Shawn Vadala Sells 226 Shares of Mettler-Toledo International, Inc. (MTD) Stock

Mettler-Toledo International, Inc. (NYSE:MTD) CFO Shawn Vadala sold 226 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $629.36, for a total value of $142,235.36. Following the completion of the sale, the chief financial officer now directly owns 5,299 shares of the company’s stock, valued at approximately $3,334,978.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Mettler-Toledo International, Inc. (NYSE MTD) traded up $0.42 during trading on Friday, reaching $630.92. The company had a trading volume of 97,265 shares, compared to its average volume of 158,460. The stock has a market capitalization of $16,130.00, a price-to-earnings ratio of 37.36, a price-to-earnings-growth ratio of 2.88 and a beta of 1.13. Mettler-Toledo International, Inc. has a 52 week low of $407.87 and a 52 week high of $694.48. The company has a quick ratio of 1.11, a current ratio of 1.51 and a debt-to-equity ratio of 2.05.

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

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Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Mettler-Toledo International by 2.9% during the second quarter. Vanguard Group Inc. now owns 2,621,389 shares of the medical instruments supplier’s stock worth $1,542,792,000 after buying an additional 74,156 shares during the period. BlackRock Inc. boosted its position in shares of Mettler-Toledo International by 6.4% during the second quarter. BlackRock Inc. now owns 1,860,178 shares of the medical instruments supplier’s stock worth $1,094,791,000 after buying an additional 112,029 shares during the period. Koch Industries Inc. boosted its position in shares of Mettler-Toledo International by 96,281.2% during the second quarter. Koch Industries Inc. now owns 696,836 shares of the medical instruments supplier’s stock worth $696,000 after buying an additional 696,113 shares during the period. Baillie Gifford & Co. boosted its position in shares of Mettler-Toledo International by 4.9% during the second quarter. Baillie Gifford & Co. now owns 671,210 shares of the medical instruments supplier’s stock worth $395,033,000 after buying an additional 31,597 shares during the period. Finally, Fiera Capital Corp boosted its position in shares of Mettler-Toledo International by 10.2% during the second quarter. Fiera Capital Corp now owns 642,431 shares of the medical instruments supplier’s stock worth $378,096,000 after buying an additional 59,513 shares during the period. Institutional investors own 93.52% of the company’s stock.

Several equities research analysts recently commented on the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $565.00 price target (up previously from $533.00) on shares of Mettler-Toledo International in a report on Saturday, July 22nd. Zacks Investment Research cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. BidaskClub raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Monday, August 14th. The Goldman Sachs Group, Inc. reaffirmed a “buy” rating and issued a $690.00 price target on shares of Mettler-Toledo International in a report on Tuesday, September 26th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $600.00 price objective on shares of Mettler-Toledo International in a research report on Friday, October 20th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Mettler-Toledo International presently has a consensus rating of “Buy” and a consensus target price of $621.57.

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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