Aware Super Pty Ltd as trustee of Aware Super Invests $29.97 Million in Mettler-Toledo International Inc. (NYSE:MTD)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Mettler-Toledo International Inc. (NYSE:MTD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,491 shares of the medical instruments supplier's stock, valued at approximately $29,969,000. Aware Super Pty Ltd as trustee of Aware Super owned approximately 0.12% of Mettler-Toledo International as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MTD. JPMorgan Chase & Co. raised its holdings in shares of Mettler-Toledo International by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 221,799 shares of the medical instruments supplier's stock valued at $332,634,000 after buying an additional 28,478 shares during the period. M&T Bank Corp grew its holdings in Mettler-Toledo International by 14.3% during the 3rd quarter. M&T Bank Corp now owns 4,926 shares of the medical instruments supplier's stock valued at $7,387,000 after purchasing an additional 615 shares in the last quarter. Allworth Financial LP increased its stake in Mettler-Toledo International by 367.4% during the 4th quarter. Allworth Financial LP now owns 215 shares of the medical instruments supplier's stock worth $285,000 after buying an additional 169 shares during the period. Nordea Investment Management AB lifted its holdings in Mettler-Toledo International by 29.8% in the 4th quarter. Nordea Investment Management AB now owns 105,823 shares of the medical instruments supplier's stock worth $129,919,000 after buying an additional 24,285 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Mettler-Toledo International by 18.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 34,370 shares of the medical instruments supplier's stock valued at $42,058,000 after acquiring an additional 5,234 shares in the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mettler-Toledo International

In related news, insider Gerry Keller sold 600 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1,351.34, for a total transaction of $810,804.00. Following the sale, the insider now owns 6 shares of the company's stock, valued at $8,108.04. The trade was a 99.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Christian Magloth sold 790 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,313.69, for a total value of $1,037,815.10. Following the transaction, the insider now directly owns 734 shares of the company's stock, valued at approximately $964,248.46. The trade was a 51.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.94% of the stock is owned by company insiders.

Mettler-Toledo International Trading Down 1.2 %

MTD traded down $11.93 during trading on Friday, reaching $1,004.72. 212,078 shares of the company were exchanged, compared to its average volume of 140,447. Mettler-Toledo International Inc. has a 52 week low of $946.69 and a 52 week high of $1,546.93. The firm has a 50 day moving average of $1,185.43 and a 200 day moving average of $1,261.60. The stock has a market cap of $20.94 billion, a P/E ratio of 24.79, a PEG ratio of 3.30 and a beta of 1.28.

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

Analyst Ratings Changes

Several research firms recently commented on MTD. Wells Fargo & Company cut their price target on Mettler-Toledo International from $1,400.00 to $1,125.00 and set an "equal weight" rating on the stock in a research note on Thursday. Citigroup upgraded shares of Mettler-Toledo International from a "neutral" rating to a "buy" rating and set a $1,400.00 price target for the company in a research note on Monday, April 7th. Evercore ISI raised 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. Finally, Robert W. Baird increased their price target on shares of Mettler-Toledo International from $1,362.00 to $1,369.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $1,346.13.

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.