Waters Corp. (NYSE:WAT) shares reached a new 52-week high during trading on Monday . The company traded as high as $161.22 and last traded at $160.22, with a volume of 363,516 shares changing hands. The stock had previously closed at $158.93.

A number of analysts have recently weighed in on the stock. Cantor Fitzgerald raised their price target on shares of Waters Corp. from $163.00 to $173.00 and gave the company a “buy” rating in a report on Tuesday, July 26th. Zacks Investment Research upgraded shares of Waters Corp. from a “hold” rating to a “buy” rating and set a $169.00 target price for the company in a research note on Thursday, July 21st. Barclays PLC lifted their target price on shares of Waters Corp. from $130.00 to $157.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 27th. Leerink Swann reiterated a “hold” rating on shares of Waters Corp. in a research note on Tuesday, April 26th. Finally, Evercore ISI lifted their target price on shares of Waters Corp. from $140.50 to $154.00 and gave the stock a “hold” rating in a research note on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $150.71.

The company has a 50 day moving average of $143.38 and a 200 day moving average of $132.91. The company has a market capitalization of $12.89 billion and a P/E ratio of 26.72.

Waters Corp. (NYSE:WAT) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.13. During the same period in the previous year, the company posted $1.32 earnings per share. The firm earned $537 million during the quarter, compared to analyst estimates of $523.23 million. Waters Corp.’s revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts expect that Waters Corp. will post $6.57 earnings per share for the current year.

In other news, VP Mark T. Beaudouin sold 30,000 shares of the stock in a transaction that occurred on Tuesday, May 24th. The stock was sold at an average price of $137.41, for a total value of $4,122,300.00. Following the completion of the sale, the vice president now directly owns 17,647 shares of the company’s stock, valued at $2,424,874.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Michael F. Silveira sold 1,409 shares of the stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $136.03, for a total value of $191,666.27. Following the completion of the sale, the vice president now directly owns 3,893 shares of the company’s stock, valued at $529,564.79. The disclosure for this sale can be found here.

Several large investors have recently bought and sold shares of WAT. Schroder Investment Management Group increased its stake in Waters Corp. by 108.8% in the fourth quarter. Schroder Investment Management Group now owns 465,023 shares of the company’s stock valued at $62,582,000 after buying an additional 242,317 shares during the last quarter. Systematic Financial Management LP increased its stake in Waters Corp. by 73.5% in the fourth quarter. Systematic Financial Management LP now owns 474,159 shares of the company’s stock valued at $63,812,000 after buying an additional 200,885 shares during the last quarter. Marshall Wace LLP purchased a new stake in Waters Corp. during the fourth quarter valued at $7,542,000. BlackRock Advisors LLC increased its stake in Waters Corp. by 33.5% in the fourth quarter. BlackRock Advisors LLC now owns 87,597 shares of the company’s stock valued at $11,789,000 after buying an additional 21,996 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in Waters Corp. by 5.2% in the fourth quarter. Wells Fargo & Company MN now owns 148,568 shares of the company’s stock valued at $19,995,000 after buying an additional 7,298 shares during 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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