PNC Financial Services Group Inc. Buys 444 Shares of Mettler-Toledo International, Inc. $MTD

PNC Financial Services Group Inc. raised its stake in Mettler-Toledo International, Inc. (NYSE:MTD) by 10.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,806 shares of the medical instruments supplier’s stock after buying an additional 444 shares during the period. PNC Financial Services Group Inc.’s holdings in Mettler-Toledo International were worth $6,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in MTD. Reflection Asset Management bought a new stake in shares of Mettler-Toledo International during the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC bought a new position in Mettler-Toledo International in the first quarter worth approximately $25,000. Elyxium Wealth LLC purchased a new position in Mettler-Toledo International during the 4th quarter worth $29,000. DV Equities LLC bought a new stake in Mettler-Toledo International during the 4th quarter valued at $40,000. Finally, Root Financial Partners LLC raised its position in Mettler-Toledo International by 45.5% during the 1st quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock valued at $40,000 after purchasing an additional 10 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.

Mettler-Toledo International Price Performance

MTD opened at $1,328.82 on Monday. The firm has a market capitalization of $26.86 billion, a PE ratio of 31.16, a price-to-earnings-growth ratio of 2.77 and a beta of 1.24. The business’s 50-day moving average is $1,207.11 and its two-hundred day moving average is $1,277.89. Mettler-Toledo International, Inc. has a 1 year low of $1,023.05 and a 1 year high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. The business had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business earned $8.19 EPS. 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, sell-side analysts expect that Mettler-Toledo International, Inc. will post 46.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MTD shares. Citigroup dropped their price target on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Stifel Nicolaus lowered their price objective 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 note on Monday, May 18th. Wolfe Research began coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Finally, JPMorgan Chase & Co. cut their target price on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,408.55.

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.