TCW Group Inc. boosted its position in shares of Agilent Technologies, Inc. (NYSE:A) by 32.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 42,535 shares of the company’s stock after buying an additional 10,345 shares during the period. TCW Group Inc.’s holdings in Agilent Technologies were worth $1,938,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in A. Tredje AP fonden increased its stake in Agilent Technologies by 13.3% in the fourth quarter. Tredje AP fonden now owns 43,851 shares of the company’s stock worth $2,004,000 after buying an additional 5,136 shares in the last quarter. Stockman Wealth Management Inc. boosted its position in Agilent Technologies by 3.0% in the fourth quarter. Stockman Wealth Management Inc. now owns 5,175 shares of the company’s stock worth $236,000 after buying an additional 150 shares during the last quarter. State Street Corp boosted its position in Agilent Technologies by 4.7% in the fourth quarter. State Street Corp now owns 14,309,907 shares of the company’s stock worth $651,951,000 after buying an additional 648,254 shares during the last quarter. Cipher Capital LP boosted its position in Agilent Technologies by 151.0% in the fourth quarter. Cipher Capital LP now owns 74,794 shares of the company’s stock worth $3,407,000 after buying an additional 45,001 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in Agilent Technologies by 4.8% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 43,906 shares of the company’s stock worth $2,000,000 after buying an additional 2,025 shares during the last quarter.
Agilent Technologies, Inc. (NYSE:A) traded up 0.04% on Friday, reaching $50.86. The company had a trading volume of 600,196 shares. The stock has a market capitalization of $16.38 billion, a P/E ratio of 32.62 and a beta of 1.19. Agilent Technologies, Inc. has a 1-year low of $36.47 and a 1-year high of $51.84. The stock’s 50 day moving average is $48.56 and its 200-day moving average is $46.62.
Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Tuesday, February 14th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.04. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.05 billion. Agilent Technologies had a return on equity of 15.49% and a net margin of 10.99%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 earnings per share. On average, equities analysts predict that Agilent Technologies, Inc. will post $2.13 EPS for the current fiscal year.
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A has been the topic of a number of analyst reports. Deutsche Bank AG initiated coverage on Agilent Technologies in a research report on Wednesday, January 18th. They set a “buy” rating and a $54.00 price objective on the stock. Zacks Investment Research cut Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, October 20th. Cowen and Company cut Agilent Technologies from an “outperform” rating to a “market perform” rating and set a $51.00 price objective on the stock. in a research report on Wednesday, January 4th. Janney Montgomery Scott reaffirmed a “buy” rating on shares of Agilent Technologies in a research report on Friday, December 23rd. Finally, Leerink Swann initiated coverage on Agilent Technologies in a research report on Thursday, November 10th. They set an “outperform” rating and a $53.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $51.96.
In other news, CFO Didier Hirsch sold 22,256 shares of the stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $48.50, for a total value of $1,079,416.00. Following the transaction, the chief financial officer now directly owns 190,023 shares of the company’s stock, valued at $9,216,115.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Doak sold 3,969 shares of the stock in a transaction dated Friday, December 9th. The shares were sold at an average price of $46.00, for a total value of $182,574.00. Following the completion of the transaction, the insider now directly owns 54,626 shares in the company, valued at $2,512,796. The disclosure for this sale can be found here. Insiders sold 92,995 shares of company stock worth $4,633,877 over the last three months.
About Agilent Technologies
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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