Syntal Capital Partners LLC raised its position in Mettler-Toledo International Inc. (NYSE:MTD) by 81.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,202 shares of the medical instruments supplier’s stock after acquiring an additional 987 shares during the period. Syntal Capital Partners LLC’s holdings in Mettler-Toledo International were worth $1,364,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Mettler-Toledo International by 2.9% during the second quarter. Vanguard Group Inc. now owns 2,621,389 shares of the medical instruments supplier’s stock valued at $1,542,792,000 after buying an additional 74,156 shares during the last quarter. Koch Industries Inc. boosted its position in shares of Mettler-Toledo International by 96,281.2% during the second quarter. Koch Industries Inc. now owns 696,836 shares of the medical instruments supplier’s stock valued at $696,000 after buying an additional 696,113 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Mettler-Toledo International by 9.8% during the third quarter. Russell Investments Group Ltd. now owns 320,767 shares of the medical instruments supplier’s stock valued at $200,839,000 after buying an additional 28,676 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Mettler-Toledo International by 20.2% during the third quarter. Janus Henderson Group PLC now owns 243,920 shares of the medical instruments supplier’s stock valued at $152,732,000 after buying an additional 40,993 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in shares of Mettler-Toledo International by 253.5% during the second quarter. Parametric Portfolio Associates LLC now owns 201,137 shares of the medical instruments supplier’s stock valued at $118,377,000 after buying an additional 144,245 shares during the last quarter. 91.67% of the stock is currently owned by institutional investors.

MTD has been the topic of several analyst reports. Bank of America lifted their target price on Mettler-Toledo International from $640.00 to $710.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Robert W. Baird lifted their target price on Mettler-Toledo International from $605.00 to $675.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Barclays initiated coverage on Mettler-Toledo International in a research report on Thursday, January 4th. They set an “equal weight” rating and a $625.00 target price on the stock. Zacks Investment Research cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, Morgan Stanley lifted their target price on Mettler-Toledo International from $535.00 to $545.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Mettler-Toledo International presently has an average rating of “Hold” and a consensus price target of $622.33.

Shares of Mettler-Toledo International Inc. (NYSE MTD) traded up $7.09 during trading on Thursday, reaching $656.51. The company had a trading volume of 148,200 shares, compared to its average volume of 165,364. The company has a market capitalization of $16,690.00, a price-to-earnings ratio of 39.84, a P/E/G ratio of 2.61 and a beta of 1.09. Mettler-Toledo International Inc. has a 1-year low of $408.97 and a 1-year high of $694.48. 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 (NYSE:MTD) last issued its quarterly earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 EPS for the quarter, topping the Zacks’ consensus estimate of $4.32 by $0.04. The business had revenue of $698.80 million for the quarter, compared to analyst estimates of $685.56 million. Mettler-Toledo International had a return on equity of 96.81% and a net margin of 16.44%. Mettler-Toledo International’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $3.89 earnings per share. research analysts anticipate that Mettler-Toledo International Inc. will post 17.52 EPS for the current fiscal year.

In other Mettler-Toledo International news, Director Michael A. Kelly sold 3,384 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $638.24, for a total value of $2,159,804.16. Following the sale, the director now directly owns 4,762 shares in the company, valued at $3,039,298.88. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Thomas Caratsch sold 1,333 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $634.44, for a total value of $845,708.52. Following the completion of the sale, the insider now owns 1,270 shares in the company, valued at $805,738.80. The disclosure for this sale can be found here. Insiders have sold 39,969 shares of company stock worth $25,242,999 over the last quarter. 5.20% of the stock is currently owned by corporate insiders.

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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.

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

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