PNC Financial Services Group Inc. increased its stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 10.2% in the first quarter, Holdings Channel reports. The firm owned 4,806 shares of the medical instruments supplier’s stock after purchasing 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 & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Reflection Asset Management purchased a new position in shares of Mettler-Toledo International in the fourth quarter worth $26,000. Whipplewood Advisors LLC purchased a new stake in shares of Mettler-Toledo International during the first quarter valued at $25,000. Elyxium Wealth LLC purchased a new stake in shares of Mettler-Toledo International during the fourth quarter valued at $29,000. DV Equities LLC acquired a new position in shares of Mettler-Toledo International in the 4th quarter valued at $40,000. Finally, Root Financial Partners LLC increased its position in shares of Mettler-Toledo International by 45.5% in the 1st quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock valued at $40,000 after acquiring an additional 10 shares during the period. Institutional investors and hedge funds own 95.07% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have commented on MTD. Weiss Ratings cut Mettler-Toledo International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 21st. Barclays cut their price objective on Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Citigroup reduced their price objective on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a research note 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. Finally, Wolfe Research started coverage on Mettler-Toledo International in a research report on Tuesday, June 2nd. They issued a “peer perform” rating on the stock. Six 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 has a consensus rating of “Hold” and an average price target of $1,408.55.
Mettler-Toledo International Price Performance
Shares of Mettler-Toledo International stock opened at $1,328.82 on Monday. The stock has a market cap 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 firm has a fifty day moving average price of $1,207.11 and a 200 day moving average price of $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 – Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $947.13 million for the quarter, compared to analyst estimates of $943.14 million. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, equities analysts expect that Mettler-Toledo International, Inc. will post 46.63 EPS 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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