William P. Donnelly Sells 10,000 Shares of Mettler-Toledo International, Inc. (MTD) Stock

Mettler-Toledo International, Inc. (NYSE:MTD) insider William P. Donnelly sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $630.02, for a total value of $6,300,200.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

Mettler-Toledo International, Inc. (NYSE MTD) traded up $5.31 on Friday, reaching $630.50. The company had a trading volume of 137,100 shares, compared to its average volume of 158,736. Mettler-Toledo International, Inc. has a one year low of $407.87 and a one year high of $694.48. The company has a current ratio of 1.51, a quick ratio of 1.11 and a debt-to-equity ratio of 2.05. The stock has a market cap of $16,080.00, a PE ratio of 36.99, a P/E/G ratio of 2.86 and a beta of 1.13.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.32 by $0.04. Mettler-Toledo International had a return on equity of 96.81% and a net margin of 16.44%. The company had revenue of $698.80 million during the quarter, compared to analysts’ expectations of $685.56 million. During the same quarter in the previous year, the business earned $3.89 EPS. Mettler-Toledo International’s revenue was up 7.4% compared to the same quarter last year. sell-side analysts anticipate that Mettler-Toledo International, Inc. will post 17.52 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. IFM Investors Pty Ltd purchased a new position in Mettler-Toledo International during the 3rd quarter valued at $237,000. California Public Employees Retirement System boosted its holdings in Mettler-Toledo International by 6.3% during the 3rd quarter. California Public Employees Retirement System now owns 75,445 shares of the medical instruments supplier’s stock valued at $47,241,000 after acquiring an additional 4,445 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Mettler-Toledo International by 38.8% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 633 shares of the medical instruments supplier’s stock worth $396,000 after buying an additional 177 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in shares of Mettler-Toledo International by 41.0% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 1,733 shares of the medical instruments supplier’s stock worth $1,085,000 after buying an additional 504 shares during the period. Finally, Zions Bancorporation lifted its holdings in shares of Mettler-Toledo International by 7,716.7% in the 3rd quarter. Zions Bancorporation now owns 469 shares of the medical instruments supplier’s stock worth $294,000 after buying an additional 463 shares during the period. Institutional investors own 93.52% of the company’s stock.

MTD has been the topic of several analyst reports. Zacks Investment Research raised Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $684.00 target price on the stock in a research report on Friday, July 21st. Morgan Stanley reissued an “equal weight” rating and set a $565.00 target price (up previously from $533.00) on shares of Mettler-Toledo International in a research report on Saturday, July 22nd. Jefferies Group LLC reissued a “hold” rating and set a $550.00 target price on shares of Mettler-Toledo International in a research report on Thursday, July 27th. BidaskClub downgraded Mettler-Toledo International from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Finally, The Goldman Sachs Group, Inc. reissued a “buy” rating and set a $690.00 target price on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $621.57.

Mettler-Toledo International Company Profile

Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.

Insider Buying and Selling by Quarter for Mettler-Toledo International (NYSE:MTD)

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