Nordea Investment Management AB lessened its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,774,119 shares of the medical research company’s stock after selling 106,321 shares during the period. Nordea Investment Management AB owned about 0.63% of Agilent Technologies worth $242,983,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in A. Capital A Wealth Management LLC increased its position in Agilent Technologies by 10,600.0% during the 2nd quarter. Capital A Wealth Management LLC now owns 214 shares of the medical research company’s stock valued at $25,000 after purchasing an additional 212 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Agilent Technologies in the 4th quarter worth approximately $27,000. Davis Capital Management acquired a new position in shares of Agilent Technologies in the 3rd quarter worth approximately $28,000. Physician Wealth Advisors Inc. boosted its stake in shares of Agilent Technologies by 490.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 236 shares of the medical research company’s stock valued at $30,000 after purchasing an additional 196 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of Agilent Technologies in the 2nd quarter valued at $35,000.
Agilent Technologies Stock Down 0.5%
Agilent Technologies stock opened at $111.18 on Monday. The company has a market capitalization of $31.42 billion, a PE ratio of 24.54, a PEG ratio of 2.34 and a beta of 1.31. Agilent Technologies, Inc. has a 12-month low of $96.43 and a 12-month high of $160.27. The firm’s fifty day moving average is $126.87 and its 200 day moving average is $135.47. The company has a quick ratio of 1.59, a current ratio of 2.07 and a debt-to-equity ratio of 0.44.
Agilent Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Tuesday, March 31st will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, March 31st. Agilent Technologies’s dividend payout ratio is 22.52%.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on A. Barclays lowered their target price on shares of Agilent Technologies from $165.00 to $150.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. increased their price target on Agilent Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Agilent Technologies in a research report on Monday, December 29th. UBS Group dropped their price objective on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Evercore upgraded Agilent Technologies from an “in-line” rating to an “outperform” rating and upped their target price for the company from $155.00 to $160.00 in a research report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Agilent Technologies currently has an average rating of “Moderate Buy” and an average price target of $161.20.
Get Our Latest Stock Report on A
About Agilent Technologies
Agilent Technologies is a global provider of scientific instrumentation, consumables, software and services for laboratories across the life sciences, diagnostics and applied chemical markets. The company’s product portfolio includes analytical instruments such as liquid and gas chromatographs, mass spectrometers, spectroscopy systems, and laboratory automation solutions, together with reagents, supplies and informatics tools that support measurement, testing and data analysis workflows. Agilent also offers instrument maintenance, qualification and laboratory services designed to help customers improve productivity and comply with regulatory requirements.
Founded as a corporate spin-off from Hewlett‑Packard in 1999, Agilent has evolved through a combination of strategic restructuring and acquisitions to concentrate on life sciences, diagnostics and applied laboratories.
See Also
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