Capital Group Investment Management PTE. LTD. increased its holdings in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 30.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,282 shares of the medical instruments supplier’s stock after acquiring an additional 530 shares during the period. Capital Group Investment Management PTE. LTD.’s holdings in Mettler-Toledo International were worth $3,182,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in Mettler-Toledo International in the fourth quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Mettler-Toledo International in the fourth quarter worth approximately $56,000. Quantbot Technologies LP purchased a new position in Mettler-Toledo International in the third quarter worth approximately $49,000. State of Wyoming purchased a new position in Mettler-Toledo International in the second quarter worth approximately $58,000. Finally, Kelleher Financial Advisors purchased a new position in Mettler-Toledo International in the third quarter worth approximately $61,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on MTD. Wall Street Zen lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Robert W. Baird lowered their price objective on 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. Stifel Nicolaus lowered 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. Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and raised their price target for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Finally, Barclays lowered their price target on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $1,408.55.
Mettler-Toledo International Trading Down 2.2%
Shares of NYSE MTD opened at $1,153.99 on Friday. The stock has a market cap of $23.32 billion, a P/E ratio of 27.06, a PEG ratio of 2.41 and a beta of 1.27. The business’s fifty day simple moving average is $1,215.48 and its 200-day simple moving average is $1,323.08. Mettler-Toledo International, Inc. has a 12-month low of $1,023.05 and a 12-month high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last released its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. The firm had revenue of $947.13 million during the quarter, compared to analyst estimates of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.Mettler-Toledo International’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $8.19 earnings per share. 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. On average, equities analysts forecast that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal year.
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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