New York State Teachers Retirement System lowered its holdings in shares of Agilent Technologies, Inc. (NYSE:A - Free Report) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 252,116 shares of the medical research company's stock after selling 9,528 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Agilent Technologies worth $37,434,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of A. Crewe Advisors LLC raised its stake in shares of Agilent Technologies by 114.8% in the 2nd quarter. Crewe Advisors LLC now owns 189 shares of the medical research company's stock valued at $25,000 after purchasing an additional 101 shares during the period. Livelsberger Financial Advisory bought a new position in shares of Agilent Technologies during the third quarter worth about $28,000. Ridgewood Investments LLC acquired a new stake in Agilent Technologies in the 2nd quarter valued at approximately $29,000. Fortitude Family Office LLC lifted its stake in Agilent Technologies by 68.3% in the 3rd quarter. Fortitude Family Office LLC now owns 234 shares of the medical research company's stock valued at $35,000 after acquiring an additional 95 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Agilent Technologies during the 2nd quarter worth approximately $39,000.
Analysts Set New Price Targets
A has been the topic of a number of research reports. Evercore ISI boosted their price objective on shares of Agilent Technologies from $135.00 to $145.00 and gave the stock an "in-line" rating in a research report on Tuesday, October 1st. Citigroup boosted their price target on shares of Agilent Technologies from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. Stifel Nicolaus restated a "buy" rating and issued a $151.00 price objective on shares of Agilent Technologies in a report on Monday, August 26th. Barclays lifted their target price on Agilent Technologies from $135.00 to $145.00 and gave the company an "underweight" rating in a research report on Tuesday, October 15th. Finally, UBS Group increased their price target on Agilent Technologies from $141.00 to $150.00 and gave the company a "neutral" rating in a research report on Thursday, August 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $144.36.
Check Out Our Latest Analysis on A
Agilent Technologies Stock Performance
Shares of NYSE A traded up $6.56 during mid-day trading on Friday, reaching $136.87. 2,074,954 shares of the company were exchanged, compared to its average volume of 1,682,655. The stock has a market capitalization of $39.33 billion, a P/E ratio of 28.84, a P/E/G ratio of 6.31 and a beta of 1.05. The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 0.36. The company's 50-day simple moving average is $139.81 and its 200-day simple moving average is $138.07. Agilent Technologies, Inc. has a twelve month low of $102.70 and a twelve month high of $155.35.
Agilent Technologies (NYSE:A - Get Free Report) last issued its quarterly earnings data on Wednesday, August 21st. The medical research company reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.06. The company had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.56 billion. Agilent Technologies had a return on equity of 25.26% and a net margin of 21.75%. The business's revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.43 earnings per share. As a group, research analysts predict that Agilent Technologies, Inc. will post 5.24 earnings per share for the current year.
Agilent Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Tuesday, October 1st were given a $0.236 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.69%. Agilent Technologies's payout ratio is presently 19.50%.
Insider Activity at Agilent Technologies
In other news, SVP Dominique Grau sold 9,990 shares of Agilent Technologies stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $145.00, for a total value of $1,448,550.00. Following the completion of the sale, the senior vice president now directly owns 40,011 shares in the company, valued at approximately $5,801,595. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Agilent Technologies news, CEO Padraig Mcdonnell sold 1,958 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $145.00, for a total transaction of $283,910.00. Following the sale, the chief executive officer now directly owns 24,118 shares in the company, valued at $3,497,110. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Dominique Grau sold 9,990 shares of the business's stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $145.00, for a total transaction of $1,448,550.00. Following the completion of the transaction, the senior vice president now owns 40,011 shares of the company's stock, valued at $5,801,595. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,995 shares of company stock worth $1,739,510.
About Agilent Technologies
(
Free Report)
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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