Hsbc Holdings PLC Raises Stock Position in Mettler-Toledo International, Inc. $MTD

Hsbc Holdings PLC lifted its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 75,775 shares of the medical instruments supplier’s stock after buying an additional 6,626 shares during the period. Hsbc Holdings PLC’s holdings in Mettler-Toledo International were worth $105,595,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Capital International Investors lifted its holdings in shares of Mettler-Toledo International by 12.7% in the 4th quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock valued at $1,351,064,000 after acquiring an additional 109,508 shares during the last quarter. Alliancebernstein L.P. grew its position in Mettler-Toledo International by 10.7% in the third quarter. Alliancebernstein L.P. now owns 793,927 shares of the medical instruments supplier’s stock worth $974,633,000 after acquiring an additional 76,478 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Mettler-Toledo International by 0.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock worth $964,174,000 after acquiring an additional 3,157 shares during the last quarter. Geode Capital Management LLC raised its position in Mettler-Toledo International by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock valued at $830,879,000 after purchasing an additional 14,106 shares during the period. Finally, Norges Bank purchased a new stake in Mettler-Toledo International during the fourth quarter valued at approximately $520,989,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Mettler-Toledo International Price Performance

Shares of NYSE MTD opened at $1,307.91 on Friday. The company has a market cap of $26.43 billion, a P/E ratio of 30.67, a PEG ratio of 2.73 and a beta of 1.24. Mettler-Toledo International, Inc. has a 1 year low of $1,023.05 and a 1 year high of $1,525.17. The firm has a 50-day simple moving average of $1,175.53 and a two-hundred day simple moving average of $1,290.11.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating analysts’ consensus estimates of $8.70 by $0.21. The firm had revenue of $947.13 million for 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 company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. As a group, equities research analysts expect that Mettler-Toledo International, Inc. will post 46.6 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MTD shares. JPMorgan Chase & Co. lowered 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 note on Monday, May 11th. Morgan Stanley cut their target price on Mettler-Toledo International from $1,475.00 to $1,275.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Jefferies Financial Group upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and raised their price target for the stock from $1,400.00 to $1,450.00 in a research report on Friday, March 20th. Wolfe Research initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, June 2nd. They set a “peer perform” rating for the company. Finally, Citigroup dropped 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 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $1,408.55.

Mettler-Toledo International 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.