Mettler-Toledo International (NYSE:MTD – Get Free Report)‘s stock had its “peer perform” rating reaffirmed by analysts at Wolfe Research in a report issued on Tuesday,Benzinga reports.
Other equities research analysts also recently issued research reports about the stock. Robert W. Baird dropped their target price on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Morgan Stanley dropped their target price on shares of 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. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Citigroup dropped their target price on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Stifel Nicolaus dropped their target price on shares of 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. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $1,408.55.
Get Our Latest Research Report on MTD
Mettler-Toledo International Price Performance
Mettler-Toledo International (NYSE:MTD – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (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 firm had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. During the same quarter in the previous year, the firm posted $8.19 EPS. 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. Analysts forecast that Mettler-Toledo International will post 46.6 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of MTD. Nordea Investment Management AB boosted its stake in Mettler-Toledo International by 11.9% during the 4th quarter. Nordea Investment Management AB now owns 157,457 shares of the medical instruments supplier’s stock valued at $220,718,000 after purchasing an additional 16,777 shares during the period. Citigroup Inc. boosted its stake in Mettler-Toledo International by 4.8% during the 3rd quarter. Citigroup Inc. now owns 65,033 shares of the medical instruments supplier’s stock valued at $79,835,000 after purchasing an additional 2,989 shares during the period. Machina Capital S.A.S. acquired a new position in Mettler-Toledo International during the 3rd quarter valued at about $1,186,000. Illinois Municipal Retirement Fund boosted its stake in Mettler-Toledo International by 21.6% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 7,854 shares of the medical instruments supplier’s stock valued at $9,642,000 after purchasing an additional 1,393 shares during the period. Finally, M&T Bank Corp boosted its stake in Mettler-Toledo International by 2,813.6% during the 4th quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock valued at $173,165,000 after purchasing an additional 119,942 shares during the period. 95.07% of the stock is owned by institutional investors and hedge funds.
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.
Read More
- Five stocks we like better than Mettler-Toledo International
- Palantir’s Drone Tailwind Puts Its Defense AI Story Back in Focus for Investors
- Why 1 Little-Known ETF Is Riding the AI Chip Shortage
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.
