Mettler-Toledo International Inc. (NYSE:MTD) Stock Holdings Boosted by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its position in shares of Mettler-Toledo International Inc. (NYSE:MTDGet Rating) by 2.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 18,368 shares of the medical instruments supplier’s stock after acquiring an additional 381 shares during the period. Asset Management One Co. Ltd.’s holdings in Mettler-Toledo International were worth $19,913,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bailard Inc. grew its position in shares of Mettler-Toledo International by 9.7% during the second quarter. Bailard Inc. now owns 352 shares of the medical instruments supplier’s stock worth $404,000 after acquiring an additional 31 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Mettler-Toledo International in the second quarter worth about $21,812,000. O Shaughnessy Asset Management LLC lifted its holdings in Mettler-Toledo International by 32.0% in the second quarter. O Shaughnessy Asset Management LLC now owns 2,395 shares of the medical instruments supplier’s stock worth $2,751,000 after purchasing an additional 580 shares during the period. BOKF NA lifted its holdings in Mettler-Toledo International by 1.0% in the second quarter. BOKF NA now owns 1,412 shares of the medical instruments supplier’s stock worth $1,622,000 after purchasing an additional 14 shares during the period. Finally, Ellevest Inc. lifted its holdings in Mettler-Toledo International by 83.0% in the third quarter. Ellevest Inc. now owns 161 shares of the medical instruments supplier’s stock worth $175,000 after purchasing an additional 73 shares during the period. Institutional investors own 91.94% of the company’s stock.

Insider Buying and Selling

In other Mettler-Toledo International news, insider Christian Magloth sold 1,270 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $1,331.92, for a total transaction of $1,691,538.40. Following the completion of the sale, the insider now owns 438 shares of the company’s stock, valued at $583,380.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Olivier A. Filliol sold 6,448 shares of the stock in a transaction that occurred on Thursday, December 1st. The stock was sold at an average price of $1,491.20, for a total value of $9,615,257.60. Following the completion of the sale, the director now directly owns 71 shares of the company’s stock, valued at $105,875.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Christian Magloth sold 1,270 shares of the stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $1,331.92, for a total value of $1,691,538.40. Following the completion of the sale, the insider now directly owns 438 shares of the company’s stock, valued at $583,380.96. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,073 shares of company stock worth $52,372,537. Insiders own 2.80% of the company’s stock.

Mettler-Toledo International Trading Down 2.7 %

NYSE:MTD opened at $1,534.75 on Wednesday. The stock’s 50 day moving average price is $1,468.23 and its 200 day moving average price is $1,322.41. Mettler-Toledo International Inc. has a 52 week low of $1,065.55 and a 52 week high of $1,583.40. The company has a market capitalization of $34.21 billion, a P/E ratio of 42.00, a P/E/G ratio of 3.01 and a beta of 1.19. The company has a debt-to-equity ratio of 250.82, a quick ratio of 0.74 and a current ratio of 1.13.

Mettler-Toledo International (NYSE:MTDGet Rating) last released its quarterly earnings data on Thursday, November 3rd. The medical instruments supplier reported $10.18 EPS for the quarter, topping analysts’ consensus estimates of $9.83 by $0.35. Mettler-Toledo International had a return on equity of 1,929.28% and a net margin of 21.48%. The firm had revenue of $985.80 million for the quarter, compared to the consensus estimate of $973.68 million. During the same quarter in the prior year, the company posted $8.72 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. On average, research analysts forecast that Mettler-Toledo International Inc. will post 39.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Robert W. Baird reduced their price objective on shares of Mettler-Toledo International from $1,406.00 to $1,284.00 in a report on Friday, November 4th. JPMorgan Chase & Co. upgraded Mettler-Toledo International from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $1,100.00 to $1,350.00 in a report on Monday, December 19th. Wells Fargo & Company boosted their price objective on Mettler-Toledo International from $1,410.00 to $1,650.00 and gave the stock an “overweight” rating in a report on Tuesday, January 10th. The Goldman Sachs Group upgraded Mettler-Toledo International from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $1,120.00 to $1,355.00 in a report on Tuesday, November 8th. Finally, StockNews.com upgraded Mettler-Toledo International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 18th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,396.00.

About Mettler-Toledo International

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Mettler-Toledo International Inc engages in the manufacture and supply of precision instruments and services worldwide. It operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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