Mettler-Toledo International, Inc. (NYSE:MTD) Director Richard D. Francis bought 160 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was purchased at an average price of $627.91 per share, with a total value of $100,465.60. Following the purchase, the director now directly owns 254 shares of the company’s stock, valued at approximately $159,489.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Mettler-Toledo International, Inc. (NYSE MTD) traded up $8.67 during mid-day trading on Friday, reaching $635.02. 48,812 shares of the company traded hands, compared to its average volume of 152,381. 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, Inc. has a 1 year low of $407.87 and a 1 year high of $694.48. The company has a market cap of $16,021.48, a PE ratio of 37.06, a PEG ratio of 2.86 and a beta of 1.13.

Mettler-Toledo International (NYSE:MTD) last posted 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. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The firm had revenue of $698.80 million during the quarter, compared to analysts’ expectations of $685.56 million. During the same quarter in the previous year, the company posted $3.89 EPS. Mettler-Toledo International’s revenue was up 7.4% on a year-over-year basis. equities research analysts anticipate that Mettler-Toledo International, Inc. will post 17.52 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Mettler-Toledo International by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 2,621,389 shares of the medical instruments supplier’s stock worth $1,542,792,000 after purchasing an additional 74,156 shares during the last quarter. BlackRock Inc. raised its position in Mettler-Toledo International by 6.4% in the 2nd quarter. BlackRock Inc. now owns 1,860,178 shares of the medical instruments supplier’s stock worth $1,094,791,000 after purchasing an additional 112,029 shares during the last quarter. Koch Industries Inc. raised its position in Mettler-Toledo International by 96,281.2% in the 2nd quarter. Koch Industries Inc. now owns 696,836 shares of the medical instruments supplier’s stock worth $696,000 after purchasing an additional 696,113 shares during the last quarter. Baillie Gifford & Co. raised its position in Mettler-Toledo International by 4.9% in the 2nd quarter. Baillie Gifford & Co. now owns 671,210 shares of the medical instruments supplier’s stock worth $395,033,000 after purchasing an additional 31,597 shares during the last quarter. Finally, Fiera Capital Corp raised its position in Mettler-Toledo International by 10.2% in the 2nd quarter. Fiera Capital Corp now owns 642,431 shares of the medical instruments supplier’s stock worth $378,096,000 after purchasing an additional 59,513 shares during the last quarter. Hedge funds and other institutional investors own 93.38% of the company’s stock.

A number of research analysts have recently issued reports on MTD shares. BidaskClub cut shares of Mettler-Toledo International from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Goldman Sachs Group Inc reiterated a “buy” rating and issued a $690.00 target price on shares of Mettler-Toledo International in a research note on Tuesday, September 26th. Morgan Stanley reiterated an “equal weight” rating and issued a $535.00 target price (down previously from $565.00) on shares of Mettler-Toledo International in a research note on Friday, October 6th. Finally, Bank of America Corporation lifted their target price on shares of Mettler-Toledo International from $640.00 to $710.00 and gave the company a “buy” rating in a research note on Monday, October 9th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Mettler-Toledo International currently has an average rating of “Buy” and an average target price 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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