Summitry LLC Cuts Position in Agilent Technologies, Inc. $A

Summitry LLC decreased its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 666,332 shares of the medical research company’s stock after selling 7,622 shares during the quarter. Agilent Technologies comprises approximately 2.9% of Summitry LLC’s investment portfolio, making the stock its 8th largest holding. Summitry LLC’s holdings in Agilent Technologies were worth $88,509,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Core Wealth Advisors LLC acquired a new position in shares of Agilent Technologies during the 4th quarter valued at $26,000. SHP Wealth Management acquired a new stake in Agilent Technologies in the fourth quarter worth $26,000. Navalign LLC bought a new stake in Agilent Technologies in the fourth quarter valued at $27,000. Cedar Mountain Advisors LLC bought a new stake in Agilent Technologies in the first quarter valued at $27,000. Finally, MV Capital Management Inc. acquired a new position in shares of Agilent Technologies during the fourth quarter valued at about $28,000.

Wall Street Analyst Weigh In

A has been the topic of a number of research analyst reports. Sanford C. Bernstein started coverage on shares of Agilent Technologies in a research report on Friday, June 26th. They set an “outperform” rating and a $155.00 price objective on the stock. Royal Bank Of Canada began coverage on Agilent Technologies in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $153.00 target price for the company. Piper Sandler began coverage on Agilent Technologies in a report on Thursday, June 11th. They issued a “neutral” rating and a $150.00 price target on the stock. Wells Fargo & Company reduced their price objective on Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Finally, Robert W. Baird boosted their price objective on Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Agilent Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $160.24.

Agilent Technologies Stock Up 0.7%

Shares of NYSE A opened at $149.33 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.10 and a quick ratio of 1.62. The company has a 50-day moving average price of $135.12 and a 200-day moving average price of $125.40. The stock has a market capitalization of $42.18 billion, a P/E ratio of 29.99, a P/E/G ratio of 2.62 and a beta of 1.25. Agilent Technologies, Inc. has a 1 year low of $108.35 and a 1 year high of $160.27.

Agilent Technologies (NYSE:A) last posted its earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the business posted $1.31 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. On average, equities research analysts forecast that Agilent Technologies, Inc. will post 6.03 EPS for the current fiscal year.

Agilent Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th were paid a $0.255 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.02 annualized dividend and a dividend yield of 0.7%. Agilent Technologies’s dividend payout ratio is 20.48%.

Agilent Technologies Profile

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.