Y Intercept Hong Kong Ltd bought a new position in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 91,691 shares of the medical research company’s stock, valued at approximately $12,476,000.
A number of other large investors have also recently added to or reduced their stakes in A. Core Wealth Advisors LLC bought a new stake in Agilent Technologies during the fourth quarter worth approximately $26,000. Board of the Pension Protection Fund bought a new stake in Agilent Technologies during the fourth quarter worth approximately $27,000. Navalign LLC bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $27,000. Entrust Financial LLC bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $31,000. Finally, Torren Management LLC bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $32,000.
Agilent Technologies Stock Performance
Shares of NYSE A opened at $129.76 on Friday. The business has a fifty day simple moving average of $120.24 and a 200 day simple moving average of $127.86. The company has a current ratio of 2.10, a quick ratio of 1.62 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $36.65 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 2.31 and a beta of 1.26. Agilent Technologies, Inc. has a one year low of $108.35 and a one year high of $160.27.
Agilent Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is presently 20.48%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on A shares. Robert W. Baird increased their price objective on Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a research report on Tuesday, May 26th. Morgan Stanley reduced their price objective on Agilent Technologies from $180.00 to $160.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. Barclays increased their price objective on Agilent Technologies from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Wells Fargo & Company reduced their price objective on Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, May 28th. Finally, Wall Street Zen raised Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Agilent Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $160.93.
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.
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