Wealth Enhancement Advisory Services LLC boosted its stake in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 70.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,713 shares of the medical research company’s stock after buying an additional 36,350 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Agilent Technologies were worth $10,647,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in A. Whipplewood Advisors LLC increased its position in Agilent Technologies by 286.2% during the 1st quarter. Whipplewood Advisors LLC now owns 251 shares of the medical research company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Sunbelt Securities Inc. increased its position in Agilent Technologies by 640.0% during the 4th quarter. Sunbelt Securities Inc. now owns 222 shares of the medical research company’s stock valued at $30,000 after buying an additional 192 shares in the last quarter. Stone House Investment Management LLC bought a new position in Agilent Technologies during the 1st quarter valued at approximately $30,000. Opal Wealth Advisors LLC bought a new position in Agilent Technologies during the 1st quarter valued at approximately $31,000. Finally, Ransom Advisory Ltd bought a new position in Agilent Technologies during the 1st quarter valued at approximately $32,000.
Analysts Set New Price Targets
A has been the subject of a number of analyst reports. Wall Street Zen lowered Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Evercore ISI reduced their target price on Agilent Technologies from $130.00 to $128.00 and set an “in-line” rating for the company in a report on Thursday, August 28th. TD Cowen lifted their target price on Agilent Technologies to $150.00 and gave the stock a “buy” rating in a report on Thursday, May 29th. Robert W. Baird lifted their target price on Agilent Technologies from $141.00 to $142.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Finally, UBS Group reduced their target price on Agilent Technologies from $150.00 to $130.00 and set a “neutral” rating for the company in a report on Thursday, May 29th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $140.08.
Agilent Technologies Stock Up 0.0%
Agilent Technologies stock opened at $126.36 on Tuesday. The business has a fifty day moving average of $120.37 and a two-hundred day moving average of $115.81. The company has a quick ratio of 1.71, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The firm has a market cap of $35.82 billion, a P/E ratio of 29.66, a P/E/G ratio of 3.93 and a beta of 1.24. Agilent Technologies, Inc. has a twelve month low of $96.43 and a twelve month high of $153.84.
Agilent Technologies (NYSE:A – Get Free Report) last posted its earnings results on Wednesday, August 27th. The medical research company reported $1.37 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.37. The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.67 billion. Agilent Technologies had a return on equity of 25.51% and a net margin of 17.97%.Agilent Technologies’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.32 earnings per share. Agilent Technologies has set its FY 2025 guidance at 5.560-5.590 EPS. Q4 2025 guidance at 1.570-1.600 EPS. On average, analysts forecast that Agilent Technologies, Inc. will post 5.58 earnings per share for the current fiscal year.
Agilent Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.248 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. Agilent Technologies’s dividend payout ratio is currently 23.24%.
Insiders Place Their Bets
In other news, CEO Padraig Mcdonnell sold 1,508 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $117.44, for a total transaction of $177,099.52. Following the transaction, the chief executive officer directly owned 37,448 shares of the company’s stock, valued at approximately $4,397,893.12. This represents a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Agilent Technologies Profile
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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