Mettler-Toledo International, Inc. (MTD) Insider Oliver A. Filliol Sells 15,000 Shares

Mettler-Toledo International, Inc. (NYSE:MTD) insider Oliver A. Filliol sold 15,000 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $631.51, for a total value of $9,472,650.00. Following the transaction, the insider now owns 31,279 shares in the company, valued at $19,753,001.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Mettler-Toledo International, Inc. (NYSE:MTD) traded up $3.73 during midday trading on Wednesday, hitting $615.98. The stock had a trading volume of 92,601 shares, compared to its average volume of 156,630. Mettler-Toledo International, Inc. has a twelve month low of $408.65 and a twelve month high of $694.48. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51. The firm has a market capitalization of $15,521.41, a PE ratio of 35.90, a P/E/G ratio of 2.77 and a beta of 1.09.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share 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 for the quarter, compared to analysts’ expectations of $685.56 million. During the same period last year, the firm earned $3.89 earnings per share. Mettler-Toledo International’s quarterly revenue was up 7.4% on a year-over-year basis. sell-side analysts expect that Mettler-Toledo International, Inc. will post 17.52 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Mettler-Toledo International by 2.9% in the second quarter. Vanguard Group Inc. now owns 2,621,389 shares of the medical instruments supplier’s stock valued at $1,542,792,000 after buying an additional 74,156 shares in the last quarter. BlackRock Inc. raised its stake in Mettler-Toledo International by 6.4% in the second quarter. BlackRock Inc. now owns 1,860,178 shares of the medical instruments supplier’s stock valued at $1,094,791,000 after buying an additional 112,029 shares in the last quarter. Koch Industries Inc. raised its stake in Mettler-Toledo International by 96,281.2% in the second quarter. Koch Industries Inc. now owns 696,836 shares of the medical instruments supplier’s stock valued at $696,000 after buying an additional 696,113 shares in the last quarter. Baillie Gifford & Co. raised its stake in Mettler-Toledo International by 4.9% in the second quarter. Baillie Gifford & Co. now owns 671,210 shares of the medical instruments supplier’s stock valued at $395,033,000 after buying an additional 31,597 shares in the last quarter. Finally, Fiera Capital Corp raised its stake in Mettler-Toledo International by 10.2% in the second quarter. Fiera Capital Corp now owns 642,431 shares of the medical instruments supplier’s stock valued at $378,096,000 after buying an additional 59,513 shares in the last quarter. Institutional investors own 91.76% of the company’s stock.

A number of research analysts have commented on MTD shares. Zacks Investment Research cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Goldman Sachs Group reiterated a “buy” rating and issued a $690.00 price objective on shares of Mettler-Toledo International in a research note on Tuesday, September 26th. Morgan Stanley increased their price objective on Mettler-Toledo International from $535.00 to $545.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. Robert W. Baird increased their price objective on Mettler-Toledo International from $605.00 to $675.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. Finally, Jefferies Group reiterated a “hold” rating and issued a $600.00 price objective on shares of Mettler-Toledo International in a research note on Friday, October 20th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $621.57.

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About Mettler-Toledo International

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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