.00 target price for the company. Finally, Wall Street Zen raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Saturday, February 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, the company has a consensus rating of “Hold” and an average target price of $1,435.42.

Insider Activity at Mettler-Toledo International

In other news, CFO Shawn Vadala sold 800 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total transaction of $1,128,096.00. Following the completion of the transaction, the chief financial officer directly owned 5,288 shares in the company, valued at $7,456,714.56. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.77% of the stock is owned by company insiders.

Mettler-Toledo International Trading Down 3.9%

MTD stock opened at $1,211.65 on Monday. The firm has a 50 day moving average of $1,398.26 and a 200-day moving average of $1,371.99. Mettler-Toledo International, Inc. has a 12 month low of $946.69 and a 12 month high of $1,525.17. The firm has a market capitalization of $24.63 billion, a P/E ratio of 28.77, a price-to-earnings-growth ratio of 2.54 and a beta of 1.43.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, February 5th. The medical instruments supplier reported $13.36 EPS for the quarter, beating the consensus estimate of $12.76 by $0.60. Mettler-Toledo International had a net margin of 21.59% and a negative return on equity of 495.07%. The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the company earned $12.41 earnings per share. Mettler-Toledo International’s revenue for the quarter was up 8.1% on a year-over-year basis. Mettler-Toledo International has set its Q1 2026 guidance at 8.600-8.750 EPS and its FY 2026 guidance at 46.050-46.700 EPS. Sell-side analysts predict that Mettler-Toledo International, Inc. will post 42.71 EPS for the current 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.