Teacher Retirement System of Texas raised its position in Agilent Technologies, Inc. (NYSE:A) by 303.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,596 shares of the medical research company’s stock after buying an additional 10,229 shares during the quarter. Teacher Retirement System of Texas’ holdings in Agilent Technologies were worth $873,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Agilent Technologies by 45.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,145,610 shares of the medical research company’s stock valued at $720,358,000 after purchasing an additional 3,779,099 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Agilent Technologies by 720.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,131,276 shares of the medical research company’s stock worth $67,097,000 after buying an additional 993,414 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Agilent Technologies during the 2nd quarter worth approximately $58,693,000. Voya Investment Management LLC boosted its position in Agilent Technologies by 444.0% during the 2nd quarter. Voya Investment Management LLC now owns 1,032,128 shares of the medical research company’s stock worth $61,215,000 after buying an additional 842,398 shares during the period. Finally, Janus Henderson Group PLC boosted its position in Agilent Technologies by 2,135.0% during the 2nd quarter. Janus Henderson Group PLC now owns 836,051 shares of the medical research company’s stock worth $49,587,000 after buying an additional 798,643 shares during the period.
Agilent Technologies, Inc. (NYSE:A) traded up $0.82 on Thursday, reaching $66.71. 2,294,513 shares of the company traded hands, compared to its average volume of 1,866,067. The company has a market capitalization of $21,185.94, a price-to-earnings ratio of 27.78, a P/E/G ratio of 1.99 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.85 and a current ratio of 3.30. Agilent Technologies, Inc. has a one year low of $44.77 and a one year high of $70.93.
Agilent Technologies (NYSE:A) last released its quarterly earnings data on Monday, November 20th. The medical research company reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.05. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.17 billion. Agilent Technologies had a net margin of 15.30% and a return on equity of 16.96%. The company’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. equities analysts predict that Agilent Technologies, Inc. will post 2.58 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Tuesday, January 2nd will be issued a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.89%. This is an increase from Agilent Technologies’s previous quarterly dividend of $0.13. The ex-dividend date is Friday, December 29th. Agilent Technologies’s dividend payout ratio is presently 25.24%.
In other Agilent Technologies news, insider Patrick Kaltenbach sold 5,000 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $65.26, for a total transaction of $326,300.00. Following the transaction, the insider now directly owns 45,143 shares in the company, valued at $2,946,032.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Didier Hirsch sold 1,200 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $66.00, for a total transaction of $79,200.00. Following the transaction, the chief financial officer now owns 164,202 shares in the company, valued at $10,837,332. The disclosure for this sale can be found here. Over the last three months, insiders sold 155,268 shares of company stock worth $10,637,706.
Several research firms recently commented on A. Morgan Stanley reiterated an “overweight” rating on shares of Agilent Technologies in a research report on Tuesday, November 14th. Zacks Investment Research downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Robert W. Baird restated a “buy” rating and issued a $72.00 price target on shares of Agilent Technologies in a research report on Friday, November 24th. ValuEngine downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Bank of America reiterated an “equal weight” rating on shares of Agilent Technologies in a research report on Tuesday, August 15th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $68.34.
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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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