Mettler-Toledo International (NYSE:MTD – Get Free Report) issued its quarterly earnings results on Thursday. The medical instruments supplier reported $11.46 EPS for the quarter, topping analysts’ consensus estimates of $10.80 by $0.66, Zacks reports. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates 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’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company posted $10.09 earnings per share. Mettler-Toledo International updated its FY 2026 guidance to 47.150-47.500 EPS and its Q3 2026 guidance to 12.000-12.150 EPS.
Mettler-Toledo International Stock Down 0.7%
Shares of MTD stock traded down $9.63 on Thursday, reaching $1,378.70. The company’s stock had a trading volume of 203,522 shares, compared to its average volume of 152,613. The company has a market capitalization of $27.86 billion, a P/E ratio of 32.33, a PEG ratio of 2.90 and a beta of 1.24. Mettler-Toledo International has a 12-month low of $1,023.05 and a 12-month high of $1,525.17. The stock’s 50 day simple moving average is $1,231.02 and its 200-day simple moving average is $1,275.04.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on MTD shares. 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 note on Tuesday, April 14th. Citigroup cut 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 report on Friday, May 8th. Wolfe Research began coverage on shares of Mettler-Toledo International in a research report on Tuesday, June 2nd. They set a “peer perform” rating for the company. Robert W. Baird dropped their price objective 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. Finally, Wall Street Zen downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Six research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Mettler-Toledo International currently has a consensus rating of “Hold” and a consensus price target of $1,408.55.
Institutional Investors Weigh In On Mettler-Toledo International
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Compound Planning Inc. bought a new position in shares of Mettler-Toledo International in the 4th quarter worth $279,000. Invesco Ltd. lifted its holdings in shares of Mettler-Toledo International by 24.5% during the 4th quarter. Invesco Ltd. now owns 235,342 shares of the medical instruments supplier’s stock worth $328,111,000 after acquiring an additional 46,342 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of 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 acquiring an additional 28,642 shares during the last quarter. Strive Financial Group LLC purchased a new position in Mettler-Toledo International in the fourth quarter worth $1,962,000. Finally, Mercer Global Advisors Inc. ADV increased its stake in Mettler-Toledo International by 43.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 812 shares of the medical instruments supplier’s stock valued at $1,131,000 after acquiring an additional 246 shares during the last quarter. 95.07% of the stock is owned by hedge funds and other 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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