AGF Management Ltd. Invests $1.10 Million in Agilent Technologies, Inc. $A

AGF Management Ltd. purchased a new position in shares of Agilent Technologies, Inc. (NYSE:A) in the second quarter, according to its most recent filing with the SEC. The firm purchased 9,296 shares of the medical research company’s stock, valued at approximately $1,097,000.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Agilent Technologies by 6.1% during the fourth quarter. Brighton Jones LLC now owns 4,663 shares of the medical research company’s stock valued at $626,000 after buying an additional 270 shares during the period. Ballentine Partners LLC increased its position in shares of Agilent Technologies by 5.4% during the 1st quarter. Ballentine Partners LLC now owns 2,902 shares of the medical research company’s stock valued at $339,000 after purchasing an additional 148 shares during the last quarter. Stephens Inc. AR raised its stake in shares of Agilent Technologies by 404.6% during the first quarter. Stephens Inc. AR now owns 20,022 shares of the medical research company’s stock worth $2,342,000 after acquiring an additional 16,054 shares in the last quarter. Edgestream Partners L.P. purchased a new position in Agilent Technologies in the 1st quarter worth $4,417,000. Finally, Wealthfront Advisers LLC lifted its stake in shares of Agilent Technologies by 1.4% in the 1st quarter. Wealthfront Advisers LLC now owns 17,364 shares of the medical research company’s stock valued at $2,031,000 after acquiring an additional 233 shares during the last quarter. Institutional investors own 87.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Agilent Technologies in a research note on Wednesday, October 8th. Evercore ISI increased their price objective on shares of Agilent Technologies from $128.00 to $140.00 and gave the company an “in-line” rating in a report on Tuesday, October 7th. Rothschild & Co Redburn began coverage on shares of Agilent Technologies in a research report on Wednesday, October 8th. They set a “buy” rating and a $165.00 target price on the stock. JPMorgan Chase & Co. increased their price target on Agilent Technologies from $155.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, October 9th. Finally, Robert W. Baird upped 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. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Agilent Technologies has an average rating of “Moderate Buy” and an average price target of $149.62.

Agilent Technologies Stock Performance

Shares of A opened at $149.39 on Wednesday. The company’s 50 day simple moving average is $136.38 and its 200-day simple moving average is $123.14. Agilent Technologies, Inc. has a 12-month low of $96.43 and a 12-month high of $153.84. The firm has a market cap of $42.35 billion, a PE ratio of 35.07, a price-to-earnings-growth ratio of 4.67 and a beta of 1.29. The company has a current ratio of 2.25, a quick ratio of 1.71 and a debt-to-equity ratio of 0.53.

Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, August 27th. The medical research company reported $1.37 earnings per share for the quarter, hitting the consensus estimate of $1.37. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.67 billion. Agilent Technologies had a return on equity of 25.51% and a net margin of 17.97%.The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the company 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. As a group, equities analysts predict that Agilent Technologies, Inc. will post 5.58 EPS for the current year.

Agilent Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Tuesday, September 30th were issued a $0.248 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.99 annualized dividend and a yield of 0.7%. Agilent Technologies’s dividend payout ratio is 23.24%.

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.