Mettler Toledo (NYSE:MTD) insider William P. Donnelly sold 5,000 shares of the stock in a transaction that occurred on Friday, May 11th. The shares were sold at an average price of $563.38, for a total transaction of $2,816,900.00. Following the completion of the sale, the insider now owns 4,000 shares in the company, valued at $2,253,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mettler Toledo opened at $560.75 on Thursday, MarketBeat.com reports. The company has a current ratio of 1.46, a quick ratio of 1.02 and a debt-to-equity ratio of 1.75. The company has a market cap of $14.45 billion, a price-to-earnings ratio of 31.92, a P/E/G ratio of 2.17 and a beta of 1.21. Mettler Toledo has a fifty-two week low of $555.23 and a fifty-two week high of $560.86.

Mettler Toledo (NYSE:MTD) last posted its quarterly earnings results on Thursday, May 3rd. The medical instruments supplier reported $3.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.73 by $0.01. The company had revenue of $660.82 million for the quarter, compared to the consensus estimate of $651.87 million. Mettler Toledo had a net margin of 13.50% and a return on equity of 90.70%. Mettler Toledo’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.34 earnings per share. equities analysts predict that Mettler Toledo will post 20.25 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Citigroup upgraded shares of Mettler Toledo from a “neutral” rating to a “buy” rating and increased their price target for the company from $685.00 to $692.00 in a research report on Friday, February 9th. Zacks Investment Research upgraded shares of Mettler Toledo from a “hold” rating to a “buy” rating and set a $640.00 price target on the stock in a research report on Wednesday, April 11th. Cleveland Research lowered shares of Mettler Toledo from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 1st. Deutsche Bank decreased their target price on shares of Mettler Toledo from $630.00 to $610.00 and set a “hold” rating on the stock in a research report on Friday, May 4th. Finally, Goldman Sachs lowered shares of Mettler Toledo from a “buy” rating to a “neutral” rating in a research report on Monday, April 9th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Mettler Toledo has a consensus rating of “Hold” and an average price target of $632.00.

A number of large investors have recently bought and sold shares of MTD. Renaissance Technologies LLC raised its stake in Mettler Toledo by 201.0% during the fourth quarter. Renaissance Technologies LLC now owns 210,100 shares of the medical instruments supplier’s stock worth $130,161,000 after purchasing an additional 140,300 shares during the period. First Manhattan Co. raised its stake in Mettler Toledo by 98,611.4% during the fourth quarter. First Manhattan Co. now owns 86,866 shares of the medical instruments supplier’s stock worth $53,815,000 after purchasing an additional 86,778 shares during the period. Old Mutual Global Investors UK Ltd. raised its stake in Mettler Toledo by 87.0% during the first quarter. Old Mutual Global Investors UK Ltd. now owns 175,440 shares of the medical instruments supplier’s stock worth $100,883,000 after purchasing an additional 81,610 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new position in Mettler Toledo during the fourth quarter worth approximately $31,608,000. Finally, Public Employees Retirement System of Ohio raised its stake in Mettler Toledo by 349.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 56,728 shares of the medical instruments supplier’s stock worth $35,144,000 after purchasing an additional 44,115 shares during the period. 92.12% of the stock is currently owned by institutional investors.

About Mettler Toledo

Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; analytical instruments for use in life science; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; and end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries.

Insider Buying and Selling by Quarter for Mettler Toledo (NYSE:MTD)

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