iA Global Asset Management Inc. bought a new stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 481 shares of the medical instruments supplier’s stock, valued at approximately $671,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its stake in Mettler-Toledo International by 42.1% in the third quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier’s stock valued at $33,000 after acquiring an additional 8 shares during the period. Root Financial Partners LLC acquired a new position in Mettler-Toledo International in the third quarter valued at about $42,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Mettler-Toledo International in the fourth quarter valued at about $56,000. Quantbot Technologies LP acquired a new position in Mettler-Toledo International in the third quarter valued at about $49,000. Finally, State of Wyoming acquired a new position in Mettler-Toledo International in the second quarter valued at about $58,000. 95.07% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
MTD has been the subject of a number of research analyst reports. Wall Street Zen cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their price objective for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. JPMorgan Chase & Co. reduced their price objective on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. 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 report on Friday, May 8th. Finally, Barclays reduced their price objective 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. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,403.67.
Mettler-Toledo International Stock Performance
MTD opened at $1,076.69 on Tuesday. Mettler-Toledo International, Inc. has a 52-week low of $1,023.05 and a 52-week high of $1,525.17. The firm has a market capitalization of $21.76 billion, a PE ratio of 25.25, a PEG ratio of 2.15 and a beta of 1.31. The business’s 50-day simple moving average is $1,239.30 and its 200 day simple moving average is $1,350.99.
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, topping the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business had revenue of $947.13 million for the quarter, compared to analyst estimates of $943.14 million. During the same quarter in the prior year, the company posted $8.19 earnings per share. Mettler-Toledo International’s revenue was up 7.2% on a year-over-year basis. 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, research analysts forecast that Mettler-Toledo International, Inc. will post 46.61 earnings per share for the current year.
About Mettler-Toledo International
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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