Kintegral Advisory LLC Sells 37 Shares of Mettler-Toledo International Inc. (NYSE:MTD)

Kintegral Advisory LLC trimmed its position in Mettler-Toledo International Inc. (NYSE:MTD) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 805 shares of the medical instruments supplier’s stock after selling 37 shares during the period. Kintegral Advisory LLC’s holdings in Mettler-Toledo International were worth $985,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MTD. Blue Trust Inc. boosted its stake in Mettler-Toledo International by 242.9% during the third quarter. Blue Trust Inc. now owns 24 shares of the medical instruments supplier’s stock valued at $34,000 after buying an additional 17 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Mettler-Toledo International by 14.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,240 shares of the medical instruments supplier’s stock valued at $1,860,000 after acquiring an additional 152 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Mettler-Toledo International by 149,870.0% during the 3rd quarter. International Assets Investment Management LLC now owns 89,982 shares of the medical instruments supplier’s stock valued at $134,946,000 after acquiring an additional 89,922 shares during the last quarter. Mediolanum International Funds Ltd grew its holdings in shares of Mettler-Toledo International by 137.7% during the third quarter. Mediolanum International Funds Ltd now owns 3,611 shares of the medical instruments supplier’s stock worth $5,332,000 after purchasing an additional 2,092 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Mettler-Toledo International by 24.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,692 shares of the medical instruments supplier’s stock worth $2,502,000 after purchasing an additional 336 shares during the last quarter. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Trading Down 1.3 %

MTD opened at $1,285.67 on Friday. Mettler-Toledo International Inc. has a 12 month low of $1,142.91 and a 12 month high of $1,546.93. The business’s 50-day moving average price is $1,285.56 and its 200-day moving average price is $1,333.16. The company has a market cap of $26.90 billion, a P/E ratio of 31.72, a P/E/G ratio of 3.30 and a beta of 1.13.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 EPS for the quarter, topping analysts’ consensus estimates of $11.76 by $0.65. Mettler-Toledo International had a negative return on equity of 591.54% and a net margin of 22.29%. Equities research analysts forecast that Mettler-Toledo International Inc. will post 42.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wolfe Research initiated coverage on shares of Mettler-Toledo International in a research report on Friday, December 13th. They set a “peer perform” rating for the company. Evercore ISI lifted their price objective on shares of Mettler-Toledo International from $1,450.00 to $1,475.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Wells Fargo & Company increased their target price on Mettler-Toledo International from $1,350.00 to $1,400.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Citigroup raised Mettler-Toledo International from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $1,200.00 to $1,300.00 in a research note on Wednesday, December 11th. Finally, Robert W. Baird increased their price objective on Mettler-Toledo International from $1,362.00 to $1,369.00 and gave the company a “neutral” rating in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Mettler-Toledo International presently has a consensus rating of “Hold” and a consensus target price of $1,368.00.

Insider Buying and Selling

In other Mettler-Toledo International news, insider Gerry Keller sold 140 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $1,254.09, for a total value of $175,572.60. Following the sale, the insider now owns 6 shares of the company’s stock, valued at $7,524.54. This trade represents a 95.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.94% of the stock is owned by insiders.

Mettler-Toledo International Company 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.