Franklin Resources Inc. Decreases Holdings in Mettler-Toledo International, Inc. $MTD

Franklin Resources Inc. lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTDFree Report) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,662 shares of the medical instruments supplier’s stock after selling 28,238 shares during the period. Franklin Resources Inc. owned about 1.31% of Mettler-Toledo International worth $371,778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new position in shares of Mettler-Toledo International during the fourth quarter valued at approximately $29,000. Quantbot Technologies LP acquired a new stake in shares of Mettler-Toledo International in the third quarter worth approximately $49,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Mettler-Toledo International during the fourth quarter worth approximately $56,000. State of Wyoming purchased a new stake in shares of Mettler-Toledo International during the second quarter worth approximately $58,000. Finally, Kelleher Financial Advisors acquired a new position in Mettler-Toledo International in the 3rd quarter valued at $61,000. 95.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MTD has been the topic of several recent research reports. Robert W. Baird lowered their target price on shares of Mettler-Toledo International from $1,445.00 to $1,194.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Citigroup decreased their price target 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. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Morgan Stanley dropped their price objective on shares of Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Barclays decreased their target price on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. 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, Mettler-Toledo International currently has an average rating of “Hold” and a consensus target price of $1,408.55.

Get Our Latest Stock Report on MTD

Mettler-Toledo International Stock Down 1.3%

NYSE MTD opened at $1,139.04 on Tuesday. The business’s fifty day simple moving average is $1,212.95 and its 200-day simple moving average is $1,320.79. The firm has a market cap of $23.02 billion, a PE ratio of 26.71, a P/E/G ratio of 2.41 and a beta of 1.27. Mettler-Toledo International, Inc. has a 52 week low of $1,023.05 and a 52 week high of $1,525.17.

Mettler-Toledo International (NYSE:MTDGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.70 by $0.21. The firm had revenue of $947.13 million during 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%. Mettler-Toledo International’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business 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. Research analysts expect that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

Mettler-Toledo International Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mettler-Toledo International, Inc. (NYSE:MTDFree Report).

Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.