Shawn Vadala Sells 700 Shares of Mettler-Toledo International Inc. (MTD) Stock

Mettler-Toledo International Inc. (NYSE:MTD) CFO Shawn Vadala sold 700 shares of the stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $721.00, for a total transaction of $504,700.00. Following the transaction, the chief financial officer now directly owns 5,450 shares of the company’s stock, valued at $3,929,450. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Mettler-Toledo International stock traded up $22.96 during mid-day trading on Thursday, reaching $742.10. The company had a trading volume of 13,385 shares, compared to its average volume of 140,676. Mettler-Toledo International Inc. has a 1 year low of $500.74 and a 1 year high of $762.90. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.80. The stock has a market cap of $17.41 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 2.26 and a beta of 1.33.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, May 9th. The medical instruments supplier reported $4.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.06 by $0.04. Mettler-Toledo International had a net margin of 17.98% and a return on equity of 95.67%. The company had revenue of $679.50 million during the quarter, compared to analysts’ expectations of $673.55 million. During the same period last year, the company posted $3.74 earnings per share. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts forecast that Mettler-Toledo International Inc. will post 22.7 EPS for the current fiscal year.



Institutional investors have recently modified their holdings of the business. Lindbrook Capital LLC purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $27,000. Permanens Capital L.P. purchased a new position in shares of Mettler-Toledo International during the 1st quarter worth approximately $29,000. Executive Wealth Management LLC purchased a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $33,000. MARSHALL WACE ASIA Ltd purchased a new position in shares of Mettler-Toledo International during the 1st quarter worth approximately $44,000. Finally, CWM LLC increased its stake in shares of Mettler-Toledo International by 108.9% during the 4th quarter. CWM LLC now owns 94 shares of the medical instruments supplier’s stock worth $53,000 after purchasing an additional 49 shares in the last quarter. 96.04% of the stock is owned by institutional investors.

MTD has been the subject of several analyst reports. Zacks Investment Research raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $742.00 price target for the company in a report on Tuesday, February 12th. ValuEngine raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Thursday, January 24th. Barclays reissued a “hold” rating on shares of Mettler-Toledo International in a report on Wednesday. Finally, Bank of America reissued a “neutral” rating and set a $755.00 price target (up from $725.00) on shares of Mettler-Toledo International in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus price target of $658.80.

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About Mettler-Toledo International

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; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; metal detection and other end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries; and solutions that are used in various process analytics applications.

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