William P. Donnelly Sells 5,000 Shares of Mettler-Toledo International, Inc. (MTD) Stock

Mettler-Toledo International, Inc. (NYSE:MTD) EVP William P. Donnelly sold 5,000 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $632.14, for a total value of $3,160,700.00. Following the completion of the sale, the executive vice president now directly owns 6,000 shares of the company’s stock, valued at $3,792,840. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Mettler-Toledo International, Inc. (NYSE MTD) opened at $627.62 on Wednesday. Mettler-Toledo International, Inc. has a 12-month low of $407.87 and a 12-month high of $694.48. The stock has a market capitalization of $16,163.96, a price-to-earnings ratio of 37.39, a PEG ratio of 2.89 and a beta of 1.13. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share (EPS) for the quarter, beating the 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 firm had revenue of $698.80 million during the quarter, compared to analyst estimates of $685.56 million. During the same period last year, the firm posted $3.89 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. sell-side analysts predict that Mettler-Toledo International, Inc. will post 17.52 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio increased its position in shares of Mettler-Toledo International by 13.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 12,613 shares of the medical instruments supplier’s stock valued at $7,898,000 after purchasing an additional 1,447 shares during the last quarter. Coastline Trust Co increased its position in shares of Mettler-Toledo International by 16.2% during the 3rd quarter. Coastline Trust Co now owns 575 shares of the medical instruments supplier’s stock valued at $360,000 after purchasing an additional 80 shares during the last quarter. IFM Investors Pty Ltd purchased a new stake in shares of Mettler-Toledo International during the 3rd quarter valued at $237,000. California Public Employees Retirement System increased its position in shares of 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 purchasing an additional 4,445 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. increased its position in shares of Mettler-Toledo International by 38.8% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 633 shares of the medical instruments supplier’s stock valued at $396,000 after purchasing an additional 177 shares during the last quarter. 93.38% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently commented on MTD. BidaskClub raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Zacks Investment Research lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a $690.00 price target on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Jefferies Group LLC reissued a “hold” rating and issued a $550.00 price target on shares of Mettler-Toledo International in a research report on Thursday, July 27th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $535.00 price target (down from $565.00) on shares of Mettler-Toledo International in a research report on Friday, October 6th. Five 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 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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