SG Americas Securities LLC boosted its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 379.3% during the first quarter, Holdings Channel reports. The fund owned 28,393 shares of the medical instruments supplier’s stock after acquiring an additional 22,469 shares during the period. SG Americas Securities LLC’s holdings in Mettler-Toledo International were worth $35,809,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its position in shares of Mettler-Toledo International by 9.6% during the fourth quarter. Hsbc Holdings PLC now owns 75,775 shares of the medical instruments supplier’s stock worth $105,595,000 after purchasing an additional 6,626 shares in the last quarter. World Investment Advisors increased its holdings in shares of Mettler-Toledo International by 1.9% in the fourth quarter. World Investment Advisors now owns 2,805 shares of the medical instruments supplier’s stock valued at $3,911,000 after purchasing an additional 53 shares in the last quarter. AG Campbell Advisory LLC bought a new position in Mettler-Toledo International in the 4th quarter worth approximately $1,436,000. Pure Financial Advisors LLC acquired a new position in Mettler-Toledo International during the 4th quarter worth $228,000. Finally, Rehmann Capital Advisory Group bought a new position in Mettler-Toledo International in the 4th quarter valued at $227,000. Institutional investors and hedge funds own 95.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on MTD shares. Morgan Stanley lowered their target price on 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. Wolfe Research began coverage on Mettler-Toledo International in a report on Tuesday, June 2nd. They issued a “peer perform” rating on the stock. Barclays lowered 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. Jefferies Financial Group upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and upped their target price for the company from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Finally, Citigroup reduced their target price 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. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1,408.55.
Mettler-Toledo International Stock Down 0.7%
MTD stock opened at $1,155.62 on Wednesday. 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 market cap of $23.36 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 2.43 and a beta of 1.27. The business’s fifty day moving average is $1,184.09 and its 200-day moving average is $1,296.70.
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 EPS for the quarter, topping analysts’ consensus estimates of $8.70 by $0.21. The business had revenue of $947.13 million during 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 firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm 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 anticipate that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal year.
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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