Principal Financial Group Inc. increased its position in shares of Agilent Technologies Inc. (NYSE:A) by 3.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 508,763 shares of the company’s stock after buying an additional 19,204 shares during the period. Principal Financial Group Inc. owned about 0.16% of Agilent Technologies worth $22,569,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the stock. Cribstone Capital Management LLC acquired a new position in Agilent Technologies during the second quarter worth approximately $102,000. ClariVest Asset Management LLC acquired a new position in Agilent Technologies during the second quarter worth approximately $105,000. CENTRAL TRUST Co raised its position in Agilent Technologies by 1.3% in the second quarter. CENTRAL TRUST Co now owns 2,596 shares of the company’s stock worth $115,000 after buying an additional 34 shares in the last quarter. Trust Department MB Financial Bank N A raised its position in Agilent Technologies by 3,166.4% in the second quarter. Trust Department MB Financial Bank N A now owns 3,887 shares of the company’s stock worth $150,000 after buying an additional 3,768 shares in the last quarter. Finally, JFS Wealth Advisors LLC raised its position in Agilent Technologies by 7,555.6% in the second quarter. JFS Wealth Advisors LLC now owns 3,445 shares of the company’s stock worth $153,000 after buying an additional 3,400 shares in the last quarter.
Shares of Agilent Technologies Inc. (NYSE:A) traded up 0.85% during trading on Friday, hitting $46.69. 182,141 shares of the company traded hands. Agilent Technologies Inc. has a one year low of $33.12 and a one year high of $48.63. The firm has a 50 day moving average price of $46.76 and a 200-day moving average price of $44.39. The stock has a market cap of $15.15 billion, a price-to-earnings ratio of 32.38 and a beta of 1.41.
Agilent Technologies (NYSE:A) last released its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. Agilent Technologies had a net margin of 11.59% and a return on equity of 14.97%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Analysts predict that Agilent Technologies Inc. will post $1.91 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 26th. Investors of record on Tuesday, October 4th will be given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Friday, September 30th. Agilent Technologies’s dividend payout ratio (DPR) is currently 31.72%.
A has been the topic of a number of recent research reports. Goldman Sachs Group Inc. restated a “buy” rating and issued a $50.00 price objective on shares of Agilent Technologies in a research note on Thursday, August 18th. Zacks Investment Research lowered shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. Leerink Swann reiterated an “outperform” rating and set a $51.00 price target on shares of Agilent Technologies in a research note on Thursday, June 30th. Morgan Stanley set a $47.00 price target on shares of Agilent Technologies and gave the stock a “hold” rating in a research note on Thursday, August 18th. Finally, BTIG Research initiated coverage on shares of Agilent Technologies in a research note on Friday, July 22nd. They set a “buy” rating and a $55.00 price target on the stock. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $48.32.
In related news, insider Patrick Kaltenbach sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of $47.00, for a total transaction of $94,000.00. Following the transaction, the insider now owns 22,463 shares of the company’s stock, valued at $1,055,761. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Heidi Fields sold 8,072 shares of the business’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of $46.99, for a total transaction of $379,303.28. Following the transaction, the director now directly owns 51,836 shares in the company, valued at approximately $2,435,773.64. The disclosure for this sale can be found here.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business.
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