Boston Trust Walden Corp Boosts Holdings in Mettler-Toledo International Inc. (NYSE:MTD)

Boston Trust Walden Corp raised its position in shares of Mettler-Toledo International Inc. (NYSE:MTD - Free Report) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,015 shares of the medical instruments supplier's stock after purchasing an additional 3,427 shares during the period. Boston Trust Walden Corp owned approximately 0.16% of Mettler-Toledo International worth $42,472,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Caprock Group LLC raised its position in Mettler-Toledo International by 450.2% during the fourth quarter. Caprock Group LLC now owns 1,733 shares of the medical instruments supplier's stock valued at $2,102,000 after purchasing an additional 1,418 shares in the last quarter. Oak Thistle LLC purchased a new stake in Mettler-Toledo International during the fourth quarter valued at about $1,419,000. TD Asset Management Inc raised its position in Mettler-Toledo International by 2.9% during the third quarter. TD Asset Management Inc now owns 41,643 shares of the medical instruments supplier's stock valued at $46,143,000 after purchasing an additional 1,180 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in Mettler-Toledo International during the third quarter valued at about $3,743,000. Finally, Royal London Asset Management Ltd. grew its stake in shares of Mettler-Toledo International by 4.1% during the third quarter. Royal London Asset Management Ltd. now owns 23,173 shares of the medical instruments supplier's stock valued at $25,688,000 after buying an additional 916 shares during the last quarter. Hedge funds and other institutional investors own 95.07% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on MTD shares. Evercore ISI raised their price objective on Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the company an "in-line" rating in a research note on Thursday. StockNews.com raised Mettler-Toledo International from a "hold" rating to a "buy" rating in a research note on Sunday, March 31st. Finally, Citigroup reaffirmed a "sell" rating and set a $975.00 price objective (down from $1,050.00) on shares of Mettler-Toledo International in a research note on Monday, December 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $1,233.25.

Insider Activity at Mettler-Toledo International

In related news, insider Christian Magloth sold 400 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $1,278.73, for a total transaction of $511,492.00. Following the completion of the sale, the insider now owns 734 shares of the company's stock, valued at $938,587.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Shawn Vadala sold 300 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $1,210.83, for a total transaction of $363,249.00. Following the completion of the sale, the chief financial officer now owns 4,914 shares of the company's stock, valued at $5,950,018.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christian Magloth sold 400 shares of the firm's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $1,278.73, for a total transaction of $511,492.00. Following the completion of the transaction, the insider now directly owns 734 shares of the company's stock, valued at approximately $938,587.82. The disclosure for this sale can be found here. Insiders sold 951 shares of company stock valued at $1,170,256 over the last 90 days. Insiders own 1.94% of the company's stock.

Mettler-Toledo International Price Performance

Shares of NYSE MTD traded up $16.29 during mid-day trading on Friday, hitting $1,300.84. 90,855 shares of the company's stock traded hands, compared to its average volume of 146,136. The company's 50-day moving average is $1,258.69 and its two-hundred day moving average is $1,159.50. The company has a market capitalization of $27.82 billion, a P/E ratio of 36.31, a PEG ratio of 3.63 and a beta of 1.15. Mettler-Toledo International Inc. has a 1 year low of $928.49 and a 1 year high of $1,615.97.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last released its quarterly earnings data on Friday, February 9th. The medical instruments supplier reported $9.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.32 by ($0.92). Mettler-Toledo International had a net margin of 20.82% and a negative return on equity of 904.59%. The business had revenue of $934.90 million for the quarter, compared to the consensus estimate of $959.45 million. During the same quarter in the prior year, the business posted $12.10 earnings per share. Mettler-Toledo International's revenue for the quarter was down 11.6% on a year-over-year basis. Equities analysts anticipate that Mettler-Toledo International Inc. will post 39.9 EPS for the current fiscal year.

Mettler-Toledo International Profile

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through 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, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.