Waters Corp. (NYSE:WAT) shares reached a new 52-week high during trading on Friday . The stock traded as high as $146.48 and last traded at $146.28, with a volume of 234,263 shares changing hands. The stock had previously closed at $142.47.

Several research analysts have commented on WAT shares. Mizuho raised their price objective on Waters Corp. from $125.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, April 27th. Zacks Investment Research lowered Waters Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, March 29th. Goldman Sachs Group Inc. raised their price objective on Waters Corp. to $140.00 in a research report on Wednesday, March 23rd. Bank of America Corp. lowered Waters Corp. from a “buy” rating to a “neutral” rating and set a $137.00 price objective on the stock. in a research report on Tuesday, April 5th. Finally, Leerink Swann reissued a “hold” rating on shares of Waters Corp. in a research report on Tuesday, April 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $141.50.

The company’s 50-day moving average price is $137.81 and its 200 day moving average price is $130.83. The company has a market capitalization of $11.86 billion and a P/E ratio of 25.91.

Waters Corp. (NYSE:WAT) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $1.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.03. The business earned $475 million during the quarter, compared to the consensus estimate of $471.69 million. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. Analysts predict that Waters Corp. will post $6.35 EPS for the current year.

In related news, CFO Eugene G. Cassis sold 20,000 shares of the company’s stock in a transaction on Thursday, June 2nd. The shares were sold at an average price of $139.36, for a total value of $2,787,200.00. Following the completion of the sale, the chief financial officer now directly owns 38,674 shares in the company, valued at $5,389,608.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael F. Silveira sold 1,409 shares of the company’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $136.03, for a total transaction of $191,666.27. Following the completion of the sale, the vice president now owns 3,893 shares of the company’s stock, valued at $529,564.79. The disclosure for this sale can be found here.

Other large investors have modified their holdings of the company. Victory Capital Management Inc. boosted its stake in shares of Waters Corp. by 18.7% in the fourth quarter. Victory Capital Management Inc. now owns 8,019 shares of the company’s stock worth $1,079,000 after buying an additional 1,261 shares in the last quarter. GSA Capital Partners LLP raised its position in Waters Corp. by 90.9% in the fourth quarter. GSA Capital Partners LLP now owns 8,789 shares of the company’s stock worth $1,183,000 after buying an additional 4,185 shares in the last quarter. World Asset Management Inc raised its position in Waters Corp. by 1.8% in the fourth quarter. World Asset Management Inc now owns 8,949 shares of the company’s stock worth $1,204,000 after buying an additional 157 shares in the last quarter. LS Investment Advisors LLC raised its position in Waters Corp. by 144.2% in the fourth quarter. LS Investment Advisors LLC now owns 10,589 shares of the company’s stock worth $1,425,000 after buying an additional 6,253 shares in the last quarter. Finally, Sawtooth Asset Management Inc. raised its position in Waters Corp. by 61,183.3% in the fourth quarter. Sawtooth Asset Management Inc. now owns 11,031 shares of the company’s stock worth $1,485,000 after buying an additional 11,013 shares in the last quarter.

Waters Corporation is an analytical instrument manufacturer. The Company designs, manufactures, distributes and services instrument systems, columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company operates through two segments: Waters Division and TA Division.

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