Citigroup Cuts Mettler-Toledo International (NYSE:MTD) Price Target to $1,550.00

Mettler-Toledo International (NYSE:MTDFree Report) had its target price trimmed by Citigroup from $1,700.00 to $1,550.00 in a report released on Friday,Benzinga reports. The firm currently has a buy rating on the medical instruments supplier’s stock.

A number of other research firms have also recently commented on MTD. Wall Street Zen upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Morgan Stanley cut their target price on Mettler-Toledo International from $1,550.00 to $1,475.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and boosted their target price for the company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Finally, Barclays cut their target price on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,447.08.

Read Our Latest Report on Mettler-Toledo International

Mettler-Toledo International Stock Performance

MTD opened at $1,123.08 on Friday. Mettler-Toledo International has a one year low of $1,079.34 and a one year high of $1,525.17. The stock has a market capitalization of $22.74 billion, a PE ratio of 26.34, a P/E/G ratio of 2.36 and a beta of 1.31. The business’s 50 day moving average price is $1,276.49 and its 200 day moving average price is $1,367.66.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data 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. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The firm had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. During the same period in the prior year, the firm posted $8.19 earnings per share. The firm’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, equities research analysts forecast that Mettler-Toledo International will post 46.54 earnings per share for the current fiscal year.

Insider Transactions at Mettler-Toledo International

In other Mettler-Toledo International news, CFO Shawn Vadala sold 800 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $1,410.12, for a total value of $1,128,096.00. Following the sale, the chief financial officer owned 5,288 shares of the company’s stock, valued at $7,456,714.56. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.71% of the stock is currently owned by insiders.

Institutional Trading of Mettler-Toledo International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTD. Vanguard Group Inc. increased its position in shares of Mettler-Toledo International by 1.3% during the third quarter. Vanguard Group Inc. now owns 2,591,173 shares of the medical instruments supplier’s stock worth $3,180,950,000 after acquiring an additional 34,466 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 worth $1,351,064,000 after acquiring an additional 109,508 shares during the period. Alliancebernstein L.P. increased its position in shares of Mettler-Toledo International by 10.7% during the third quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock worth $974,633,000 after acquiring an additional 76,478 shares during the period. T. Rowe Price Investment Management Inc. increased its position in shares of Mettler-Toledo International by 0.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock worth $964,174,000 after acquiring an additional 3,157 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Mettler-Toledo International by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock worth $830,879,000 after acquiring an additional 14,106 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

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About Mettler-Toledo International

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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.

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