Royal Bank of Canada trimmed its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 4.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,420 shares of the medical instruments supplier’s stock after selling 2,247 shares during the period. Royal Bank of Canada’s holdings in Mettler-Toledo International were worth $58,545,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Norges Bank purchased a new position in Mettler-Toledo International during the 4th quarter worth $520,989,000. M&T Bank Corp raised its holdings in Mettler-Toledo International by 2,813.6% in the fourth quarter. M&T Bank Corp now owns 124,205 shares of the medical instruments supplier’s stock worth $173,165,000 after purchasing an additional 119,942 shares in the last quarter. Capital International Investors lifted its position in 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 valued at $1,351,064,000 after acquiring an additional 109,508 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Mettler-Toledo International by 39,107.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,556 shares of the medical instruments supplier’s stock valued at $85,821,000 after purchasing an additional 61,399 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC boosted its holdings in Mettler-Toledo International by 4,990.0% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 48,253 shares of the medical instruments supplier’s stock worth $67,274,000 after acquiring an additional 47,305 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors.
Key Stories Impacting Mettler-Toledo International
Here are the key news stories impacting Mettler-Toledo International this week:
- Positive Sentiment: Quarterly earnings beat expectations: Adjusted EPS rose 14% year over year to $11.46, exceeding the $10.80 consensus estimate by $0.66. Revenue increased approximately 4% to $1.03 billion, in line with expectations, while reported EPS reached $11.55 versus $9.76 a year earlier. Mettler-Toledo Second-Quarter 2026 Results
- Positive Sentiment: Full-year outlook was raised: Mettler-Toledo now expects fiscal 2026 EPS of $47.15 to $47.50, above the prior consensus estimate of $46.64. The updated outlook supports expectations for continued earnings growth and helped strengthen the investment case. Mettler-Toledo Second-Quarter 2026 Results
- Positive Sentiment: Jefferies became more bullish: Jefferies Financial Group raised its price target from $1,400 to $1,580 and upgraded the stock to “buy,” implying roughly 11% upside from the referenced trading level. The upgrade provides additional positive analyst momentum. Benzinga analyst-upgrade report
- Neutral Sentiment: Third-quarter guidance was broadly in line: EPS guidance of $12.00 to $12.15 brackets the $12.12 consensus estimate, while revenue guidance of approximately $1.1 billion is consistent with expectations. This suggests steady performance but provides less of a near-term upside surprise than the full-year outlook.
Mettler-Toledo International Stock Performance
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted its earnings results on Thursday, July 30th. The medical instruments supplier reported $11.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.80 by $0.66. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.03 billion. Mettler-Toledo International had a negative return on equity of 872.07% and a net margin of 21.91%.Mettler-Toledo International’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.09 EPS. Mettler-Toledo International has set its FY 2026 guidance at 47.150-47.500 EPS and its Q3 2026 guidance at 12.000-12.150 EPS. As a group, equities research analysts forecast that Mettler-Toledo International, Inc. will post 47.25 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on MTD shares. 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. Citigroup dropped their price objective on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price target on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Wolfe Research initiated coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Finally, Morgan Stanley reduced their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of “Hold” and an average price target of $1,420.36.
Read Our Latest Stock Report on Mettler-Toledo International
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.
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