Agilent Technologies, Inc. (NYSE:A - Get Free Report) announced a quarterly dividend on Wednesday, February 19th, RTT News reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.248 per share by the medical research company on Wednesday, April 23rd. This represents a $0.99 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Tuesday, April 1st.
Agilent Technologies has raised its dividend by an average of 6.5% per year over the last three years. Agilent Technologies has a dividend payout ratio of 16.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Agilent Technologies to earn $6.13 per share next year, which means the company should continue to be able to cover its $0.99 annual dividend with an expected future payout ratio of 16.2%.
Agilent Technologies Price Performance
A stock traded down $1.46 during midday trading on Friday, reaching $135.33. The company had a trading volume of 1,112,236 shares, compared to its average volume of 1,641,125. The firm has a 50-day moving average price of $140.97 and a 200-day moving average price of $139.29. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.09 and a quick ratio of 1.58. The company has a market capitalization of $38.61 billion, a P/E ratio of 30.62, a P/E/G ratio of 3.71 and a beta of 1.07. Agilent Technologies has a 1 year low of $124.16 and a 1 year high of $155.35.
Agilent Technologies (NYSE:A - Get Free Report) last released its quarterly earnings results on Monday, November 25th. The medical research company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.05. Agilent Technologies had a return on equity of 25.43% and a net margin of 19.80%. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the business posted $1.38 earnings per share. The company's revenue for the quarter was up .8% on a year-over-year basis. On average, research analysts anticipate that Agilent Technologies will post 5.56 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have commented on A. StockNews.com raised shares of Agilent Technologies from a "hold" rating to a "buy" rating in a research note on Tuesday, December 24th. Barclays upgraded shares of Agilent Technologies from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $135.00 to $145.00 in a research report on Monday, February 10th. Sanford C. Bernstein cut their price target on shares of Agilent Technologies from $140.00 to $135.00 and set a "market perform" rating for the company in a research report on Tuesday, November 26th. Citigroup lifted their price objective on Agilent Technologies to $165.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Finally, JPMorgan Chase & Co. dropped their target price on Agilent Technologies from $165.00 to $160.00 and set an "overweight" rating for the company in a report on Tuesday, November 26th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $144.38.
Read Our Latest Report on Agilent Technologies
Insider Buying and Selling
In other Agilent Technologies news, CEO Padraig Mcdonnell sold 1,911 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $150.00, for a total transaction of $286,650.00. Following the transaction, the chief executive officer now owns 39,652 shares in the company, valued at approximately $5,947,800. This represents a 4.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is currently owned by insiders.
About Agilent Technologies
(
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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.
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