Viking Global Investors Adds $471M in Waters Corporation ($WAT)
Key Points
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Viking Global Investors acquired a new position in Waters Corporation ($WAT), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,256,462 shares of Waters Corporation. Viking Global Investors's holdings in Waters Corporation were worth $471.22 million as of its most recent filing.
Waters Corporation Stock Down 9.6%
Shares of Waters Corporation ($WAT) traded around $375.04 on Saturday, down 9.6% for the day.
Waters Corporation Earnings
Analysts Set New Price Targets
About Waters Corporation
Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer goods, and healthcare products, as well as for life science research; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology, which is used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.
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