Citigroup Cuts Mettler-Toledo International (NYSE:MTD) Price Target to $1,550.00

Key Points

• Citigroup lowered its price target on Mettler-Toledo International from $1,700 to $1,550, while keeping a buy rating. The new target still implies about 38% upside from the stock’s current price.
• The stock dropped 14.9% on Friday to $1,123.08, after trading as low as $1,079.34. It also saw unusually heavy volume compared with its average trading level.
• Mettler-Toledo reported better-than-expected quarterly results, with EPS of $8.91 and revenue of $947.13 million, and reaffirmed guidance for FY 2026. Analyst sentiment remains mixed overall, with a consensus rating of Moderate Buy.

Mettler-Toledo International (NYSE:MTD - Get Free Report) had its price objective reduced by Citigroup from $1,700.00 to $1,550.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the medical instruments supplier's stock. Citigroup's price target would suggest a potential upside of 38.01% from the stock's current price.

Several other equities analysts also recently commented on the stock. Morgan Stanley decreased their price target on shares of Mettler-Toledo International from $1,550.00 to $1,475.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 10th. Wall Street Zen upgraded shares of Mettler-Toledo International from a "hold" rating to a "buy" rating in a research note on Saturday, February 14th. Jefferies Financial Group upgraded shares of Mettler-Toledo International from a "hold" rating to a "buy" rating and upped their price target for the company from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Finally, Barclays decreased their price target on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 14th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of "Moderate Buy" and a consensus target price of $1,447.08.

Mettler-Toledo International Trading Down 14.9%

Shares of NYSE:MTD traded down $196.21 on Friday, hitting $1,123.08. The company had a trading volume of 536,457 shares, compared to its average volume of 155,064. Mettler-Toledo International has a 1-year low of $1,079.34 and a 1-year high of $1,525.17. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 26.66, a P/E/G ratio of 2.78 and a beta of 1.31. The stock has a 50 day moving average price of $1,276.49 and a 200 day moving average price of $1,367.66.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 EPS for the quarter, beating the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.59% and a negative return on equity of 495.07%. The business had revenue of $947.13 million for the quarter, compared to the consensus estimate of $943.14 million. During the same period in the prior year, the company posted $8.19 earnings per share. Mettler-Toledo International's revenue was up 7.2% compared to the same quarter last year. 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. Sell-side analysts anticipate that Mettler-Toledo International will post 46.51 earnings per share for the current fiscal year.

Insider Transactions at Mettler-Toledo International

In other Mettler-Toledo International news, CFO Shawn Vadala sold 800 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $1,410.12, for a total transaction of $1,128,096.00. Following the sale, the chief financial officer directly owned 5,288 shares in the company, valued at $7,456,714.56. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.71% of the stock is owned by insiders.

Institutional Investors Weigh In On Mettler-Toledo International

A number of large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in Mettler-Toledo International by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 294 shares of the medical instruments supplier's stock worth $361,000 after buying an additional 7 shares in the last quarter. Allworth Financial LP grew its stake in Mettler-Toledo International by 6.1% during the third quarter. Allworth Financial LP now owns 121 shares of the medical instruments supplier's stock worth $149,000 after buying an additional 7 shares in the last quarter. Versant Capital Management Inc grew its stake in Mettler-Toledo International by 42.1% during the third quarter. Versant Capital Management Inc now owns 27 shares of the medical instruments supplier's stock worth $33,000 after buying an additional 8 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in Mettler-Toledo International by 4.0% during the third quarter. Valeo Financial Advisors LLC now owns 207 shares of the medical instruments supplier's stock worth $254,000 after buying an additional 8 shares in the last quarter. Finally, Meridian Wealth Management LLC grew its stake in Mettler-Toledo International by 1.7% during the third quarter. Meridian Wealth Management LLC now owns 480 shares of the medical instruments supplier's stock worth $589,000 after buying an additional 8 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.

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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