Mettler-Toledo International Inc. (MTD) EVP William P. Donnelly Sells 6,000 Shares

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.

Several equities research analysts have recently weighed in on the stock. Robert W. Baird lowered their target price on shares of Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating on the stock in a report on Friday, February 9th. Morgan Stanley upped their target price on shares of Mettler-Toledo International from $550.00 to $580.00 and gave the stock an “equal weight” rating in a report on Friday, February 9th. Citigroup raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and upped their target price for the stock from $685.00 to $692.00 in a report on Friday, February 9th. Barclays assumed coverage on shares of Mettler-Toledo International in a report on Thursday, January 4th. They issued an “equal weight” rating and a $625.00 target price on the stock. Finally, Evercore ISI assumed coverage on shares of Mettler-Toledo International in a report on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $651.44.

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.

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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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