Fundsmith Reduces $15M in Mettler-Toledo International Inc. ($MTD)
Key Points
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Fundsmith trimmed its position in Mettler-Toledo International Inc. ($MTD) by 2.07% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 568,516 shares of Mettler-Toledo International Inc. after selling 11,991 shares during the quarter. Fundsmith's holdings in Mettler-Toledo International Inc. were worth $726.28 million as of its most recent filing.
Mettler-Toledo International Inc. Stock Down 8.7%
Shares of Mettler-Toledo International Inc. ($MTD) traded around $1,277.51 on Saturday, down 8.7% for the day.
Mettler-Toledo International Inc. Earnings
Analysts Set New Price Targets
About Mettler-Toledo International Inc.
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other Operations. The company offers laboratory instruments, such as laboratory balances, liquid pipetting solutions, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, density and refractometry instruments, and thermal analysis systems; and other analytical instruments, including UV/VIS spectrophotometers, moisture analyzers, and cell counters, as well as LabX, a laboratory software platform to manage and analyze data generated by its instruments and automate workflows. It also provides industrial instruments comprising industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detectors, x-ray systems, checkweighers, and camera-based imaging equipment. In addition, the company offers retail weighing solutions consisting of weighing and software solutions, AI-driven image recognition solutions for fresh goods, and automated packaging and labeling solutions for the meat backroom. The company serves pharmaceutical and biotech companies, independent research organizations, and testing labs; food manufacturers and retailers; chemical, specialty chemicals, and cosmetics companies; transportation and logistics, metals, and electronics industries; and academic community through its direct sales force and indirect distribution channels. Mettler-Toledo International Inc. was incorporated in 1991 and is headquartered in Greifensee, Switzerland.
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