Praxis Investment Management Inc. Sells 3,888 Shares of Agilent Technologies, Inc. $A

Praxis Investment Management Inc. trimmed its position in shares of Agilent Technologies, Inc. (NYSE:A) by 44.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,905 shares of the medical research company’s stock after selling 3,888 shares during the quarter. Praxis Investment Management Inc.’s holdings in Agilent Technologies were worth $559,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Bridgefront Capital LLC bought a new stake in shares of Agilent Technologies during the third quarter worth about $1,323,000. Wellington Management Group LLP increased its holdings in Agilent Technologies by 4.8% during the 3rd quarter. Wellington Management Group LLP now owns 9,380,521 shares of the medical research company’s stock worth $1,203,990,000 after purchasing an additional 433,342 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Agilent Technologies by 4.3% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 599,581 shares of the medical research company’s stock worth $82,712,000 after purchasing an additional 24,687 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Agilent Technologies in the third quarter worth approximately $1,203,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Agilent Technologies by 13.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,147,601 shares of the medical research company’s stock valued at $1,925,064,000 after purchasing an additional 1,713,216 shares in the last quarter.

Agilent Technologies Price Performance

A stock opened at $130.79 on Monday. The firm has a market cap of $36.94 billion, a P/E ratio of 26.26, a P/E/G ratio of 2.33 and a beta of 1.25. The firm’s fifty day moving average is $124.00 and its 200 day moving average is $125.88. Agilent Technologies, Inc. has a 52 week low of $108.35 and a 52 week high of $160.27. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10.

Agilent Technologies (NYSE:A) last posted its quarterly earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.08. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the firm posted $1.31 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. 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. Research analysts predict that Agilent Technologies, Inc. will post 6 earnings per share for the current year.

Agilent Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued a dividend of $0.255 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 annualized dividend and a yield of 0.8%. Agilent Technologies’s dividend payout ratio is currently 20.48%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Sanford C. Bernstein started coverage on Agilent Technologies in a research note on Friday, June 26th. They set an “outperform” rating and a $155.00 price objective on the stock. Robert W. Baird increased their target price on shares of Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Piper Sandler started 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 on the stock. Wells Fargo & Company cut their price target on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, May 28th. Finally, HSBC reduced their price objective on shares of Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Agilent Technologies presently has an average rating of “Moderate Buy” and an average price target of $160.88.

About Agilent Technologies

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.