University of Texas Texas AM Investment Management Co. boosted its position in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 57.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,652 shares of the medical research company’s stock after purchasing an additional 4,240 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Agilent Technologies were worth $1,585,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of A. Core Wealth Advisors LLC acquired a new stake in Agilent Technologies during the fourth quarter valued at $26,000. Board of the Pension Protection Fund acquired a new stake in Agilent Technologies during the fourth quarter valued at $27,000. Navalign LLC acquired a new stake in Agilent Technologies during the fourth quarter valued at $27,000. Entrust Financial LLC acquired a new stake in shares of Agilent Technologies in the fourth quarter worth about $31,000. Finally, Torren Management LLC acquired a new stake in shares of Agilent Technologies in the fourth quarter worth about $32,000.
Agilent Technologies Trading Up 0.5%
Agilent Technologies stock opened at $130.52 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10. The business’s 50-day simple moving average is $120.55 and its 200-day simple moving average is $127.49. The firm has a market capitalization of $36.86 billion, a PE ratio of 26.21, a PEG ratio of 2.31 and a beta of 1.26. Agilent Technologies, Inc. has a 52 week low of $108.35 and a 52 week high of $160.27.
Agilent Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid a $0.255 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. Agilent Technologies’s payout ratio is presently 20.48%.
Analyst Ratings Changes
A has been the subject of a number of analyst reports. Wall Street Zen raised Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Robert W. Baird boosted their price target on Agilent Technologies from $155.00 to $156.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. Barclays boosted their price target on Agilent Technologies from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Wolfe Research reaffirmed a “hold” rating on shares of Agilent Technologies in a research report on Tuesday, June 2nd. Finally, TD Cowen boosted their price target on Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Agilent Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $160.93.
Check Out Our Latest Stock Report on A
Agilent Technologies Company Profile
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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