474 Shares in Mettler-Toledo International, Inc. $MTD Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH bought a new stake in Mettler-Toledo International, Inc. (NYSE:MTD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 474 shares of the medical instruments supplier’s stock, valued at approximately $606,000.

Several other large investors also recently bought and sold shares of the business. XXEC Inc. acquired a new stake in shares of Mettler-Toledo International in the 2nd quarter worth $77,044,000. BlackRock Inc. purchased a new stake in Mettler-Toledo International in the second quarter valued at approximately $2,404,713,000. Capital International Investors lifted its stake in Mettler-Toledo International by 12.7% during the 4th quarter. Capital International Investors now owns 969,067 shares of the medical instruments supplier’s stock worth $1,351,064,000 after acquiring an additional 109,508 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Mettler-Toledo International by 0.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 691,565 shares of the medical instruments supplier’s stock valued at $964,174,000 after purchasing an additional 3,157 shares during the period. Finally, Geode Capital Management LLC boosted its position in Mettler-Toledo International by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 597,448 shares of the medical instruments supplier’s stock valued at $830,879,000 after buying an additional 14,106 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Insider Buying and Selling

In related news, Director Thomas P. Salice sold 417 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $1,440.41, for a total value of $600,650.97. Following the sale, the director owned 292 shares of the company’s stock, valued at approximately $420,599.72. This trade represents a 58.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shawn Vadala sold 2,240 shares of Mettler-Toledo International stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $1,432.00, for a total value of $3,207,680.00. Following the sale, the chief financial officer directly owned 5,579 shares in the company, valued at approximately $7,989,128. This trade represents a 28.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,312 shares of company stock valued at $4,750,362. Insiders own 0.71% of the company’s stock.

Mettler-Toledo International Stock Down 0.7%

Shares of NYSE MTD opened at $1,397.03 on Friday. The company has a market cap of $28.00 billion, a P/E ratio of 31.44, a P/E/G ratio of 2.89 and a beta of 1.23. The stock has a fifty day moving average price of $1,345.25 and a 200 day moving average price of $1,275.03. The company has a current ratio of 1.12, a quick ratio of 0.78 and a debt-to-equity ratio of 159.45. Mettler-Toledo International, Inc. has a 12-month low of $1,023.05 and a 12-month high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Friday, July 31st. The medical instruments supplier reported $11.46 earnings per share for the quarter, beating analysts’ consensus estimates of $10.78 by $0.68. Mettler-Toledo International had a net margin of 21.91% and a negative return on equity of 1,212.14%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the business earned $10.09 EPS. The business’s revenue was up 4.5% on a year-over-year basis. Research analysts anticipate that Mettler-Toledo International, Inc. will post 47.35 EPS for the current fiscal year.

Analyst Ratings Changes

MTD has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Mettler-Toledo International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 4th. Barclays increased their price objective on Mettler-Toledo International from $1,300.00 to $1,575.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Stifel Nicolaus boosted their price target on Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Citigroup reduced their price target on Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, Wolfe Research assumed coverage on Mettler-Toledo International in a research report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Six equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Mettler-Toledo International presently has an average rating of “Hold” and a consensus price target of $1,461.27.

Mettler-Toledo International Profile

Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.