Dimensional Fund Advisors LP boosted its stake in Agilent Technologies Inc. (NYSE:A) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,093,023 shares of the company’s stock after buying an additional 4,165 shares during the period. Dimensional Fund Advisors LP owned about 0.34% of Agilent Technologies worth $48,481,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Canada Pension Plan Investment Board increased its position in Agilent Technologies by 23.6% in the first quarter. Canada Pension Plan Investment Board now owns 450,630 shares of the company’s stock valued at $17,958,000 after buying an additional 85,991 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its position in Agilent Technologies by 21.3% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 42,491 shares of the company’s stock valued at $1,693,000 after buying an additional 7,462 shares during the period. Aviva PLC increased its position in Agilent Technologies by 0.4% in the first quarter. Aviva PLC now owns 332,913 shares of the company’s stock valued at $13,267,000 after buying an additional 1,456 shares during the period. ING Groep NV bought a new position in Agilent Technologies during the first quarter valued at $298,000. Finally, Landscape Capital Management L.L.C. bought a new position in Agilent Technologies during the first quarter valued at $1,980,000.
Shares of Agilent Technologies Inc. (NYSE:A) opened at 46.94 on Tuesday. Agilent Technologies Inc. has a one year low of $34.15 and a one year high of $48.63. The stock has a market cap of $15.23 billion, a price-to-earnings ratio of 32.55 and a beta of 1.35. The company has a 50 day moving average price of $46.62 and a 200-day moving average price of $44.86.
Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.02. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. Agilent Technologies had a net margin of 11.59% and a return on equity of 14.97%. Agilent Technologies’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company posted $0.44 EPS. Equities analysts predict that Agilent Technologies Inc. will post $1.91 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 26th. Investors of record on Tuesday, October 4th will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Friday, September 30th. Agilent Technologies’s dividend payout ratio is presently 31.72%.
Several brokerages have recently commented on A. Bank of America Corp. set a $51.00 price objective on Agilent Technologies and gave the company a “buy” rating in a research report on Friday. Zacks Investment Research upgraded Agilent Technologies from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research report on Wednesday, October 5th. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a $53.00 target price on shares of Agilent Technologies in a research report on Wednesday, September 7th. Morgan Stanley set a $47.00 target price on Agilent Technologies and gave the stock a “hold” rating in a research report on Thursday, August 18th. Finally, Robert W. Baird boosted their target price on Agilent Technologies from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Thursday, August 18th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $48.89.
In other Agilent Technologies news, VP Rodney Gonsalves sold 8,141 shares of the firm’s stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $47.82, for a total value of $389,302.62. Following the transaction, the vice president now directly owns 16,322 shares of the company’s stock, valued at approximately $780,518.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James Cullen sold 13,574 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $47.52, for a total transaction of $645,036.48. 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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