Franklin Resources Inc. reduced its stake in Mettler-Toledo International, Inc. (NYSE:MTD – Free Report) by 9.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 266,662 shares of the medical instruments supplier’s stock after selling 28,238 shares during the period. Franklin Resources Inc.’s holdings in Mettler-Toledo International were worth $371,778,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Mettler-Toledo International by 83.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 66 shares of the medical instruments supplier’s stock valued at $78,000 after acquiring an additional 30 shares during the period. Baird Financial Group Inc. increased its holdings in Mettler-Toledo International by 3.1% in the 2nd quarter. Baird Financial Group Inc. now owns 1,347 shares of the medical instruments supplier’s stock valued at $1,582,000 after purchasing an additional 40 shares during the last quarter. Jump Financial LLC increased its holdings in Mettler-Toledo International by 44.6% in the 2nd quarter. Jump Financial LLC now owns 405 shares of the medical instruments supplier’s stock valued at $476,000 after purchasing an additional 125 shares during the last quarter. Cerity Partners LLC raised its position in Mettler-Toledo International by 10.8% in the second quarter. Cerity Partners LLC now owns 4,035 shares of the medical instruments supplier’s stock valued at $4,740,000 after purchasing an additional 392 shares during the period. Finally, AXA S.A. lifted its stake in Mettler-Toledo International by 2.9% during the second quarter. AXA S.A. now owns 4,625 shares of the medical instruments supplier’s stock worth $5,433,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 95.07% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on MTD shares. Jefferies Financial Group raised Mettler-Toledo International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Barclays lowered 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 research note on Tuesday, April 14th. Robert W. Baird cut their target price on shares of 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. JPMorgan Chase & Co. decreased their price target on shares of 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. Finally, Wolfe Research initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $1,408.55.
Mettler-Toledo International Stock Performance
Shares of Mettler-Toledo International stock opened at $1,139.04 on Tuesday. The business has a 50-day simple moving average of $1,212.95 and a 200-day simple moving average of $1,320.79. Mettler-Toledo International, Inc. has a one year low of $1,023.05 and a one year high of $1,525.17. The company has a market cap of $23.02 billion, a PE ratio of 26.71, a P/E/G ratio of 2.41 and a beta of 1.27.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $943.14 million. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter 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. On average, sell-side analysts predict that Mettler-Toledo International, Inc. will post 46.6 earnings per share for the current fiscal 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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