Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) during the first quarter, HoldingsChannel reports. The fund purchased 20,910 shares of the medical instruments supplier’s stock, valued at approximately $26,372,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in MTD. Capital International Investors grew its holdings in Mettler-Toledo International by 12.7% during the 4th quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock valued at $1,351,064,000 after buying an additional 109,508 shares in the last quarter. T. Rowe Price Investment Management Inc. raised 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 valued at $964,174,000 after buying an additional 3,157 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Mettler-Toledo International by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock worth $830,879,000 after buying an additional 14,106 shares in the last quarter. Norges Bank purchased a new position in shares of Mettler-Toledo International in the fourth quarter worth $520,989,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Mettler-Toledo International by 0.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 272,829 shares of the medical instruments supplier’s stock worth $380,375,000 after acquiring an additional 1,052 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently weighed in on MTD shares. Barclays cut their target price on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their price objective for the company from $1,400.00 to $1,450.00 in a report on Friday, March 20th. Stifel Nicolaus cut their price objective on Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Wolfe Research began coverage on Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating on the stock. Finally, Morgan Stanley decreased their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Mettler-Toledo International currently has a consensus rating of “Hold” and an average target price of $1,408.55.
Mettler-Toledo International Stock Performance
Shares of MTD opened at $1,336.52 on Friday. The stock has a market capitalization of $27.01 billion, a PE ratio of 31.34, a P/E/G ratio of 2.75 and a beta of 1.24. The company’s fifty day moving average is $1,178.27 and its 200 day moving average is $1,282.55. Mettler-Toledo International, Inc. has a fifty-two week low of $1,023.05 and a fifty-two week high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating 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 analyst estimates of $943.14 million. During the same quarter last year, the business earned $8.19 earnings per share. Mettler-Toledo International’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. As a group, research analysts forecast that Mettler-Toledo International, Inc. will post 46.63 earnings per share 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.
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