KBC Group NV lowered its stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 25.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,016 shares of the medical instruments supplier’s stock after selling 2,073 shares during the period. KBC Group NV’s holdings in Mettler-Toledo International were worth $7,587,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Whipplewood Advisors LLC bought a new stake in Mettler-Toledo International in the 1st quarter valued at $25,000. Reflection Asset Management acquired a new stake in shares of Mettler-Toledo International in the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter valued at about $29,000. Root Financial Partners LLC boosted its position in shares of Mettler-Toledo International by 45.5% during the first quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock worth $40,000 after buying an additional 10 shares during the period. Finally, DV Equities LLC bought a new position in shares of Mettler-Toledo International during the fourth quarter worth about $40,000. Institutional investors own 95.07% of the company’s stock.
Analysts Set New Price Targets
Several research firms have commented on MTD. Robert W. Baird cut their target price on 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. Weiss Ratings reissued a “hold (c)” rating on shares of Mettler-Toledo International in a research report on Tuesday, July 7th. JPMorgan Chase & Co. reduced their target price on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Stifel Nicolaus lowered their price target on shares of Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Mettler-Toledo International presently has a consensus rating of “Hold” and an average target price of $1,408.55.
Mettler-Toledo International Stock Down 0.9%
MTD stock opened at $1,286.04 on Thursday. The business has a 50 day moving average price of $1,195.48 and a two-hundred day moving average price of $1,279.31. The company has a market cap of $25.99 billion, a price-to-earnings ratio of 30.16, a P/E/G ratio of 2.71 and a beta of 1.24. Mettler-Toledo International, Inc. has a twelve month low of $1,023.05 and a twelve month high of $1,525.17.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The company had revenue of $947.13 million for the quarter, compared to analysts’ expectations of $943.14 million. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $8.19 EPS. 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 research analysts anticipate that Mettler-Toledo International, Inc. will post 46.63 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.
See Also
- Five stocks we like better than Mettler-Toledo International
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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:MTD – Free Report).
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.
