DAVENPORT & Co LLC Has $1.17 Million Stock Position in Agilent Technologies, Inc. $A

DAVENPORT & Co LLC grew its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,869 shares of the medical research company’s stock after purchasing an additional 475 shares during the period. DAVENPORT & Co LLC’s holdings in Agilent Technologies were worth $1,165,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Stone House Investment Management LLC acquired a new position in shares of Agilent Technologies during the first quarter valued at about $30,000. Opal Wealth Advisors LLC bought a new stake in shares of Agilent Technologies during the first quarter worth about $31,000. Ransom Advisory Ltd bought a new stake in shares of Agilent Technologies during the first quarter worth about $32,000. Central Pacific Bank Trust Division bought a new stake in shares of Agilent Technologies during the second quarter worth about $33,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Agilent Technologies during the first quarter worth about $38,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on A shares. Robert W. Baird boosted their target price on shares of Agilent Technologies from $141.00 to $142.00 and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Wall Street Zen raised shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Rothschild & Co Redburn started coverage on shares of Agilent Technologies in a research report on Wednesday. They set a “buy” rating and a $165.00 target price for the company. Barclays boosted their target price on shares of Agilent Technologies from $125.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 2nd. Finally, Wells Fargo & Company upped their price objective on shares of Agilent Technologies from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $148.69.

Agilent Technologies Price Performance

Agilent Technologies stock opened at $136.62 on Friday. Agilent Technologies, Inc. has a 52 week low of $96.43 and a 52 week high of $153.84. The company’s 50 day moving average price is $125.04 and its two-hundred day moving average price is $117.05. The company has a quick ratio of 1.71, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The stock has a market cap of $38.73 billion, a P/E ratio of 32.07, a P/E/G ratio of 4.57 and a beta of 1.26.

Agilent Technologies (NYSE:A) last posted its earnings results on Wednesday, August 27th. The medical research company reported $1.37 EPS for the quarter, hitting the consensus estimate of $1.37. Agilent Technologies had a net margin of 17.97% and a return on equity of 25.51%. The firm had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the firm earned $1.32 EPS. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. Agilent Technologies has set its FY 2025 guidance at 5.560-5.590 EPS. Q4 2025 guidance at 1.570-1.600 EPS. On average, equities analysts predict that Agilent Technologies, Inc. will post 5.58 earnings per share for the current year.

Agilent Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.248 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Agilent Technologies’s dividend payout ratio is currently 23.24%.

About Agilent Technologies

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.