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

Mettler-Toledo International Inc. (NYSE:MTD) EVP William P. Donnelly sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $612.35, for a total value 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 $2,755,575. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Mettler-Toledo International Inc. (MTD) traded up $0.96 during trading on Thursday, reaching $625.63. The company’s stock had a trading volume of 47,763 shares, compared to its average volume of 171,214. The company has a quick ratio of 1.09, a current ratio of 1.46 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $16,020.00, a P/E ratio of 36.75, a PEG ratio of 2.54 and a beta of 1.08. Mettler-Toledo International Inc. has a 1 year low of $462.24 and a 1 year high of $697.26.

Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 EPS for the quarter, beating the consensus estimate of $5.93 by $0.04. The firm had revenue of $778.03 million during the quarter, compared to the consensus estimate of $764.26 million. Mettler-Toledo International had a return on equity of 94.54% and a net margin of 13.80%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company earned $5.28 earnings per share. equities research analysts forecast that Mettler-Toledo International Inc. will post 20.15 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. USA Mutuals Advisors Inc. bought a new position in shares of Mettler-Toledo International during the fourth quarter worth about $101,000. Steward Partners Investment Advisory LLC bought a new position in shares of Mettler-Toledo International during the third quarter worth about $125,000. Quantbot Technologies LP bought a new position in shares of Mettler-Toledo International during the third quarter worth about $193,000. Lourd Capital LLC bought a new position in shares of Mettler-Toledo International during the fourth quarter worth about $211,000. Finally, Quadrant Private Wealth Management LLC bought a new position in shares of Mettler-Toledo International during the fourth quarter worth about $232,000. Institutional investors own 91.79% of the company’s stock.

Several analysts recently weighed in on MTD shares. Morgan Stanley raised their price objective on Mettler-Toledo International from $550.00 to $580.00 and gave the company an “equal weight” rating in a research note on Friday, February 9th. Evercore ISI initiated coverage on Mettler-Toledo International in a research report on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 target price for the company. Robert W. Baird dropped their target price on Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating for the company in a research report on Friday, February 9th. Zacks Investment Research downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Barclays initiated coverage on Mettler-Toledo International in a research report on Thursday, January 4th. They issued an “equal weight” rating and a $625.00 target price for the company. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $651.44.

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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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