Bahl & Gaynor Inc. lowered its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 2.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,074 shares of the medical research company’s stock after selling 330 shares during the quarter. Bahl & Gaynor Inc.’s holdings in Agilent Technologies were worth $1,488,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of A. Massachusetts Financial Services Co. MA lifted its position in Agilent Technologies by 3.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 15,589,874 shares of the medical research company’s stock valued at $2,314,784,000 after buying an additional 525,214 shares during the last quarter. FMR LLC lifted its position in shares of Agilent Technologies by 62.2% during the third quarter. FMR LLC now owns 1,287,665 shares of the medical research company’s stock worth $191,193,000 after purchasing an additional 493,947 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in shares of Agilent Technologies during the third quarter worth about $49,449,000. Van ECK Associates Corp lifted its position in shares of Agilent Technologies by 8.7% during the fourth quarter. Van ECK Associates Corp now owns 3,235,263 shares of the medical research company’s stock worth $434,625,000 after purchasing an additional 258,358 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Agilent Technologies by 63.3% during the third quarter. Jennison Associates LLC now owns 586,439 shares of the medical research company’s stock worth $87,075,000 after purchasing an additional 227,431 shares in the last quarter.
Insider Buying and Selling at Agilent Technologies
In other Agilent Technologies news, CEO Padraig Mcdonnell sold 1,911 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $150.00, for a total value of $286,650.00. Following the completion of the sale, the chief executive officer now owns 39,652 shares of the company’s stock, valued at approximately $5,947,800. This trade represents a 4.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Agilent Technologies Price Performance
Agilent Technologies (NYSE:A – Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The medical research company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.04. Agilent Technologies had a return on equity of 25.56% and a net margin of 19.27%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.67 billion. Sell-side analysts forecast that Agilent Technologies, Inc. will post 5.57 EPS for the current year.
Agilent Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 1st will be issued a $0.248 dividend. This represents a $0.99 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Tuesday, April 1st. Agilent Technologies’s dividend payout ratio (DPR) is currently 22.76%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. Barclays raised shares of Agilent Technologies from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $135.00 to $145.00 in a research report on Monday, February 10th. Bank of America reduced their price target on shares of Agilent Technologies from $153.00 to $150.00 and set a “neutral” rating on the stock in a research report on Friday, December 13th. Wells Fargo & Company cut their target price on shares of Agilent Technologies from $157.00 to $155.00 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Sanford C. Bernstein cut their target price on shares of Agilent Technologies from $140.00 to $135.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 26th. Finally, Citigroup upped their target price on shares of Agilent Technologies to $165.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $146.15.
View Our Latest Stock Analysis on A
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.
See Also
- Five stocks we like better than Agilent Technologies
- Airline Stocks – Top Airline Stocks to Buy Now
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Comparing and Trading High PE Ratio Stocks
- Tesla Stock: Finding a Bottom May Take Time
- What is the Dogs of the Dow Strategy? Overview and Examples
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Want to see what other hedge funds are holding A? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Agilent Technologies, Inc. (NYSE:A – Free Report).
Receive News & Ratings for Agilent Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilent Technologies and related companies with MarketBeat.com's FREE daily email newsletter.