Mettler-Toledo International Inc. (NYSE:MTD) EVP William P. Donnelly sold 6,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $612.35, for a total transaction of $3,674,100.00. Following the completion of the sale, the executive vice president now directly owns 4,500 shares in the company, valued at approximately $2,755,575. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Mettler-Toledo International Inc. (NYSE:MTD) traded up $6.47 during midday trading on Wednesday, reaching $620.16. 108,401 shares of the company traded hands, compared to its average volume of 172,624. The firm has a market cap of $15,637.01, a P/E ratio of 43.10, a price-to-earnings-growth ratio of 2.55 and a beta of 1.08. The company has a current ratio of 1.46, a quick ratio of 1.09 and a debt-to-equity ratio of 1.75. Mettler-Toledo International Inc. has a 1-year low of $460.26 and a 1-year high of $697.26.
Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $5.93 by $0.04. The business had revenue of $778.03 million for the quarter, compared to the consensus estimate of $764.26 million. Mettler-Toledo International had a net margin of 13.80% and a return on equity of 94.54%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.28 EPS. research analysts predict that Mettler-Toledo International Inc. will post 20.1 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of MTD. Renaissance Technologies LLC lifted its position in Mettler-Toledo International by 201.0% during the 4th quarter. Renaissance Technologies LLC now owns 210,100 shares of the medical instruments supplier’s stock worth $130,161,000 after buying an additional 140,300 shares in the last quarter. First Manhattan Co. lifted its position in Mettler-Toledo International by 98,611.4% during the 4th quarter. First Manhattan Co. now owns 86,866 shares of the medical instruments supplier’s stock worth $53,815,000 after buying an additional 86,778 shares in the last quarter. APG Asset Management N.V. lifted its position in Mettler-Toledo International by 888.1% during the 3rd quarter. APG Asset Management N.V. now owns 60,502 shares of the medical instruments supplier’s stock worth $37,884,000 after buying an additional 54,379 shares in the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in Mettler-Toledo International during the 4th quarter worth about $31,608,000. Finally, Eagle Asset Management Inc. acquired a new position in Mettler-Toledo International during the 3rd quarter worth about $30,957,000. Institutional investors and hedge funds own 91.79% of the company’s stock.
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.
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