Agilent Technologies, Inc. (NYSE:A) Plans $0.26 Quarterly Dividend

Agilent Technologies, Inc. (NYSE:A) announced a quarterly dividend on Wednesday, September 16th. Shareholders of record on Tuesday, October 6th will be given a dividend of 0.255 per share by the medical research company on Wednesday, October 28th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, October 6th.

Agilent Technologies has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 9 years. Agilent Technologies has a dividend payout ratio of 16.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Agilent Technologies to earn $6.77 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 15.1%.

Agilent Technologies Stock Performance

NYSE A opened at $153.46 on Thursday. The company has a 50-day simple moving average of $144.90 and a two-hundred day simple moving average of $129.22. The company has a quick ratio of 1.56, a current ratio of 2.05 and a debt-to-equity ratio of 0.50. Agilent Technologies has a 12-month low of $108.35 and a 12-month high of $163.75. The firm has a market cap of $43.26 billion, a price-to-earnings ratio of 30.21, a PEG ratio of 2.29 and a beta of 1.24.

Agilent Technologies (NYSE:A) last released its quarterly earnings data on Wednesday, August 26th. The medical research company reported $1.62 EPS for the quarter, topping the consensus estimate of $1.49 by $0.13. Agilent Technologies had a return on equity of 24.45% and a net margin of 19.53%.The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the previous year, the business earned $1.37 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Agilent Technologies has set its Q4 2026 guidance at 1.710-1.740 EPS and its FY 2026 guidance at 6.180-6.210 EPS. On average, equities analysts forecast that Agilent Technologies will post 6.2 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. TD Cowen boosted their price objective on Agilent Technologies from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. raised their target price on shares of Agilent Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. The Goldman Sachs Group lifted their target price on shares of Agilent Technologies from $155.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Weiss Ratings upgraded shares of Agilent Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, September 11th. Finally, Piper Sandler initiated coverage on shares of Agilent Technologies in a research report on Thursday, June 11th. They set a “neutral” rating and a $150.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Agilent Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $170.33.

About Agilent Technologies

Agilent Technologies, Inc is a global provider of analytical instruments, laboratory software, consumables and services used by organizations in the life sciences, diagnostics, pharmaceutical, chemical, environmental and food industries. Its solutions help customers analyze the composition and quality of substances, develop and manufacture products, and conduct research and testing.

The company’s offerings include liquid and gas chromatography systems, mass spectrometry instruments, spectroscopy and atomic analysis equipment, automated electrophoresis systems, laboratory informatics software, columns and other consumables.