Clearbridge Investments LLC increased its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 41.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,153 shares of the medical instruments supplier’s stock after buying an additional 1,803 shares during the period. Clearbridge Investments LLC’s holdings in Mettler-Toledo International were worth $8,578,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in MTD. Elyxium Wealth LLC acquired a new position in Mettler-Toledo International during the fourth quarter worth $29,000. Quantbot Technologies LP acquired a new position in Mettler-Toledo International during the third quarter worth $49,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Mettler-Toledo International in the fourth quarter valued at $56,000. State of Wyoming acquired a new position in shares of Mettler-Toledo International in the second quarter valued at $58,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Mettler-Toledo International in the third quarter valued at $61,000. 95.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have commented on MTD. Stifel Nicolaus decreased their price objective on shares of Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Barclays decreased their price objective on shares of 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. Robert W. Baird decreased their price objective on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. JPMorgan Chase & Co. decreased their price objective on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Citigroup decreased 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 report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $1,408.55.
Mettler-Toledo International Stock Down 2.3%
MTD opened at $1,136.21 on Thursday. Mettler-Toledo International, Inc. has a twelve month low of $1,023.05 and a twelve month high of $1,525.17. The company has a 50-day simple moving average of $1,209.24 and a 200 day simple moving average of $1,317.23. The stock has a market capitalization of $22.96 billion, a price-to-earnings ratio of 26.65, a P/E/G ratio of 2.42 and a beta of 1.27.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share 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 business had revenue of $947.13 million during the quarter, compared to analysts’ expectations of $943.14 million. During the same quarter in the prior year, the business posted $8.19 earnings per share. Mettler-Toledo International’s revenue was up 7.2% compared to the same quarter last year. 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. Sell-side analysts anticipate that Mettler-Toledo International, Inc. will post 46.6 EPS for the current fiscal 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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