Swedbank AB grew its stake in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 102.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 332,316 shares of the medical research company’s stock after purchasing an additional 168,296 shares during the period. Swedbank AB’s holdings in Agilent Technologies were worth $45,218,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Board of the Pension Protection Fund purchased a new stake in shares of Agilent Technologies during the fourth quarter valued at $27,000. Navalign LLC purchased a new stake in shares of Agilent Technologies during the fourth quarter valued at $27,000. Physician Wealth Advisors Inc. raised its position in Agilent Technologies by 490.0% during the third quarter. Physician Wealth Advisors Inc. now owns 236 shares of the medical research company’s stock valued at $30,000 after buying an additional 196 shares during the period. Entrust Financial LLC acquired a new position in Agilent Technologies during the fourth quarter valued at $31,000. Finally, Torren Management LLC acquired a new position in Agilent Technologies during the fourth quarter valued at $32,000.
Agilent Technologies Stock Up 0.0%
NYSE:A opened at $115.01 on Monday. The firm has a market capitalization of $32.50 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.42 and a beta of 1.22. Agilent Technologies, Inc. has a 1-year low of $107.07 and a 1-year high of $160.27. The company has a current ratio of 2.07, a quick ratio of 1.59 and a debt-to-equity ratio of 0.44. The business’s fifty day moving average price is $114.77 and its 200 day moving average price is $129.46.
Agilent Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is presently 22.52%.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on A shares. Barclays dropped their price target on Agilent Technologies from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Wall Street Zen lowered Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. TD Cowen dropped their price target on Agilent Technologies from $170.00 to $157.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company dropped their price target on Agilent Technologies from $175.00 to $165.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, Morgan Stanley dropped their price target on Agilent Technologies from $180.00 to $160.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Agilent Technologies has an average rating of “Buy” and an average price target of $163.71.
Get Our Latest Analysis on Agilent Technologies
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.
Further Reading
- Five stocks we like better than Agilent Technologies
- The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
Want to see what other hedge funds are holding A? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Agilent Technologies, Inc. (NYSE:A – Free Report).
Receive News & Ratings for Agilent Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilent Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
