Mettler-Toledo International (NYSE:MTD – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 12.000-12.150 for the period, compared to the consensus earnings per share estimate of 12.120. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Mettler-Toledo International also updated its FY 2026 guidance to 47.150-47.500 EPS.
Analysts Set New Price Targets
A number of brokerages recently issued reports on MTD. Barclays decreased their price objective on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Weiss Ratings cut shares of Mettler-Toledo International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, July 21st. Citigroup lowered their price objective on shares of 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. Wolfe Research began coverage on Mettler-Toledo International in a research note on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Finally, JPMorgan Chase & Co. reduced their target price on 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. Six equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $1,408.55.
Check Out Our Latest Analysis on Mettler-Toledo International
Mettler-Toledo International Price Performance
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The medical instruments supplier reported $11.46 earnings per share for the quarter, topping the consensus estimate of $10.80 by $0.66. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.Mettler-Toledo International has set its FY 2026 guidance at 47.150-47.500 EPS and its Q3 2026 guidance at 12.000-12.150 EPS. As a group, equities research analysts forecast that Mettler-Toledo International will post 46.63 earnings per share for the current year.
Hedge Funds Weigh In On Mettler-Toledo International
Several hedge funds have recently made changes to their positions in MTD. Compound Planning Inc. acquired a new position in Mettler-Toledo International during the fourth quarter worth $279,000. Invesco Ltd. increased its stake in Mettler-Toledo International by 24.5% in the 4th quarter. Invesco Ltd. now owns 235,342 shares of the medical instruments supplier’s stock valued at $328,111,000 after buying an additional 46,342 shares during the last quarter. Corient Private Wealth LLC lifted its position in Mettler-Toledo International by 44.5% during the 4th quarter. Corient Private Wealth LLC now owns 93,054 shares of the medical instruments supplier’s stock worth $119,565,000 after buying an additional 28,642 shares in the last quarter. Strive Financial Group LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter worth about $1,962,000. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of Mettler-Toledo International by 43.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 812 shares of the medical instruments supplier’s stock worth $1,131,000 after buying an additional 246 shares during the last quarter. 95.07% of the stock is owned by institutional investors.
Mettler-Toledo International Company 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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