Agilent Technologies, Inc. (A) To Go Ex-Dividend on July 2nd

Agilent Technologies, Inc. (NYSE:AGet Free Report) declared a quarterly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Tuesday, July 2nd will be paid a dividend of 0.236 per share by the medical research company on Wednesday, July 24th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Tuesday, July 2nd.

Agilent Technologies has raised its dividend by an average of 19.0% annually over the last three years. Agilent Technologies has a dividend payout ratio of 16.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Agilent Technologies to earn $5.81 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 16.2%.

Agilent Technologies Stock Down 0.9 %

Shares of NYSE A opened at $129.63 on Friday. The company has a market capitalization of $37.82 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 4.44 and a beta of 1.07. Agilent Technologies has a 52-week low of $96.80 and a 52-week high of $155.35. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.64 and a current ratio of 2.15. The company’s 50 day moving average price is $139.56 and its 200-day moving average price is $138.47.

Agilent Technologies (NYSE:AGet Free Report) last issued its quarterly earnings results on Wednesday, May 29th. The medical research company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.58 billion. Agilent Technologies had a net margin of 18.84% and a return on equity of 26.25%. The company’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.27 EPS. Equities analysts forecast that Agilent Technologies will post 5.25 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on A. TD Cowen lowered their price objective on shares of Agilent Technologies from $163.00 to $153.00 and set a “buy” rating on the stock in a report on Thursday, May 30th. Wolfe Research lowered shares of Agilent Technologies from an “outperform” rating to a “peer perform” rating in a research note on Thursday. Robert W. Baird reduced their target price on shares of Agilent Technologies from $147.00 to $136.00 and set an “outperform” rating for the company in a research note on Thursday, May 30th. Oppenheimer upped their target price on shares of Agilent Technologies from $67.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Agilent Technologies from $165.00 to $155.00 and set an “overweight” rating for the company in a research note on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $136.88.

View Our Latest Report on A

Insider Transactions at Agilent Technologies

In related news, SVP Dominique Grau sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $133.28, for a total value of $1,999,200.00. Following the sale, the senior vice president now directly owns 49,486 shares of the company’s stock, valued at $6,595,494.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Padraig Mcdonnell sold 1,958 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $130.00, for a total value of $254,540.00. Following the sale, the chief executive officer now directly owns 25,185 shares of the company’s stock, valued at $3,274,050. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Dominique Grau sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $133.28, for a total transaction of $1,999,200.00. Following the completion of the sale, the senior vice president now directly owns 49,486 shares in the company, valued at $6,595,494.08. The disclosure for this sale can be found here.

Agilent Technologies Company Profile

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Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.

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Dividend History for Agilent Technologies (NYSE:A)

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