Agilent Technologies (NYSE:A) Hits New 1-Year High – What’s Next?

Agilent Technologies, Inc. (NYSE:A) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $164.29 and last traded at $164.7590, with a volume of 368968 shares changing hands. The stock had previously closed at $161.94.

Analyst Upgrades and Downgrades

A has been the topic of several research analyst reports. Sanford C. Bernstein increased their price objective on Agilent Technologies from $155.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Morgan Stanley boosted their price objective on shares of Agilent Technologies from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on Agilent Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. The Goldman Sachs Group raised their price target on shares of Agilent Technologies from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Finally, Wolfe Research reaffirmed a “hold” rating on shares of Agilent Technologies in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $170.33.

Agilent Technologies Stock Up 2.7%

The business’s 50 day moving average is $146.35 and its 200-day moving average is $130.04. The stock has a market cap of $46.88 billion, a price-to-earnings ratio of 32.75, a PEG ratio of 2.38 and a beta of 1.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.56 and a current ratio of 2.05.

Agilent Technologies (NYSE:A) last released its earnings results on Wednesday, August 26th. The medical research company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.13. Agilent Technologies had a net margin of 19.53% and a return on equity of 24.45%. The business had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the previous year, the company earned $1.37 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Agilent Technologies has set its Q4 2026 guidance at 1.710-1.740 EPS and its FY 2026 guidance at 6.180-6.210 EPS. On average, sell-side analysts predict that Agilent Technologies, Inc. will post 6.2 EPS for the current fiscal year.

Agilent Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Tuesday, October 6th will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.6%. Agilent Technologies’s dividend payout ratio is presently 20.08%.

Insider Transactions at Agilent Technologies

In other Agilent Technologies news, Director Mikael Dolsten sold 634 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $151.38, for a total value of $95,974.92. Following the completion of the sale, the director owned 4,924 shares in the company, valued at approximately $745,395.12. This represents a 11.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Trading of Agilent Technologies

Large investors have recently added to or reduced their stakes in the stock. SHP Wealth Management purchased a new stake in shares of Agilent Technologies in the fourth quarter valued at about $26,000. Core Wealth Advisors LLC acquired a new stake in Agilent Technologies in the 4th quarter valued at approximately $26,000. Markowski Investments acquired a new stake in shares of Agilent Technologies in the second quarter valued at $27,000. MV Capital Management Inc. purchased a new stake in Agilent Technologies during the fourth quarter worth about $28,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in Agilent Technologies during the 1st quarter worth approximately $27,000.

Agilent Technologies Company Profile

Agilent Technologies, Inc is a global provider of analytical instruments, laboratory software, consumables and services used by organizations in the life sciences, diagnostics, pharmaceutical, chemical, environmental and food industries. Its solutions help customers analyze the composition and quality of substances, develop and manufacture products, and conduct research and testing.

The company’s offerings include liquid and gas chromatography systems, mass spectrometry instruments, spectroscopy and atomic analysis equipment, automated electrophoresis systems, laboratory informatics software, columns and other consumables.