Mettler-Toledo International, Inc. (NYSE:MTD) insider Oliver A. Filliol sold 15,000 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $631.51, for a total transaction of $9,472,650.00. Following the completion of the sale, the insider now directly owns 31,279 shares of the company’s stock, valued at $19,753,001.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mettler-Toledo International, Inc. (MTD) opened at $626.35 on Thursday. The company has a market cap of $16,053.97, a PE ratio of 37.14, a PEG ratio of 2.87 and a beta of 1.13. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51. Mettler-Toledo International, Inc. has a one year low of $407.87 and a one year high of $694.48.

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

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Large investors have recently modified their holdings of the company. Airain ltd bought a new position in shares of Mettler-Toledo International during the second quarter valued at about $2,958,000. California Public Employees Retirement System increased its position in shares of Mettler-Toledo International by 2.0% during the second quarter. California Public Employees Retirement System now owns 71,000 shares of the medical instruments supplier’s stock valued at $41,786,000 after buying an additional 1,400 shares during the period. Riverhead Capital Management LLC increased its position in shares of Mettler-Toledo International by 90.5% during the second quarter. Riverhead Capital Management LLC now owns 1,800 shares of the medical instruments supplier’s stock valued at $1,060,000 after buying an additional 855 shares during the period. Principal Financial Group Inc. increased its position in shares of Mettler-Toledo International by 2.3% during the second quarter. Principal Financial Group Inc. now owns 42,546 shares of the medical instruments supplier’s stock valued at $25,040,000 after buying an additional 974 shares during the period. Finally, Amalgamated Bank increased its position in shares of Mettler-Toledo International by 50.1% during the second quarter. Amalgamated Bank now owns 2,983 shares of the medical instruments supplier’s stock valued at $1,756,000 after buying an additional 996 shares during the period. 93.38% of the stock is owned by hedge funds and other institutional investors.

Several research firms have weighed in on MTD. Jefferies Group LLC reissued a “hold” rating and issued a $600.00 price target on shares of Mettler-Toledo International in a research note on Friday, October 20th. Bank of America Corporation boosted their price target on shares of Mettler-Toledo International from $640.00 to $710.00 and gave the stock a “buy” rating in a research note on Monday, October 9th. Morgan Stanley boosted their price target on shares of Mettler-Toledo International from $535.00 to $545.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $605.00 to $675.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Finally, Zacks Investment Research raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $711.00 price target for the company in a research note on Thursday, September 21st. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target 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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