Agilent Technologies, Inc. (NYSE:A) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky reduced its position in shares of Agilent Technologies, Inc. (NYSE:A) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,091 shares of the medical research company’s stock after selling 1,402 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Agilent Technologies were worth $3,505,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Agilent Technologies by 18.2% during the 1st quarter. Vanguard Group Inc. now owns 29,884,345 shares of the medical research company’s stock worth $4,348,471,000 after purchasing an additional 4,605,228 shares during the period. Norges Bank purchased a new stake in shares of Agilent Technologies in the 4th quarter valued at $509,904,000. Massachusetts Financial Services Co. MA lifted its stake in Agilent Technologies by 19.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 13,246,489 shares of the medical research company’s stock worth $1,841,659,000 after acquiring an additional 2,170,219 shares in the last quarter. Brown Advisory Inc. boosted its holdings in Agilent Technologies by 262.1% during the 4th quarter. Brown Advisory Inc. now owns 2,292,929 shares of the medical research company’s stock valued at $318,786,000 after acquiring an additional 1,659,768 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in Agilent Technologies by 13.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,542,054 shares of the medical research company’s stock valued at $1,242,956,000 after acquiring an additional 1,042,926 shares in the last quarter. 87.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Agilent Technologies

In related news, CEO Padraig Mcdonnell sold 1,958 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $130.00, for a total value of $254,540.00. Following the completion of the sale, the chief executive officer now owns 25,185 shares in the company, valued at $3,274,050. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Padraig Mcdonnell sold 1,958 shares of the firm’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $130.00, for a total transaction of $254,540.00. Following the sale, the chief executive officer now owns 25,185 shares of the company’s stock, valued at $3,274,050. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Dominique Grau sold 15,000 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $133.28, for a total transaction of $1,999,200.00. Following the sale, the senior vice president now owns 49,486 shares in the company, valued at $6,595,494.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,916 shares of company stock worth $2,527,860. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

A has been the subject of a number of research analyst reports. UBS Group lowered their price target on Agilent Technologies from $155.00 to $141.00 and set a “neutral” rating for the company in a report on Thursday, May 30th. Bank of America raised their price target on shares of Agilent Technologies from $134.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 25th. TD Cowen reaffirmed a “buy” rating and set a $153.00 price objective on shares of Agilent Technologies in a research note on Monday, July 29th. JPMorgan Chase & Co. decreased their target price on Agilent Technologies from $165.00 to $155.00 and set an “overweight” rating for the company in a report on Thursday, May 30th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $135.00 target price (down from $152.00) on shares of Agilent Technologies in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $138.06.

Agilent Technologies Stock Down 2.7 %

Shares of A stock traded down $3.82 on Friday, hitting $139.04. The company’s stock had a trading volume of 2,298,354 shares, compared to its average volume of 1,725,145. The firm’s fifty day moving average price is $133.32 and its 200-day moving average price is $137.92. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.15 and a quick ratio of 1.64. Agilent Technologies, Inc. has a fifty-two week low of $96.80 and a fifty-two week high of $155.35. The stock has a market capitalization of $40.57 billion, a price-to-earnings ratio of 32.87, a P/E/G ratio of 4.86 and a beta of 1.05.

Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, May 29th. The medical research company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.03. Agilent Technologies had a return on equity of 26.25% and a net margin of 18.84%. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the company posted $1.27 earnings per share. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. Research analysts anticipate that Agilent Technologies, Inc. will post 5.24 EPS for the current year.

Agilent Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 24th. Shareholders of record on Tuesday, July 2nd were paid a $0.236 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Tuesday, July 2nd. Agilent Technologies’s dividend payout ratio is presently 22.22%.

Agilent Technologies Company Profile

Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.