November 29, 2016 - By Richard Conner · 0 Comments
Mettler Toledo International Inc (NYSE:MTD) institutional sentiment is 0.99 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as only 167 institutional investors opened new or increased stock positions, while 169 sold and reduced their holdings in Mettler Toledo International Inc. The institutional investors in our partner’s database now have: 23.89 million shares, down from 26.33 million shares in 2016Q1. Also, the number of institutional investors holding Mettler Toledo International Inc in their top 10 stock positions was flat from 5 to 5 for the same number . Sold All: 29 Reduced: 140 Increased: 127 New Position: 40.
Mettler-Toledo International Inc. is a supplier of precision instruments and services. The company has a market cap of $10.91 billion. The Firm is a well-known provider of weighing instruments for use in laboratory, industrial and food retailing applications. It has a 30.96 P/E ratio. The Firm is also a well-known provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes.
About 54,005 shares traded hands. Mettler-Toledo International Inc. (NYSE:MTD) has risen 14.97% since April 26, 2016 and is uptrending. It has outperformed by 9.71% the S&P500.
Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on February, 2. They expect $5.12 EPS, up 10.11% or $0.47 from last year’s $4.65 per share. MTD’s profit will be $133.26 million for 20.47 P/E if the $5.12 EPS becomes a reality. After $3.89 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 31.62% EPS growth.
According to Zacks Investment Research, “Mettler-Toledo is the world’s largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. The Company focuses on the high value-added segments of the weighing instruments market by providing solutions for specific applications. The Company also manufactures and sells certain related laboratory measurement instruments, with one of the top three market positions worldwide in titrators, thermal analysis systems, pH meters and lab reactors.”
Capital Counsel Llc Ny holds 8.94% of its portfolio in Mettler-Toledo International Inc. for 265,705 shares. Mar Vista Investment Partners Llc owns 170,522 shares or 3.69% of their US portfolio. Moreover, Mitchell Capital Management Co has 3.06% invested in the company for 20,960 shares. The Connecticut-based Gillespie Robinson & Grimm Inc has invested 2.97% in the stock. Opus Point Partners Management Llc, a New York-based fund reported 7,188 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 20 selling transactions for $47.07 million net activity.
Ratings analysis reveals 25% of Mettler-toledo International Inc.’s analysts are positive. Out of 4 Wall Street analysts rating Mettler-toledo International Inc., 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $305 while the high is $415. The stock’s average target of $355.50 is -15.19% below today’s ($419.17) share price. MTD was included in 11 notes of analysts from August 3, 2015. The company was downgraded on Thursday, September 10 by Bank of America. Citigroup downgraded it to “Neutral” rating and $400 target price in Thursday, June 23 report. On Tuesday, September 8 the stock rating was upgraded by Citigroup to “Buy”. The stock of Mettler-Toledo International Inc. (NYSE:MTD) earned “Neutral” rating by UBS on Friday, August 5. Bank of America upgraded Mettler-Toledo International Inc. (NYSE:MTD) on Wednesday, August 31 to “Buy” rating.
Mettler-Toledo International Inc., incorporated on December 6, 1991, is a supplier of precision instruments and services. The Firm is a well-known provider of weighing instruments for use in laboratory, industrial and food retailing applications. The Firm is also a well-known provider of analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. In addition, it is also a supplier of end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The Firm operates through five divisions: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company’s U.S. Operations represent certain of the Company’s marketing and producing organizations located in the United States. The Company’s Western European Operations include the Company’s marketing and producing organizations in Western Europe, excluding activities located in Switzerland. Swiss Operations include marketing and producing organizations located in Switzerland, as well as research and development (R&D) activities that are responsible for the development, production and marketing of precision instruments, including weighing, analytical and measurement technologies for use in various laboratory and industrial applications. Chinese Operations represent the Company’s marketing and producing organizations located in China. The Company’s market organizations are geographically focused and are responsible for all aspects of the Company’s sales and service.
More important recent Mettler-Toledo International Inc. (NYSE:MTD) news were published by: Prnewswire.com which released: “Mettler-Toledo International Inc. Reports Second Quarter 2016 Results” on July 28, 2016, also Prnewswire.com published article titled: “Mettler-Toledo International Inc. Reports Fourth Quarter 2015 Results”, Finance.Yahoo.com published: “Mettler-Toledo International Inc. to Host Third Quarter 2016 Earnings …” on October 27, 2016. More interesting news about Mettler-Toledo International Inc. (NYSE:MTD) was released by: Seekingalpha.com and their article: “Mettler-Toledo International, Inc.’s (MTD) CEO Olivier Filliol on Q2 2016 …” with publication date: July 29, 2016.
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By Richard Conner