Mettler-Toledo International, Inc. (NYSE:MTD) insider Simon Kirk sold 4,726 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $629.01, for a total value of $2,972,701.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Simon Kirk also recently made the following trade(s):

  • On Wednesday, September 6th, Simon Kirk sold 838 shares of Mettler-Toledo International stock. The shares were sold at an average price of $605.65, for a total value of $507,534.70.

Mettler-Toledo International, Inc. (NYSE MTD) traded down $4.57 during mid-day trading on Friday, reaching $624.64. The company’s stock had a trading volume of 165,902 shares, compared to its average volume of 148,834. The firm has a market cap of $16,094.64, a P/E ratio of 37.23, a P/E/G ratio of 2.87 and a beta of 1.10. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.51 and a quick ratio of 1.11. Mettler-Toledo International, Inc. has a fifty-two week low of $408.12 and a fifty-two week high of $694.48.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.32 by $0.04. The business had revenue of $698.80 million during the quarter, compared to the consensus estimate of $685.56 million. Mettler-Toledo International had a return on equity of 96.81% and a net margin of 16.44%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.89 EPS. equities research analysts expect that Mettler-Toledo International, Inc. will post 17.52 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in the business. First Personal Financial Services boosted its stake in Mettler-Toledo International by 2.8% during the 2nd quarter. First Personal Financial Services now owns 186 shares of the medical instruments supplier’s stock valued at $109,000 after purchasing an additional 5 shares during the last quarter. Advisor Partners LLC boosted its stake in shares of Mettler-Toledo International by 3.5% in the 2nd quarter. Advisor Partners LLC now owns 468 shares of the medical instruments supplier’s stock worth $275,000 after buying an additional 16 shares during the last quarter. Commonwealth Bank of Australia boosted its stake in shares of Mettler-Toledo International by 3.1% in the 2nd quarter. Commonwealth Bank of Australia now owns 562 shares of the medical instruments supplier’s stock worth $329,000 after buying an additional 17 shares during the last quarter. Alps Advisors Inc. boosted its stake in shares of Mettler-Toledo International by 1.4% in the 2nd quarter. Alps Advisors Inc. now owns 1,225 shares of the medical instruments supplier’s stock worth $721,000 after buying an additional 17 shares during the last quarter. Finally, Profund Advisors LLC boosted its stake in shares of Mettler-Toledo International by 2.6% in the 2nd quarter. Profund Advisors LLC now owns 716 shares of the medical instruments supplier’s stock worth $421,000 after buying an additional 18 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

MTD has been the subject of a number of research analyst reports. Morgan Stanley boosted their target price on Mettler-Toledo International from $535.00 to $545.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Robert W. Baird boosted their target price on Mettler-Toledo International from $605.00 to $675.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Jefferies Group reaffirmed a “hold” rating and issued a $600.00 target price on shares of Mettler-Toledo International in a research report on Friday, October 20th. Zacks Investment Research raised Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $705.00 target price for the company in a research report on Thursday, September 14th. Finally, Bank of America boosted their target price on Mettler-Toledo International from $640.00 to $710.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $621.57.

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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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